Tesla leases prominent regional showroom
Tesla has expanded in New South Wales, leasing a prominent ex-Isuzu showroom, at Newcastle West.
The NYSE-listed EV producer, co-founded by chief executive officer Elon Musk, will soon trade from 23 Tudor Street and 214 Parry, a 1355 square metre parcel near the Pacific Highway (known as Hunter St as it passes this pocket), less than a kilometre from the CBD.
About 240 sqm of internal space will display new cars and contain offices.
More vehicles will be displayed across 743 sqm of hardstand, of which another portion will contain a 17-bay customer and staff car park.
A 373 sqm warehouse meanwhile will accommodate a six bay maintenance and service centre.
Commercial Collective’s Adam Lacy marketed the site, passed by 17,400 vehicles a day.
The deal comes five months since we reported Zeekr leased a recently modernised showroom in Brisbane’s Slacks Creek.
Last August meanwhile, Lansvale Group, which holds a licence to sell LVD, GWB, Mahindra and MG. amongst other makes, here, committed to a property with a 1320 sqm showroom in Sydney’s Prestons.
Tesla meanwhile rented a major west Melbourne showroom to store cars mid-last year.
Tesla backs Newcastle
Tesla, which established in Australia in late 2014, also has a Sydney showroom – and outlets in the ACT, Queensland, South Australia, Tasmania and Victoria.
“Tesla’s decision to establish a facility in Newcastle underscores the city’s ongoing transformation into a hub for innovation and sustainable technology,” Mr Leacy said.
“This success reflects the strength of Newcastle’s commercial property sector and the opportunities that arise when local expertise meets global vision,” he added.
“As Newcastle continues its rejuvenation, the city’s strategic infrastructure, skilled workforce, and growing demand for premium commercial properties make it an increasingly attractive destination for international companies,” according to the executive.
“Commercial Collective remains committed to connecting leading businesses with premium commercial and industrial opportunities throughout Newcastle and the Hunter region”.
Newcastle is Australia’s seventh most populated city; the Greater Newcastle area is home to about 682,000 people.
Subscribe to our newsletter at the bottom of this page.
