With the demand for inner city apartments showing no sign of waning, 22-26 Bishopsgate Street represents a significant opportunity to acquire a prime dual street frontage 738sqm site for development. With B4 mixed use zoning able to accommodate buildings up to 24 metres high, this is a superb offering in an urban hotspot only 100m from the Newcastle Interchange and the area’s eclectic mix of neighbourhood businesses including cafes, yoga studios and an inner city winemaker.
Newcastle City Council’s planning guidelines regard the area as ‘the new western gateway to the city’ and has been earmarked to become Newcastle’s emerging new CBD. It offers instant access to a range of fabulous lifestyle attractions including the marina, Honeysuckle entertainment precinct, the new light rail service, the University of Newcastle New Space building and the just announced university innovation hub also to be located at Honeysuckle.
The substantial north facing site is 738sqm with dual frontage from Charles Street
B4 Mixed Use Zoning
Two separate titles of 248sqm each and One of 238sqm
Number 24 is the current site of a three bedroom renovated home currently returning $490 per week with 22 returning $200 per week
A Building with higher levels will offer eastern views up the harbour to Nobbys headland
100 metres from the Newcastle Interchange due to open late 2017 with all transport services, including light rail, completion date is October 2017
Contact Peter for an inspection
We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including without limitation, any income, rentals, dimensions, areas, zoning and permits.