Commercial Asset: Watt St Commercial | Newcastle
Watt St Commercial is situated in Newcastle’s vibrant East End. Workers enjoy lunchtime swims, beach strolls, diverse public transport options, and access to Newcastle's finest cafes and restaurants. The recently upgraded End of Trip facilities facilitate this lifestyle and foster a positive, holistic lifestyle, embodying the ultimate live, work, and play ethos.
The main building contains over 7,500 square metres of A-Grade office space over six levels, with a recent conversion and expansion adding an additional 856 square metres.
Key features include:
- Secure on-site parking
- Landscaped courtyard
- “On Watt Grounds” café within the lobby with a living green wall.
- 5-star NABERS energy rating
- Recently upgraded End of Trip facilities with valet towel service
- Close to all modes of public transport
- Bike storage area
Long-term tenants include: Moray & Agnew, PwC, Maxim, ERM, Guild Insurance, Meridian Lawyers, Eco Logical, Ramboll and Euro Patisserie.
This first-class adaptive re-use of the redundant David Maddison medical research facility saved this iconic building from demolition and delivered far-reaching environmental, social & economic benefits to the residents of Newcastle.
Stronach Property acted as Development Manager and leader of the private equity syndicate which re-developed and retained ownership of Watt St Commercial. Stronach Property is the Asset Manager for Watt St Commercial.