Commercial Collective has announced the successful leasing of a prominent Newcastle site to global electric vehicle leader Tesla. Located at 23 Tudor Street and 214 Parry Street, the new facility will bolster Newcastle’s growing commercial landscape and highlight the city’s role as a hub for innovation and sustainable technology.
The site sits at a strategic four-way intersection connecting Newcastle’s CBD to the western suburbs and Sydney via the M1 Pacific Motorway. With daily exposure to approximately 17,466 vehicles, the location offers exceptional visibility and accessibility, ideal for Tesla’s latest expansion.
The facility comprises a 239sqm high-clearance glazed showroom designed to showcase Tesla’s innovative vehicle range. A 743sqm display yard provides ample space for vehicles and maximises exposure to passing traffic. The site also includes a 373sqm workshop with a six-bay service centre tailored for Tesla’s servicing and maintenance needs, along with 17 on-site car parking spaces for staff and customers.
Adam Leacy, National Director of Commercial Collective, said, “This achievement reflects the strength of the commercial property sector here in Newcastle and the opportunities that exist when local expertise meets a global outlook. We’re proud to contribute to a growing city that continues to prove its relevance on the national and international stage.”
The leasing deal underscores Newcastle’s evolution as a sought-after location for global brands. Strategic infrastructure investments, a skilled workforce, and rising demand for premium commercial property have positioned the city as an attractive option for businesses expanding in the region. The successful leasing of this site further demonstrates growing confidence in Newcastle’s commercial property sector as the city continues its revitalisation.
Commercial Collective expressed pride in facilitating this high-profile lease and reaffirmed its commitment to connecting leading businesses with premium commercial opportunities in Newcastle and the Hunter region.
IMAGE | Inside the high-profile site on the corner of Tudor Street and Parry Street