Newcastle Commercial Property News

Commercial property investors with a penchant for cheeseburgers may see a golden opportunity in this new Maccas site listing that is just 11km from the Newcastle CBD.

The pub-collecting Laundy family has added Maitland’s Bank Hotel to its portfolio in a $5.5 million deal, and a major Queensland pub has also changed hands.

Supermarkets are proving to be the hardiest part of the shopping centre industry with Coles selling successfully selling off two centres in NSW for a total of almost $45 million.

Luxury hotelier Crystalbrook Collection has announced that it will build Newcastle’s first five-star hotel, after buying the Council Administrative Centre from Newcastle City Council in a deal thought to be worth $15.5 million. The hospitality …

Bunnings Warehouse-leased properties have been few and far between on the commercial market this year, and are among the industry’s hottest commodities when they do arise.

Wealthy hotelier and cosmetic surgeon Jerry Schwartz is planning to convert the historic Newcastle Post Office into a convention and wedding centre after buying the near-derelict landmark for $3.5 million.

IKEA and Costco are a step closer to opening new stores at Boolaroo, near Newcastle.

Global fashion giant H&M is spreading its wings into East Maitland, with the chain to open a major store at the new Stockland Green Hills shopping centre.

AMP Capital has bought a shopping centre in Newcastle, north of Sydney, on behalf of Sunsuper for about $163 million. This article originally appeared on theaustralian.com.au/property.