Two more high-rise developments are on the way for Newcastle’s west end as property developers look to cash in on greater height limits and the Wickham transport interchange.
Newcastle City Council has received a development application for a 14-storey tower at 809 Hunter Street and approved a DA for an adjoining 15-floor unit block in Denison Street last year.
The $11 million Hunter Street building has just 22 two-bedroom apartments, two per floor, above three levels of parking and ground-floor commercial space.
The $14 million Denison Street tower holds 58 apartments with three floors of retail and commercial space.
Both are close to the Cambridge Hotel, which is on the market for $9.2 million after the owners developed a concept plan for 153 apartments taking full use of the site’s 60-metre height limit and 6:1 floor space ratio.