6 COUNCIL STREET, WALLSEND NSW 2287
INFORMATION MEMORANDUM
Three-title landholding adjoining major retail amenity 6 Council Street, Wallsend NSW 2287
CREATING WORTH
Connected. Experienced.
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INFORMATION MEMORANDUM
6 COUNCIL STREET, WALLSEND NSW 2287
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6 COUNCIL STREET
EXECUTIVE SUMMARY
Address
6 Council Street, Wallsend NSW 2287
Legal Description
Lot 7, 8, & 9 Deposited Plan 18215
Opportunity
Positioned within the Wallsend Local Centre, this exceptional 2,167sqm* three-title E1 Local Centre landholding adjoins Wallsend Village Shopping Centre and presents an opportunity to secure a significant mixed-use development site. Benefitting from a 14m* building height limit and DA approval for 32 residential apartments above ground floor commercial space, the property offers immediate development potential. An outstanding opportunity for owner-occupiers, developers and investors looking to secure a substantial holding in one of Newcastle's tightly held commercial precincts.
Site Area
Lot 7 - 717sqm* Lot 8 - 921sqm* Lot 9 - 529sqm* Total - 2,167sqm*
Outgoings
$29,365.36 per annum plus GST
Local Government Area
City of Newcastle
Zoning
E1 - Local Centre
Process
For Sale by Expressions of Interest closing Thursday, 27 August 2026 at 4:00PM (AEST) Submit EOI g
Agent Details
Benjamin Morello Associate Director | Industrial Commercial Collective 0402 489 498 | E: benjamin@commercialcollective.com.au Daniel Philip Director | Sales CVA Property Consultants Pty Ltd P: 0439 977 121 | E: daniel.philip@cva.melbourne
* Approximately 2 |
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INFORMATION MEMORANDUM
6 COUNCIL STREET, WALLSEND NSW 2287
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THE PROPERTY
Three-title E1 Local Centre landholding with 32-apartment DA 6 Council Street, Wallsend presents a rare 2,167sqm* development opportunity comprising Lot 7 (717sqm*), Lot 8 (921sqm*) and Lot 9 (529sqm*) in DP 18215. Positioned in the heart of the Wallsend Local Centre, the property adjoins Wallsend Village Shopping Centre and sits just metres from the Wallsend Diggers Club, placing it within one of Newcastle's most established retail and community precincts. Development sites of this scale in such a tightly held location are exceptionally rare, offering purchasers a significant foothold in a strategically positioned growth centre. Zoned E1 Local Centre under the Newcastle LEP 2012, the property benefits from one of the NSW planning system's most flexible zoning classifications. Permitting a maximum building height of 14m*, the zoning supports a broad range of uses including shop-top housing, mixed-use development, retail premises, business premises, food and drink outlets, medical centres and community facilities (STCA). Combined with the generous site area and the City of Newcastle's long-term vision for the Wallsend Local Centre, the property offers an outstanding platform for developers, owner-occupiers and investors seeking a landmark mixed-use opportunity. Further enhancing its appeal, the property is offered with a current Development Approval for 32 residential apartments above ground floor commercial space, enabling an incoming purchaser to progress directly to the delivery phase while avoiding the time, cost and planning risk associated with securing a new approval. The approved scheme complements the surrounding precinct, with commercial tenancies benefiting from the strong pedestrian activity generated by the adjoining Wallsend Village Shopping Centre, anchored by a newly refurbished Coles, a full-line ALDI and approximately 40 specialty retailers. The existing approval also provides a strong foundation for future design refinement or alternative development outcomes, subject to council approval.
