CEO Update
The latest edition of the Commercial Collection highlights the region’s leading commercial and industrial property opportunities, showcasing a resilient market that continues to evolve despite recent economic challenges.
Market activity has remained strong, with an increase in transactions creating new opportunities for both seasoned investors and those entering the market for the first time. The recent reduction in the cash rate is expected to have a positive impact on the commercial property sector in the coming months. While lending institutions have maintained rigorous risk assessments, these rate cuts may enhance competition among second-tier lenders, improving access to finance for investors and businesses alike.
This shift in the lending environment is likely to drive an influx of private investors who recognise the value of commercial property investment. Over the past 12 to 18 months, Sydney-based investors have increasingly turned their attention to the Hunter region, drawn by its comparative affordability and growth potential. This trend is expected to continue as demand for high-quality assets remains strong.
The industrial property sector continues to demonstrate strength, driven by a persistent supplydemand imbalance and a limited pipeline of industrial land available for development. However, alternative opportunities are emerging, including redevelopment potential in second- and third-tier industrial assets, as well as infill developments designed for more bespoke uses.
In the commercial office market, larger businesses remain focused on encouraging employees to return to the office, influencing demand for quality office space. Newcastle’s office market is experiencing positive momentum, with new developments reaching completion this year brining more A grade stock to the market. Meanwhile, the availability of B and C-grade office stock continues to grow, with incentives likely to persist unless significant upgrades are made to enhance their appeal.
For more information on our current portfolio or to discuss your commercial property requirements, contact the team at Commercial Collective today.
Dane Crawford Partner | CEO | Licensee in Charge
For Sale OPPORTUNITIES
STEEL RIVER INDUSTRIAL ESTATE NOBBYS BEACH
HONEYSUCKLE PRECINCT
Prime industrial site with various opportunities
6 Option to purchase lots in one line or individually
Lot areas from 5,652sqm* to 24,291sqm* 4 RURAL DRIVE
DA approval for a strata warehouse development
Previously location of the Newcastle Produce Markets
4 Rural Drive, Sandgate
FOR SALE by EOI closing Thursday 10 April 4pm
This 8.64ha* landholding is offerred with community title subdivision registration, available as one or separately. The site features two warehouses: one of 9,970sqm* and another of 4,826sqm*, both with flexible leases generating strong rental income. The site offers repositioning, redevelopment, or investment opportunities, enhanced by surplus developable land. An approved DA for a 34-unit strata industrial development further boosts future growth potential.
Three brand new city fringe commercial suites
8
Starting from $25,000 per annum (plus GST) to lease or $420,000 (plus GST) to purchase, these commercial suites offer exceptional value in a prime location. Situated on a prominent arterial road and positioned beneath soon-to-be-completed residential apartments, the three suites range in size from 64sqm* to 106sqm*, providing businesses with high visibility and excellent exposure.
This 571sqm* development opportunity represents a landmark opportunity to secure Newcastle CBD's first significant co-living development. This project exemplifies build-to-rent at its finest, transforming an existing site into a community-oriented housing solution that addresses the growing demand for modern, shared living spaces. Perfectly situated in Newcastle West, this development combines innovative design, strategic location, and strong financial potential.
Waterfront investment opportunity in a rapidly growing region
C01 generates $73,023.36 net per annum plus GST Main road exposure and signage opportunities Beneath the awardwinning Foreshore Apartments
Offering entry-level investment potential, buyers can purchase individually or in one line. Located in a sought-after waterfront area, this property presents strong investment prospects and long-term value. It’s a rare opportunity to secure a premium asset in a high-demand market with excellent growth potential. Tenants include C01 Presence Real Estate with Sabi Cafe (sublease) and C02 Lulu's Gelato Company.
69 Parry Street, Newcastle West
Set within an iconic building on Parry Street and a short walk to the major transport hub, Key West sets a new standard in the commercial market with its limited range of twelve new, stylishly designed business studios. This distinctive location pr omises to be the backdrop for local business success like no other.
6 Portside Crescent, Maryville
Comprising nine architecturally designed business units, with only two remaining, these two-story workplaces blend industrial aesthetics with functional design. Each unit features a roller door and mezzanine, allowing for flexible floor segmentation to accommodate various projects. Zoned E4 Industrial, they support a diverse range of business uses.
653 Hunter Street, Newcastle West
Swift on Hunter is a soon to be completed premium commercial building located in the emerging West End CBD, just a short walk from the Honeysuckle dining precinct and Marketown Shopping Centre. The remaining suites feature premium end of trip facilities, spacious break-out balcony space and secure car parking via number plate recognition.
This well-appointed property offers a therapy pool, ample parking, and flexible use for businesses in Maitland's hub.
Zoned
5 Steel River Boulevard, Mayfield West FOR SALE OR LEASE
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Artist Impression
The soon-to-be-completed My Shed development offers flexible spaces from 19sqm* to 32sqm* in Maryland’s expanding industrial precinct. These units provide an affordable solution for small businesses, hobbyists, and those seeking secure storage or workspace. With proximity to major transport routes, residential areas, and local amenities, the strategic location enhances the appeal for various uses (STCA), making it a highly attractive option in Newcastle’s western suburbs.
