Michael Edwards of Shiels+Co Property markets a highly sought-after development site located at 7-11 Hudson Street, Hamilton for sale.
Shiels+Co Property, a leading independent real estate agency, is proud to announce the official launch of its sales campaign for a highly sought-after development site located at 7-11 Hudson Street, Hamilton. This prime parcel of land offers developers a rare opportunity to acquire a property with exceptional potential for growth and transformation in one of Newcastle’s most dynamic areas.
The 655sqm amalgamated parcel, zoned for Mixed Use offers dual street frontage and benefits from a significant uplift in the density via the NSW Governments Transport Orientated Development (TOD) Program. The program allows for a maximum height limit of 24 metres for shop-top housing, creating immense development potential. Strategically located, the site is well-connected to the CBD, harbour, beaches, and key local amenities, including parks, schools, cafes, and restaurants.
“We are excited to offer this exceptional development opportunity,” said Michael Edwards, at Shiels+Co Property. “While the TOD Program has mainly focused on Sydney, this site’s central location in urban Hamilton makes it one of the few in the greater Newcastle area that truly benefits from this planning initiative.”
Mr. Edwards continued, “Since launching the campaign, we’ve already seen interest from local, Sydney-based, and interstate developers. The demand for apartments in Hamilton and the buyer profile is distinct from that in the CBD, driving significant interest. With the substantial increase in allowable height and the limited number of opportunities in Hamilton, we anticipate strong competition for this site.”
The property is being offered via Expressions of Interest, closing Wednesday 18th December.