Development
Location
Investment
» 2,167sqm* site across three contiguous titles
» Adjoins Wallsend Village Shopping Centre
» Flexible ownership and financing options
» DA approved for 32 apartments above ground floor commercial
» Major bus interchange nearby
» Mixed-use development potential (STCA)
» E1 Local Centre zoning
» 10km* to Newcastle CBD
» 14m* maximum building height » Three-title configuration allowing staged development
» Walking distance to Wallsend Diggers Club
» Positioned within the City of Newcastle's Wallsend revitalisation area » Strong surrounding retail and community amenity
*Approximately 4 |
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INFORMATION MEMORANDUM
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6 COUNCIL STREET, WALLSEND NSW 2287
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INFORMATION MEMORANDUM
6 COUNCIL STREET, WALLSEND NSW 2287
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LOCATION
Wallsend is a well-established residential and commercial suburb within the City of Newcastle local government area, positioned approximately 10km* west of the Newcastle CBD. The suburb is home to over 13,000 residents and operates as one of Newcastle's principal Local Centre Major precincts, supporting a deep mix of retail, commercial, community, hospitality and civic uses anchored by Wallsend Village Shopping Centre, the Wallsend Diggers Club and the Wallsend bus interchange. The precinct serves a broad residential catchment including Wallsend, Elermore Vale, Maryland, Fletcher and Minmi, with sustained demand for well-located residential and mixed use product. The City of Newcastle has designated Wallsend as a Local Centre Major and is delivering an active Public Domain Plan focused on amenity, pedestrian connectivity and the business environment within the centre. This continued investment, combined with the centre's residential catchment and proximity to major institutional anchors, supports both end-value on completion and ongoing tenant demand for ground floor commercial product. The site is 3km* from the University of Newcastle and 4.6km* from John Hunter Hospital, with both institutions among the largest employers and economic drivers in the Hunter Region. Connectivity is a defining feature of the location. The A15 Newcastle Link Road provides direct vehicle access east to Newcastle CBD and west to the Pacific Highway and the M1 Pacific Motorway, while the adjoining Wallsend bus interchange provides direct public transport access across the wider Newcastle network. Industrial and commercial property fundamentals across the City of Newcastle remain supported by population growth, infrastructure investment and structurally constrained supply within established local centres such as Wallsend.
Key Distances Wallsend Village Shopping Centre Wallsend Diggers Club
adjacent metres from site
Wallsend bus interchange
adjacent
A15 Newcastle Link Road
direct access
University of Newcastle
3km*
John Hunter Hospital
4.6km*
Newcastle CBD
10km*
Westfield Kotara
7km*
Port of Newcastle
12km*
Newcastle Airport
30km*
*Approximately 8 |
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INFORMATION MEMORANDUM
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6 COUNCIL STREET, WALLSEND NSW 2287
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INFORMATION MEMORANDUM
6 COUNCIL STREET, WALLSEND NSW 2287
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OUTGOINGS Item
Cost per annum*
Council rates
$13,835.77
Water rates (fixed charges only)
$15,529.59
Total
$29,365.36
Note: The above information has been displayed as accurately as possible, we do however recommend you refer to the relevant authorities to satisfy yourself as to the correct outgoing figures. Recoverable %
Valuer General's Assessment The valuer generals assessment for of unimproved capital value of the property for rating and taxation purpose is $1,080,000 as at 1 July 2024.
Disclaimer It's recommended that all involved parties obtain a quote from their insurance provider to assist in determining the suitable premium for the subject property.
*Approximately
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INFORMATION MEMORANDUM
6 COUNCIL STREET, WALLSEND NSW 2287
Our services We have a range of additional services available including:
Asset Management
Property Insurance
Developments
Property Finance
02 4077 5858 | office@commercialcollective.com.au | commercialcollective.com.au
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INFORMATION MEMORANDUM
6 COUNCIL STREET, WALLSEND NSW 2287
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TOWN PLANNING
Zoning
The property is zoned E1 Local Centre under the Newcastle Local Environmental Plan 2012
Objectives of the zone
» To provide a range of retail, business and community uses that serve the needs of people who live in, work in or visit the area. » To encourage investment in local commercial development that generates employment opportunities and economic growth. » To enable residential development that contributes to a vibrant and active local centre and is consistent with the Council’s strategic planning for residential development in the area. » To encourage business, retail, community and other non-residential land uses on the ground floor of buildings. » To maintain the hierarchy of commercial centres throughout the City of Newcastle, ensuring the scale of development is appropriate with the surrounding area and does not prejudice the viability of the Newcastle City Centre or other centres. » To provide development that maintains an active street frontage that positively contributes to the safety and vibrancy of the pedestrian environment.
Permitted without consent
Environmental protection works; Home occupations
Permitted with consent
Amusement centres; Boarding houses; Car parks; Centre-based child care facilities; Commercial premises; Community facilities; Dwelling houses; Entertainment facilities; Environmental facilities; Exhibition homes; Flood mitigation works; Function centres; Home businesses; Home-based child care; Hotel or motel accommodation; Industrial retail outlets; Information and education facilities; Light industries; Local distribution premises; Medical centres; Oyster aquaculture; Passenger transport facilities; Places of public worship; Public administration buildings; Recreation areas; Recreation facilities (indoor); Registered clubs; Respite day care centres; Roads; Service stations; Shop top housing; Signage; Storage premises; Tank-based aquaculture; Tourist and visitor accommodation; Vehicle repairs stations; Veterinary hospitals; Water recreation structures
Prohibited
Any development not specified in item 2 or 3
Source: Newcastle LEP 2012 16 |
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INFORMATION MEMORANDUM
6 COUNCIL STREET, WALLSEND NSW 2287
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NEWCASTLE OVERVIEW
Newcastle is the commercial and economic centre of the Hunter Region, supported by a diverse property market spanning office, industrial, retail, medical, hospitality, mixed-use and accommodation assets. As NSW’s second-largest city, Newcastle plays a significant role in the region’s employment, business and investment profile, with its CBD, fringe commercial precincts, industrial estates and port-related infrastructure continuing to support a broad range of occupier and investor activity. The Newcastle economy is home to approximately 178,935 people, supports around 116,077 jobs and generates an estimated $53.791 billion in annual economic output. Key employment sectors include health care and social assistance, construction, education and training, professional services, accommodation and food services, and transport and warehousing. This depth of economic activity supports demand across multiple commercial property sectors, from office, medical and professional services premises through to industrial facilities, retail tenancies and hospitality assets servicing the city’s growing workforce, resident base and visitor market.