4 / 56 Industrial Drive, Mayfield East
This 370sqm* property along Industrial Drive offers a fully fitted office and functional warehousing, ideal for various businesses. The office features a reception, multiple offices, a meeting room, dual amenities, and an upgraded kitchen. With 221sqm* of ground floor space and 149sqm* mezzanine, it is well-suited for small to medium-sized office users seeking a city fringe location. The property provides a versatile and accessible space for business operations.
This well-equipped unit benefits from the area’s rapid growth and proximity to major developments, providing excellent potential for business visibility and long-term value. Spanning 105sqm* workspace and a private 95sqm* courtyard, this unit is constructed with durable metal cladding and features a private bathroom and kitchenette.
Industrial parcel of land with DA-approved warehouse facility Positioned on a site area of 1.02 hectares*
16 Boardmans Close, Beresfield
Located in the highly sought-after Beresfield industrial precinct, this 1.02ha* site is one of the last remaining parcels in the area. With excellent visibility to Weakleys Drive and direct access from Boardmans Close, it offers seamless connectivity to major transport routes including the M1 Motorway, Hunter Expressway, and New England Highway. The site includes DA approval for a 3,280sqm* warehouse, making it ideal for industrial operators or investors.
Torrens Avenue,
This versatile property offers significant redevelopment potential, ideal for investors or owneroccupiers. The site features 2,957sqm* with a 1,011sqm* building, 300 amps, and a loading dock. Located just 300m* from Munibung Road, it provides excellent accessibility. Zoned E4 General Industrial, the site offers flexible usage options and long-term appeal near major regional hubs.
industrial site with dual access
115 Main Road, Heddon Greta
FOR SALE by closing on Thursday 20th March at 4pm Affordable
This expansive 8,505sqm* industrial site in the suburb of Heddon Greta offers dual access, extensive hardstand areas, a 404sqm* high-bay warehouse with office and mezzanine spaces, and a 275sqm* shed previously used as a sawmill. Conveniently located less than 1km* from the Hunter Expressway, 115 Main Road delivers exceptional functionality for industrial operators.
Land OPPORTUNITIES
Substantial land holding with versatile historical buildings and development potential
Existing DA approval for tourist and visitor accommodation on lot 4
Zoned R5 Large Lot Residential
8.06ha* landholding
Two lots with 234m* frontage to Millifield Road
*Approximately
With two large lots this 8.06-hectare* property is ideal for lifestyle residential development. Lot 3 has potential for rezoning and subdivision (STCA), Lot 4 includes a 1,690sqm* heritage building suitable for repurposing as a function centre, or private residence. An existing DA allows for tourist accommodation on Lot 4. This unique site combines residential potential with historical charm.
Your guide to buying commercial property at Auction
Buying commercial property at auction can be a fast, transparent, and rewarding way to invest—if you know how to navigate the process. Here’s what you need to know to bid with confidence and secure the right deal.
Why Buy at Auction?
9 Quick transactions – complete your purchase without delays.
9 Fair and transparent – no back-and-forth negotiations, just open bidding.
9 Great deals – potential to secure properties at competitive prices.
How to Prepare for an Auction
1. Do your research – review listings and inspect the property.
2. Check the legal pack – know what you’re bidding on.
3. Set your budget – know what you are willing to spend.
4. Arrange finances – ensure funds are ready before bidding.
5. Bid with confidence – stay calm and act fast when the opportunity arises.
Ready to invest?
Find your next commercial property today. Contact us for expert guidance and exclusive auction listings. View our upcoming
Industrial site with development flexibility
With a 170m* street frontage, this industrial landholding offers exceptional exposure and accessibility for future developments. Situated 67km* from Newcastle CBD and 107km* from Sydney CBD, it is located on Cedar Mill Drive in Warner Business Park, the Central Coast’s premier industrial estate. The site benefits from excellent connectivity between Sydney and Newcastle.
Rediscover Walka Water Works
Walka Water Works stands as one of Maitland’s most treasured heritage sites, reflecting the area’s rich industrial history. Originally built in 1887, it was the first facility in Australia to introduce a comprehensive water treatment system that supplied clean water to Newcastle and the Lower Hunter region.
The iconic pump house, with its striking polychrome brickwork and walls up to a metre thick is a testament to 19th-century engineering and features a 36-metre-tall chimney, a boiler room, and other auxiliary buildings. While the facility ceased operations as a water supplier in 1931, its legacy continued when it temporarily became a coal-fired power station in 1951 which operated until 1978. Since its decommissioning,
Sources: Maitland City Council and Newy Kids
Walka Water Works has evolved into a beloved public space, managed by Maitland City Council (MCC). Visitors today enjoy its walking trails, picnic areas, and a miniature railway, making it a favourite spot for families and history enthusiasts alike.
