Skip to main content Skip to footer
  • For sale
Boutique development opportunity with holding income - #1
Boutique development opportunity with holding income - #2
Boutique development opportunity with holding income - #3
Boutique development opportunity with holding income - #4
Boutique development opportunity with holding income - #5
Boutique development opportunity with holding income - #6

For Sale

Expressions of Interest closing 10th Nov 2023 Ground Floor, 18 Honeysuckle Drive, Newcastle
The property comprises a 1,366 square metre* site within the highly sought after and tightly held beachside suburb of Dudley. Zoned R2 Low Density Residential, the site offers multiple redevelopment options including dual occupancy housing, childcare or health consulting rooms (STCA), with the benefit of $52,000* per annum in holding income whilst the planning process is undertaken. Improved on the land is a 300 square metre* building currently occupied by Telstra Corporation and known as the Dudley Telstra Exchange.

The property is located on the southern side of Ocean Street, the main thoroughfare connecting Dudley to Whitebridge. Shops, sporting fields and hotels are within 350 metres* of the site, which is nestled between the Dudley Public School and Awabakal Nature Reserve.

For Sale by Expressions of Interest closing Friday 10 November 2023 at 4pm (AEDT)
Ground Floor, 18 Honeysuckle Drive, Newcastle.

*Approximate

Features

Total Area - M
1,366m² site area
Net Income
Holding income $52,000 net p.a. (+ GST)
Zoning
Zoned R2 Low Density Residential
STCA
Multiple development outcomes (STCA)