A prime mixed-use site that sits at the gateway to Newcastle’s CBD and the rapidly evolving West End precinct is set to hit the market, following growing confidence in Newcastle’s urban renewal story and the city’s emergence as a magnet for institutional and private capital.
With a guide price of $9 million and commanding the corner of Hunter Street & Worth Place, 528-534 Hunter Street is a modern two-storey commercial building with dual frontages and secure on-site parking on a 1,075 sqm* site. It offers 1,400 sqm* of flexible, government-grade fitted space, providing for immediate occupation or an easy reposition strategy offering a diverse range of commercial, education, health and mixed-use outcomes (STCA).
Its proximity to the University of Newcastle’s city campus, the Honeysuckle waterfront, and the Newcastle Interchange makes it a strategic foothold in one of the region’s most dynamic growth corridors and is for sale exclusively through Jake Smith and Matt Pontey of Cushman & Wakefield and Isaac Reville and Sarah Willcox of Commercial Collective.
Jake Smith of Cushman & Wakefield said,
“We’re seeing strong interest from a diverse mix of investors including private syndicates, high-net-worth individuals, and developers, who recognise the long-term fundamentals of Newcastle’s West End.
“The precinct’s connectivity and ongoing infrastructure investment make this an attractive proposition for those seeking both immediate income and future development upside.”
The property’s zoning (MU1 Mixed Use) and planning controls allow for a 24-metre height limit and 2.5:1 FSR, presenting genuine scope for vertical intensification. This flexibility has been a key drawcard for buyers looking to capitalise on Newcastle’s transformation into a modern, mixed-use CBD.
Isaac Reville of Commercial Collective said
“This site is right in the heart of Newcastle’s growth axis. With the light rail at the doorstep, the University campus just 230 metres away, and the Honeysuckle precinct moments away, it offers unparalleled connectivity.
“Add to that a high-quality existing fit out and strong development fundamentals, and you’ve got an asset that ticks all the boxes for investors and developers alike.”
The sale comes amid a wave of investment activity in Newcastle, driven by major infrastructure projects such as the Port of Newcastle Master Plan, fast rail corridor funding, and the John Hunter Health & Innovation Precinct.
As Newcastle continues its evolution, transactions like this signal a broader trend: regional cities are no longer secondary markets they’re becoming primary investment destinations in their own right.
528-534 Hunter Street, Newcastle is available for sale via Expressions of Interest (EOI) closing Wednesday 10th December 2025 at 4pm (AEDT).
*Approx.
