Welcome
We are proud to present the latest edition of the Commercial Collection, showcasing a diverse range of commercial property opportunities within the Hunter Region. Year after year, we have witnessed a consistent increase in enquiries (34%), listings (27%), and transactions (16%), underscoring the market's resilience and adaptability to evolving challenges.
Recent sales have highlighted the growing appeal of small-format industrial properties among small to medium business owners. After a temporary lull, we are witnessing a resurgence of owneroccupiers and investors, with a primary focus on premium quality industrial assets in prime inner-city locations and secondary value-add commercial opportunities. Development sites face significant challenges in maintaining previous values, prompting active buyers to repurpose these sites for alternative uses or make counter-cyclical acquisitions at perceived discounts.
While industrial properties have long been a key segment, small-format industrial spaces are currently in high demand, particularly in fringe CBD locations. Population growth and land shortages are driving this demand, supported by the M1 extension, which will improve road transport efficiency from Black Hill to Raymond Terrace. The demand is fuelled by businesses requiring space for online logistics and storage for apartment dwellers.
For investors, small-format industrial properties offer a lower-cost entry point with easy management and currently low vacancy rates. Developers also find these projects quicker and more cost-effective to build, contributing to rising prices, with some areas easily exceeding $6,000 per square metre and heading towards $10,000 per square metre. Units ranging from 150 to 300 square metres are especially popular, with many businesses renting until they grow into larger spaces.
The recent announcement of the Broadmeadow Place Strategy by the City of Newcastle opens substantial potential for the area. This 30-year plan focuses on increased urbanisation through improved connectivity, housing, and mixed-use commercial assets, particularly in areas like Hamilton North. This strategy benefits both the industrial and commercial sectors by creating new development opportunities to cater for this future growth.
In the office sector, pre-fit spaces are becoming more common, especially for smaller businesses with limited budgets. While pre-fits might not suit all, they offer a cost-effective solution. Increased awareness of environmental, social, and governance (ESG) issues has also boosted the appeal of prefit spaces that meet sustainability standards. Landlords must mitigate risks by selecting high-quality fittings and furnishings to ensure longevity and reduced maintenance.
Speak with our sales and leasing team today to learn more about the market conditions and opportunities in this quarter's Commercial Collection.
Dane Crawford Partner | CEO
Artist
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 promises to be the backdrop for local business success like no other.
Artist
Newcastle Street, Cardiff
The property is situated on a generous 2,278sqm* block, offering a relatively level and clear site with DA & CC approval for a residential apartment complex consisting of 20 apartments. The property also has options for childcare centres, seniors housing, and affordable housing (STCA, providing a versatile development opportunity.
Outline
This 1,985sqm* car park, situated in an R2 Low Density
from its proximity to
Presenting an excellent investment opportunity with development upside in this prime location within Maitland CBD. Consisting of a ground floor commercial space currently leased by automotive mechanics, Euro Precision Automotive. Upstairs consists of a five bedroom residential apartment also fully leased. Combined the property produces a combined net income of $112,186.78* per annum plus GST.
Two new lots within Blackhill’s new Hunter Business Park, are available separately or in one line. Occupying a strategically advantageous location at a transport interchange on the M1 Pacific Motorway, taking advantage of the growing logistics hub in the Newcastle and Hunter Valley Region. The site provides exceptional connectivity to key road networks , the two lots offer a combined site area of 8,374sqm*.
Versatile opportunity to occupy or invest
Great connectivity to major arterial routes
342sqm* building on a 2,223sqm* site
Ready-to-use office and warehouse space
Three dedicated car spaces
With a beautiful outlook over Lake Macquarie, this unit presents a unique opportunity for business operators or investors seeking a prominent and well-presented warehouse/office space. The ground floor includes tiled flooring, a meeting room/library, kitchen and amenities, a workshop area/storage, and internal parking. The first floor features stylish timber flooring, a board room, and multiple private offices, providing a professional and functional workspace.
23 Aruma Place, Cardiff FOR SALE
This freestanding site has a total site area of 1,555sqm*, offering a substantial 525sqm* warehouse, complemented by 95sqm* of internal office space and an 18sqm* external office. Additionally, there is a convenient 90sqm* mezzanine area, perfect for storage or additional workspace.
Land Opportunities
Settlers Rise - Substantial land parcel
3A Maison Dieu Road, Gowrie
Settlers Rise 3A Maison Dieu Road, Gowrie offers an excellent opportunity to secure a substantial land parcel with a masterplan approval for 650* residential lots and current DA consent for Stages 1 & 2 comprising 107* lots. The new Singleton Bypass will provide convenient access to this new subdivision.
The forgotten Wangi Wangi Power Station
Lake Macquarie is home to several of the original power stations that have powered our homes and businesses for years. Most people are familiar with the power station at Eraring but few outside of locals will have heard about Wangi Power Station.
