59 Hunter Street, Newcastle, NSW 2300

Nestled in the heart of the city just a block from both the beach and harbour, this unique Art Deco building offers a brilliant lifestyle. The P & O building includes both a ground-floor commercial premises and stunning two-storey loft apartment above. Live above with income from the currently leased commercial area - or move your business below your home. 

Commissioned in 1935 by the Queensland Insurance Company, the building was reimagined by renowned architect W.D. Jeater, who designed the Art Deco four-inch-thick glazed terra cotta facade and the arches that now frame the residence balcony. Jeater also opened the internal spaces with double height ceilings and panels of windows which are beautiful plus enable cross-ventilation. 
 
Zoned B4 – Mixed Use, the north facing building has undergone significant transformations, including Shaddocks architects renovation in 2010 and a sophisticated residential update in 2021. The seperate commercial space is currently outfitted with offices, reception area, kitchenette and bathroom. The commercial space could easily be converted into a shop or gallery. Meanwhile the loft apartment impresses with an open-plan layout, soaring 3.5m ceilings, custom joinery and a private rooftop garden. 
 
Whether you're drawn by its architectural heritage, potential for lifestyle flexibility or the allure of city living - this unique property represents a rare chance to own a piece of Newcastle's storied past while shaping its future.

− Residential two-level loft apartment with roof garden ~ 220sqm
− Whole wall of joinery for personal library and double glazed northern windows
− Kitchen: Neff ovens (2) + induction cooktop, two integrated Fisher & Paykel fridge/freezers, Bosch dishwasher
− Weber BBQ, plumbed sink, bar fridge, motorised awning on the private roof garden, 
− A/C throughout; Ethanol fireplace in the lounge/dining area
− The ground floor ceiling is over 4m and the first floor is over 3.5m 
− Commercial space ~110sqm, currently returning $44kpa until June 2025 with an option of an additional 3-year term
− Potential for strata titling and selling the spaces individually (STCA)
- Council rates: $1132 p/quarter
- Water rates: $300 per quarter

Disclaimer: 
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.