Recently, attention has turned to the site’s revitalisation, with plans to restore and adapt the facility for modern use while honouring its historical significance. The proposed redevelopment aligns with Maitland’s broader strategy to celebrate its heritage while boosting community engagement and local tourism of the area. Walka Water Works temporarily closed in 2022 but has now partially reopened, with a staged plan for full access underway
Works and its future potential
by MCC. Visitors can currently enjoy several walking and cycling tracks, as well as scenic picnic spots, while plans to enhance the site continue to progress. This staged reopening reflects a commitment to preserving Walka’s historic significance and ensuring its future as a community hub and recreational destination for the Lower Hunter.
If you’d like to visit Walka Water Works, the site is located at 55 Scobies Lane, Oakhampton Heights, just a short drive from the Maitland CBD. The site is accessible by car with ample parking for visitors and entry is free. Be sure to bring your own picnic rug or chairs as some of the picnic tables aren’t accessible.
Photography by TD Media
For Lease OPPORTUNITIES
7 Wentworth Street, Georgetown
Positioned in the heart of Georgetown, this modern commercial property offers 2,150sqm* of versatile space (STCA), including a 490sqm* gross building area. It features two expansive open-plan areas, private meeting rooms, a fully equipped commercial kitchen, and ample storage. With its flexible layout and prime location, 7 Wentworth Street is well-suited to a range of uses.
Newly renovated shopfront in central Maitland
421 High Street, Maitland
This shopfront showcases a large open plan space catering to retail, commercial or health and beauty (STCA).
*Approximately
Spanning
19 Marianne Street, Cardiff
Offering
*Approximately
Ground
*Approximately
Suite 4, 76 Park Avenue, Kotara
*Approximately FOR
This fully-fitted space is ideal for catering to health, medical or office operators and includes three car parks.
97 Scott Street, Newcastle Two
Mall Plaza, Rutherford
Shop 1, 3-5 Crown Street, Newcastle
*Approximately
Located in Maitland’s ‘Levee’ shopping precinct, this property offers high exposure and ample street parking.
*Approximately
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This expansive property features two high-clearance warehouses and quality office and showroom
of
on a generous site of
Positioned with excellent frontage to Munibung Road, the property provides ample on-site staff and customer parking and convenient access to major transport routes.
Two warehouse units in Cardiff industrial precinct
5 Aminya Place, Cardiff
Located 3.5km* from Cardiff Train Station, this property offers excellent connectivity to
and
This industrial facility offers a 3,259sqm* building area, 1,500sqm* of hardstand, 400-amp 3-phase power, 4 large roller doors, and 11m* eave clearance. Zoned SP1 and strategically located near major transport links, the property provides high exposure, making it an ideal choice for businesses seeking enhanced efficiency and visibility.
Are you looking for a dedicated Asset Management team?
Our local team of industry experts have a wealth of knowledge, experience and an extensive track record in managing a diverse range of properties. We are not just rent collectors, we build relationships, provide solutions and maximise returns. We are local, we are experienced, and we are connected.
This unit offers a total building area of 95sqm* with 67sqm* on the ground floor and a 28sqm* mezzanine.
22 Gavey Street, Mayfield
*Approximately
34 Turton Street, Metford
*Approximately FOR LEASE
The property features a large 880sqm* warehouse with a 1,200sqm* hardstand are that can fit up to 20 car spaces.
This 467sqm*property features 6.6m* clearance, a 5m* high roller door, and is near Newcastle CBD.
*Approximately
The property features a spacious, clear-span workshop, providing maximum usability for a range of operations. 1 / 6 Paddock Place, Rutherford
*Approximately FOR LEASE
CONTACT
NEWCASTLE
10 Newcomen Street, Newcastle NSW 2300
EAST MAITLAND
Suite 2, 13 Mitchell Drive, East Maitland NSW 2323
02 4077 5858 office@commercialcollective.com.au
DISCLAIMER
This document has been prepared by Commercial Collective using information provided to it for the transaction contemplated. Any statement or opinion made by Commercial Collective in this document is not based on any actual or implied knowledge or consideration of the investment objectives, financial situation, legal or taxation position or any other particular needs or requirements of the recipients of this document. All parties must make their own independent assessment and seek professional advice for their specific circumstances.
Neither Commercial Collective, its directors, employees, agents and related entities (Commercial Collective Entities) make any recommendation about the transaction or potential returns or use of the property. The Commercial Collective Entities do not warrant the completeness or accuracy of the information contained in this document or that it is not misleading or not likely to be misleading or deceptive.
None of the Commercial Collective Entities will be liable (whether at law, in equity or otherwise) in any circumstances for any statement made or anything contained in or arising out of the information in this document including any errors, misrepresentation or omissions. Commercial Collective disclaims all responsibility for any loss or damage caused by reliance by any person on this document or any representation, warranty or statement made by or on behalf of any of the Commercial Collective Entities.
This document is confidential and provided for the sole use of persons given it directly by Commercial Collective. It may not be reproduced, disclosed or circulated to any other person without the express written consent of Commercial Collective. All property outlines and locations indicative only.
ACKNOWLEDGEMENT OF COUNTRY
Commercial Collective pay our respects to the traditional owners, their elders past and present and value their care and custodianships of these lands. Commercial Collective is a proud Newcastle company built on the lands of the Awabakal & Worimi people.