The Hunter Region Gross Regional Product is estimated at $50.282 billion and is the largest growth centre in NSW outside of the Sydney Basin.
The NSW Government is investing $835 million to redevelop the John Hunter Hospital with purpose-built infrastructure.
$2.1 billion M1 Pacific Motorway Extension is due to complete by 2027, enhancing connectivity between the M1 and Pacific Highway.
Led by the NSW Government, the Broadmeadow Place Strategy is a 30-year plan to transform 313 hectares into a connected urban hub.
Backed by a $500 million federal commitment, the high speed rail authority will lead and plan the delivery of the Sydney to Newcastle rail line.
3.865 million yearly tourists visit the Hunter Region & an estimated 61,500 new jobs in Greater Newcastle by 2036.
Port of Newcastle is the largest bulk shipping port on Australia's east coast and the largest terminal for coal exports, generating an annual trade of $37 billion.
Population of the Hunter Region is estimated to increase by 862,500 people by 2036 with the Greater Newcastle Metropolitan area having experiencing population growth of 1.13%* per annum since 2008.
Newcastle’s commercial property market is increasingly driven by asset quality, location and practical occupier requirements. Office and commercial leasing demand is generally strongest for well-located premises that provide amenity, parking, flexibility and access to workforce catchments. Medical, health and education-related assets continue to benefit from Newcastle’s position as a major service centre, while retail and hospitality premises are supported by the city’s residential growth, tourism base, expanding nighttime economy and continued urban renewal. Industrial property remains a key part of Newcastle’s market profile, supported by the Port of Newcastle, established trade and logistics precincts, manufacturing capability, defence-related activity and access to major transport corridors. Demand continues to be led by occupiers seeking functional warehouse, workshop, logistics and service-based accommodation, particularly where assets provide clearance, access, hardstand, power, parking and proximity to key customer or supplier networks. For investors and owner-occupiers, Newcastle offers exposure to one of regional NSW’s most established and diversified economies. Continued population growth, infrastructure investment, employment depth, port connectivity and the city’s transition from a traditional industrial base to a broader service, health, education and innovation-led economy continue to support long-term demand for well-positioned commercial property assets.
Sources: Greater Newcastle Metropolitan Plan 2036 | ABS Regional Population Report | REMPLAN | City of Newcastle 18 |
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INFORMATION MEMORANDUM
6 COUNCIL STREET, WALLSEND NSW 2287
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CREATING WORTH
18-20 Russell Street, Melbourne VIC 3000 T: (03) 9654 2311
SALE PROCESS
Process
E: reception@cva.melbourne cva.melbourne
For Sale by Expressions of Interest closing Thursday, 27 August 2026 at 4:00PM (AEST) Submit EOI g
Legal Details
Mills Oakley Lawyers Attention: Courtney Prior Level 6, 530 Collins Street, Melbourne, Victoria 3000 E: caprior@millsoakley.com.au P: 0417 697 012
Inspections
Agent Details
All inspections to be in the company of a Commercial Collective agent or representative. Benjamin Morello Associate Director | Industrial
NEWCASTLE 10 Newcomen Street, Newcastle NSW 2300 EAST MAITLAND Suite 2, 13 Mitchell Drive, East Maitland NSW 2323
Commercial Collective
02 4077 5858
0402 489 498 | E: benjamin@commercialcollective.com.au
office@commercialcollective.com.au
Daniel Philip Director | Sales CVA Property Consultants Pty Ltd
commercialcollective.com.au
P: 0439 977 121 | E: daniel.philip@cva.melbourne DISCLAIMER This information memorandum (IM) 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 IM 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 IM. 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 IM 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 IM including any errors, misrepresentation or omissions. Commercial Collective disclaims all responsibility for any loss or damage caused by reliance by any person on this IM or any representation, warranty or statement made by or on behalf of any of the Commercial Collective Entities. This IM 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.
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.
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