9 Gothic St Lot • Terrain commercial • 0,32 Acres • Jesmond, NSW 2299

Knight Frank presents a prime DA-approved development site at 9 Gothic Street, Jesmond, ideally positioned adjacent to the University of Newcastle’s Callaghan Campus. This approved scheme provides for a purpose-built, three-level student accommodation facility comprising 53 self-contained rooms, 12 on-grade car parking spaces, and extensive communal amenities, including an upper-level rooftop garden designed for functional and aesthetic appeal.
The site offers an exceptional opportunity for developers to capitalize on Newcastle’s thriving student market, underpinned by the University’s strong enrollment base of over 37,000 students and a reported city-wide residential vacancy rate of just 1%. Jesmond is recognized as a key student living hub, supported by shopping amenities at Jesmond Central and linked to Newcastle CBD via established public transport corridors.
Projections indicate a forecast gross income potential of approximately $1,350,000 per annum upon completion, reinforcing the robust return profile of this development. Strong demand combined with strategic positioning near academic, retail, and lifestyle facilities ensures that this offering represents both stability and long-term growth prospects for investors and developers.