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Commercial Collective - NEWCASTLE

789-791 Hunter Street & 5-7 Denison Street Newcastle West, NSW 2302

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789-791 Hunter Street & 5-7 Denison Street,
Newcastle West, NSW 2302

Hotel, Motel & Leisure • Development Sites & Land

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Map of 789-791 Hunter Street & 5-7 Denison Street

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Cambridge Hotel - Freehold Acquisition Opportunity

  • Zoned B4 Mixed Use
  • Entitlements plus licence
  • Prime location
Opportunity to take the iconic Cambridge Hotel through to its next life cycle. With an existing lease until June 2023, the hotel is strategically places with the city's growth corridor and benefits from it's close proximity to the Newcastle Interchange and bus terminal which are located directly opposite the property.

The property in it's existing form comprises a venue building with three dedicated sessions for live music, 16 rooms - student accommodation, a separate two level commercial building and 19 car spaces. The DCP allows for a potential developable Gross Floor Area of 11,650 sqm* (STCA).

- Zoned B4 Mixed Use
- Net income $267,687* pa + GST
- Site area of 1,942 sqm*
- FSR 6:1
- Height limit 60 m
- Delayed settlement period available
- Eight poker machine entitlements plus licence on title

*Approximately

Property ID: 503722330Last Updated: 26 Oct 2023

Commercial Collective - NEWCASTLE

10 Newcomen Street
NEWCASTLE, NSW 2300
Commercial Collective - NEWCASTLE
789-791 Hunter Street & 5-7 Denison Street
Newcastle West, NSW 2302
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