The heritage listed site was in operation between 1956 and 1986 and was once the largest in the state of New South Wales. In fact, it was the largest power station in NSW for its first five years of operation. The power station was the first in Australia to be built on the site of a coal seam and is thought to have been one of the most ambitious and architecturally significant pieces of industrial architecture in Australia. Its construction took over ten years to complete and is one of only a few examples in Australia that combines hybrid steel and masonry constructions at this scale.
The site is now a state heritage listed monument with national significance for its architectural and geological significance. Since its sale to private owners in the early 1990’s it has fallen into a state of disrepair through vandalism and lack of maintenance over the years.
The abandoned power station has even been the location of an episode of Australian TV show Home and Away in 2013 and features in many “lost Newcastle’ blogs and Youtube videos.
In 2021 the Newcastle Herald reported that the site was put up for sale with the thought that it would likely be redeveloped into a large scale residential, retail, commercial or even tourism site however the 22.3 hectare site has yet to see any change over the years since.
Lease Opportunities
Positioned adjacent to Stockland Green Hills Shopping Centre
Level 4 / 6 Mitchell Drive, Maitland
On offer is the region’s most prestige commercial accommodation in the heart of East Maitland. Sitting adjacent to Greenhills Shopping Centre, this A Grade building offers a whole floor plate located on level 4, with an abundance of natural light and stunning views. The open plan space is ready for a tenant to create their ideal work space to tailor to their business needs.
This carefully maintained 100sqm* office suite, spanning over two levels, is strategically located in the heart of Newcastle’s CBD and presents an ideal setting for your business to thrive. Recently furnished and ready for you to begin operations, this suit is located in an area known for its dynamic professional community and convenient access to essential services.
A unique opportunity to position yourself in this heritage homestead that can be used for a variety of uses due to it’s flexible MU1 zoning. The property spans across 2 storeys and also has access to a private secure outdoor garden along with a rear garage/warehouse. There is onsite parking for up to 3 cars and is surrounded by nearby amenities including Pender Place Shopping Centre.
On offer is this 167sqm* commercial suite with a warm shell fit out allowing for a wide range of uses from medical, retail and office. The property is welcomed by a large glass shop front with ample space for signage. Situated on the Pacific Highway with 28,000* passing cars daily, this property is also positioned to capture maximum exposure from the main street's high level of foot traffic.
Unique café opportunity at Blackbutt Reserve
Lookout Road, New Lambton
On behalf of the City of Newcastle, a unique café/kiosk opportunity within the popular Blackbutt Reserve is on offer. This bespoke leasing opportunity for a soon-to-be-completed café/kiosk within Blackbutt Reserve will be handed over as a warm shell. The Request for Tender on this property closed 9th August, 2024. For similar opportunities contact our leasing team.
Artist impression
Purpose built warehouse facility in prime location
Versatile spaces from 1,000* - 6,000sqm*
High clearance eaves customisable to tenant specifications
Drive-around access for efficient logistics
Multiple roller door entries with optional awnings
Outline indicative only
With customisable building areas ranging from 1,000 to 6,000sqm*, this purpose-built site caters to a diverse range of operational needs. The high-quality construction with ensures durability and a professional appearance, while the included office accommodation with amenities offers a comfortable workspace for staff. High clearance eaves and drive-around access enhance operational efficiency, and the multiple roller door entries with optional awnings provide flexibility for various business activities.
Artist
Outline indicative only
This industrial strata unit offers functional and efficient space, featuring a 5 metre wide by 3.6metre high roller door for easy access and 63-amp three-phase power. The warehouse is equipped with LED lighting and provides an impressive eave clearance ranging from 7.2 to 7.7 metres. Zoned E4 General Industrial, this property is well-suited for a variety of industrial uses.
Secure modern industrial unit
Stenhouse Drive, Cameron Park
Strategically located on the southern end of Stenhouse Drive in the highly desirable and tightly held Cameron Park Industrial precinct, this 241sqm* high-clearance facility offers both versatility and convenience. The property is positioned near the M1 Pacific Highway and provides seamless connectivity to accross the Hunter Valley, making it an ideal option for a range of industries (STCA).
Outline indicative only
warehouse with ample space
Aluminium Close, Edgeworth FOR
This site offers a prime opportunity for industrial businesses seeking a versatile and well-equipped space. 5 Aluminium Close spans 1,913sqm* with a combination of a 680sqm* warehouse and 282sqm* of office space across two levels. Located in the heart of Edgeworth's thriving industrial precinct, the property offers easy access to key amenities and major transport routes.
Outline
9 & 10, 18 Templar Place, Bennetts Green
Located near two major arterial roads and zoned E4 General Industrial, these units offer a prime opportunity for small business owners or those in need of versatile storage solutions. Each unit features a 4m*
and three-phase power.
Outline
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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.
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.