151 Nelson Street, Wallsend, NSW 2287

Knight Frank is pleased to present 151 Nelson Street, Wallsend to the market For Sale by Public Auction. 

151 Nelson Street, Wallsend offers investors a rare opportunity to secure a fully tenanted, diversified freehold investment in one of Newcastle's tightly held suburban markets.

The property comprises two retail tenancies, a quasi-retail and industrial shed to the rear, and a residential apartment upstairs, delivering income diversity across multiple tenant types. The building is fully tenanted and returns approximately $115,290 per annum net, with commercial tenants responsible for their share of outgoings.

Wallsend's local centre provides strong surrounding amenity, including retail, medical services, parks and shopping centres, all supported by a large residential catchment. The location also benefits from convenient freeway and highway access to both Sydney and the Newcastle CBD.
The site spans 573 sqm* with an estimated gross lettable area of around 530 sqm* and is zoned E1 Local Centre.

This is an ideal opportunity for investors seeking a diversified, income producing asset in a market underpinned by strong demand, with clear potential for rental growth and further value add.

Key features

- Fully tenanted, returning $115,290 per annum net
- Diversified income across two retail tenancies, a rear fitted shed and a residential apartment
- Tightly held Wallsend location with limited comparable stock
- Zoned E1 Local Centre on a 573 sqm* site
- Strong residential catchment plus nearby medical, retail and transport amenity

The public auction will take place on Thursday, 5 November 2026 at 11:30am at Knight Frank Newcastle (Level 2, 168 Parry Street, Newcastle West)
Please enquire on the property for details on how to register for the Public Auction.

For more information or to arrange an inspection, please contact the exclusive Knight Frank selling agents. 

*Approximate