​​Hunter Region Heats Up: Colliers Newcastle Sells Trio of Prime Assets to Interstate Investors​ 

​​Sydney and interstate buyers drive demand for retail and healthcare assets in the Hunter Region as Colliers achieved 100% auction clearance rate.  ​ 

In a clear sign of confidence in the Hunter Region’s commercial property market, Colliers Newcastle has successfully transacted three premium investment assets, achieving a 100% auction clearance rate and attracting strong interest from Sydney and interstate buyers.

The standout result was the pre-auction sale of a prime retail investment at 33 Honeysuckle Drive, Newcastle. The 330 sqm* strata suite, leased to acclaimed restaurant Meat & Grain on a 10-year term, was snapped up by a Sydney-based private investor for $3.45 million, reflecting a rate of $10,454/sqm.

Michael Chapman, Colliers Associate Director, said, “We haven’t seen a brand-new property with a strong tenant and long lease brought to market in years. The successful sale clearly indicates robust demand for well-located, modern properties that possess strong underlying fundamentals.”

At auction, Colliers also sold a freestanding retail asset in Adamstown, leased to national tenant BWS (Endeavour Group) until 2030. Situated on a 758.8 sqm* site within a Transit Oriented Development (TOD) precinct. The property sold for $2 million, delivering a net initial yield of approximately 5%.

Peter Macadam, Colliers National Director commented, “The property attracted competitive bidding, highlighting the appeal of convenience retail and the strength of tenant covenants like Endeavour Group.”

Ben Robinson, Colliers Senior Executive, added, “The property’s location within a Transit-Oriented Development (TOD) precinct adds long-term value and future redevelopment potential.”

The third transaction was a medical investment in Salamander Bay, fully leased to IPN Medical Centres. The single-storey facility, prominently positioned on Soldiers Point Road, sold under the hammer for a net yield of 5.88% to a Victorian investor.

Luke Rutledge, Colliers Director, noted, “This result highlights the ongoing demand for healthcare assets in the Hunter Region. The fact that this was purchased by an interstate investor underscores the continued interest we are getting from investors who are being priced out of metropolitan markets.”

Across the three campaigns, Colliers Newcastle generated over 250 buyer enquiries, with all three properties ultimately sold to Sydney or interstate investors, a testament to the region’s growing profile and Colliers’ national reach.