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Investment Highlights

  • Mixed-use design blending residential apartments with street-level retail space
  • Positioned among new developments, cafes, and lifestyle precincts in Newcastle’s west end
  • Highly walkable site adjacent to Newcastle Interchange for multimodal transport links
  • Located in a major urban renewal zone with strong demand for high-density housing

Executive Summary

1 Union Street is a prime mixed-use development opportunity in Newcastle’s thriving west end, combining modern multifamily apartments with activated ground-floor retail. Positioned steps from the Newcastle Interchange, the site offers unmatched connectivity to rail, light rail, and buses, appealing to residents seeking convenience and businesses targeting high-exposure retail frontage. Surrounded by new residential towers and lifestyle amenities, this location is at the center of Newcastle’s urban growth corridor.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 2
  • 1,840 SF
  • Office
  • Upon Request
  • $45,457.91
Sale Type Investment
No. Parking Spaces 3
Description
Suite 2 at 15 Wickham Street comprises a well-presented 171 sqm* office within a modern strata complex in Newcastle’s emerging west end. The tenancy offers an open-plan configuration complemented by quality finishes, a fully equipped kitchen, ducted air-conditioning, and abundant natural light. Three dedicated on-site car spaces provide added convenience for staff and visitors.

Strategically positioned opposite Newcastle Interchange, the property ensures immediate access to train, tram, and bus connections, making it highly accessible for businesses servicing clients across the region. Its location within a rapidly evolving commercial and residential precinct positions Suite 2 as a highly functional, low-maintenance asset for occupiers or investors seeking strong fundamentals and connectivity.
Sale Notes
This office suite presents a prime investment opportunity with a new three-year triple net lease to a national recruitment firm, generating a net income of $62,987.27 per annum with all outgoings paid by the tenant. Occupying 171 sqm* of modern open-plan space with ducted air-conditioning, kitchenette facilities, and three dedicated car parks, the property enjoys exceptional exposure opposite Newcastle Interchange—the region’s major transport hub. Surrounded by significant commercial and residential developments, the asset offers secure income and growth potential in one of Newcastle’s strongest urban investment locations.
Unit Unit Size Condo Use Price NOI
Unit 2 1,840 SF Office Upon Request $45,457.91

Unit 2

Unit Size
1,840 SF
Condo Use
Office
Price
Upon Request
NOI
$45,457.91

Unit 2

Unit Size 1,840 SF
Condo Use Office
Price Upon Request
NOI $45,457.91
Sale Type Investment
No. Parking Spaces 3
Description
Suite 2 at 15 Wickham Street comprises a well-presented 171 sqm* office within a modern strata complex in Newcastle’s emerging west end. The tenancy offers an open-plan configuration complemented by quality finishes, a fully equipped kitchen, ducted air-conditioning, and abundant natural light. Three dedicated on-site car spaces provide added convenience for staff and visitors.<br> <br> Strategically positioned opposite Newcastle Interchange, the property ensures immediate access to train, tram, and bus connections, making it highly accessible for businesses servicing clients across the region. Its location within a rapidly evolving commercial and residential precinct positions Suite 2 as a highly functional, low-maintenance asset for occupiers or investors seeking strong fundamentals and connectivity.</li></ul>
Sale Notes
This office suite presents a prime investment opportunity with a new three-year triple net lease to a national recruitment firm, generating a net income of $62,987.27 per annum with all outgoings paid by the tenant. Occupying 171 sqm* of modern open-plan space with ducted air-conditioning, kitchenette facilities, and three dedicated car parks, the property enjoys exceptional exposure opposite Newcastle Interchange—the region’s major transport hub. Surrounded by significant commercial and residential developments, the asset offers secure income and growth potential in one of Newcastle’s strongest urban investment locations.</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 161,297 SF
Property Type Office (Condo)
Building Class C
Floors 11
Typical Floor Size 14,660 SF
Lot Size 0.47 AC
  • Listing ID: 40536464

  • Date on Market: 5/15/2026

  • Last Updated:

  • Address: 15 Wickham St, Wickham, NSW 2293

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