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Investment Highlights

  • Property benefits from strategic exposure and proximity to essential services in a well-established regional hub.
  • Tightly held locality known for sustained demand and strong rental fundamentals.

Executive Summary

158 Pacific Highway occupies a position in Charlestown, one of the key regional commercial centers near Newcastle, NSW. The Pacific Highway property sits in a convenience retail setting with consistent exposure to heavy traffic flows, while the Pearson Street suite is embedded within a robust healthcare precinct serving a strong local catchment. These assets benefit from excellent connectivity, established surrounding businesses, and continued demand for essential service operators.

2 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 2
  • 1,054 SF
  • Office/Medical
  • Upon Request
  • -
Sale Type Investment
Description
Shop 2 at 45 Pearson Street occupies a prime spot in Charlestown’s key healthcare district, complementing the area’s network of medical professionals, pathology services, and allied health operators. The location provides easy access to public transport, arterial roads, and retail amenities, making it convenient for both practitioners and clients.
Sale Notes
Shop 2, 45 Pearson Street presents an exceptional investment opportunity in Charlestown's established medical precinct. This recently refurbished strata suite spans approximately 98 m² and has been purpose-designed for allied health or consulting applications.
The asset is securely leased to a physiotherapy practice under a three-year term, with a further three-year option, reinforcing long-term stability. Rental growth is supported by annual increases set at the greater of CPI or 4%, ensuring dependable income progression. The property benefits from its strategic location within an active healthcare hub, attracting strong demand from service-based tenants and offering consistent occupancy appeal for investors.
With modern finishes and a position surrounded by medical and health providers, this property delivers a set-and-forget solution combining security, location, and income growth potential.
  • Unit 10
  • 1,087 SF
  • Office
  • Upon Request
  • -
Sale Type Investment
Description
Shop 10 at 158 Pacific Highway sits within a prominent convenience center in Charlestown, a major commercial district south of Newcastle. The property benefits from substantial road exposure, nearby retail and essential services, and strong arterial connectivity. Its position within an established hub lends itself to continued tenant demand from health, allied, and specialty service providers.
Sale Notes
This secure strata investment forms part of the well-established Charlestown Convenience Centre and presents a straightforward, income-generating opportunity. Comprising approximately 101 m², the property benefits from excellent visibility to the Pacific Highway, ensuring strong exposure in a high-traffic location.
The tenancy is underpinned by a long-standing NDIS service provider, which recently entered a new three-year option term commencing February, reinforcing continuity of income. Additional security is provided through fixed annual rent increases of 4%, delivering predictable growth for investors. With a strategic location in one of Charlestown’s busiest commercial corridors, this asset combines essential service tenancy with a tightly held regional location—making it an attractive proposition for investors seeking stability and sustained demand in the health and community services sector.
Unit Unit Size Condo Use Price NOI
Unit 2 1,054 SF Office/Medical Upon Request -
Unit 10 1,087 SF Office Upon Request -

Unit 2

Unit Size
1,054 SF
Condo Use
Office/Medical
Price
Upon Request
NOI
-

Unit 10

Unit Size
1,087 SF
Condo Use
Office
Price
Upon Request
NOI
-

Unit 2

Unit Size 1,054 SF
Condo Use Office/Medical
Price Upon Request
NOI -
Sale Type Investment
Description
Shop 2 at 45 Pearson Street occupies a prime spot in Charlestown’s key healthcare district, complementing the area’s network of medical professionals, pathology services, and allied health operators. The location provides easy access to public transport, arterial roads, and retail amenities, making it convenient for both practitioners and clients.</li></ul>
Sale Notes
Shop 2, 45 Pearson Street presents an exceptional investment opportunity in Charlestown&#39;s established medical precinct. This recently refurbished strata suite spans approximately 98 m&#178; and has been purpose-designed for allied health or consulting applications.<br> The asset is securely leased to a physiotherapy practice under a three-year term, with a further three-year option, reinforcing long-term stability. Rental growth is supported by annual increases set at the greater of CPI or 4%, ensuring dependable income progression. The property benefits from its strategic location within an active healthcare hub, attracting strong demand from service-based tenants and offering consistent occupancy appeal for investors.<br> With modern finishes and a position surrounded by medical and health providers, this property delivers a set-and-forget solution combining security, location, and income growth potential.</li></ul>

Unit 10

Unit Size 1,087 SF
Condo Use Office
Price Upon Request
NOI -
Sale Type Investment
Description
Shop 10 at 158 Pacific Highway sits within a prominent convenience center in Charlestown, a major commercial district south of Newcastle. The property benefits from substantial road exposure, nearby retail and essential services, and strong arterial connectivity. Its position within an established hub lends itself to continued tenant demand from health, allied, and specialty service providers.</li></ul>
Sale Notes
This secure strata investment forms part of the well-established Charlestown Convenience Centre and presents a straightforward, income-generating opportunity. Comprising approximately 101 m&#178;, the property benefits from excellent visibility to the Pacific Highway, ensuring strong exposure in a high-traffic location.<br> The tenancy is underpinned by a long-standing NDIS service provider, which recently entered a new three-year option term commencing February, reinforcing continuity of income. Additional security is provided through fixed annual rent increases of 4%, delivering predictable growth for investors. With a strategic location in one of Charlestown’s busiest commercial corridors, this asset combines essential service tenancy with a tightly held regional location—making it an attractive proposition for investors seeking stability and sustained demand in the health and community services sector.</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 13,100 SF
Property Type Retail
Building Class C
Floors 1
Typical Floor Size 13,100 SF
Lot Size 0.68 AC
  • Listing ID: 40269774

  • Date on Market: 2026-04-23

  • Last Updated:

  • Address: 158 Pacific Hwy, Charlestown, NSW 2290

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