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Investment Highlights

  • Freehold property with vacant possession in Newcastle’s main retail and commercial precinct.
  • Ideal for owner-occupiers, investors, or developers seeking value-add potential.
  • Prime CBD location with strong exposure, excellent connectivity, and surrounding amenity.
  • MU1 Mixed-Use zoning enabling a wide range of commercial and residential uses.
  • Future redevelopment or shop-top housing opportunity (STCA).
  • Rare offering in a tightly held and high-demand corridor.

Executive Summary

513 Hunter Street offers a rare opportunity to secure a freehold property in the heart of Newcastle’s primary retail and commercial corridor. This high-exposure site is positioned within a MU1 Mixed-Use zoning, providing exceptional flexibility for a wide range of uses including office, retail, medical, hospitality, or future redevelopment into shop-top housing (STCA).
Previously configured as a pharmacy with an accessible bathroom and consulting/treatment rooms, the property is well-suited for immediate occupation by an owner-occupier or for adaptive reuse by an investor seeking to capitalize on Newcastle’s strong growth trajectory. The location benefits from direct access to the CBD, proximity to the light rail, and a growing residential catchment, ensuring strong long-term fundamentals for both commercial and mixed-use applications.
Freehold opportunities along Hunter Street are increasingly scarce, making this a strategic acquisition for buyers seeking control, flexibility, and value-add potential in one of Newcastle’s most established and evolving precincts. The property will be offered for sale via Public Auction on Thursday, 5 March 2026, at 11:00 AM (AEDT) at Rydges Newcastle, corner Wharf Road and Merewether Street.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
2,734 SF
Building Class
C
Building Height
2 Stories

Nearby Major Retailers

Anytime Fitness
Crossfit
UBX
  • Listing ID: 39420737

  • Date on Market: 2026-02-12

  • Last Updated:

  • Address: 513 Hunter St, Newcastle, NSW 2300

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