Mr Robertson and Peter Macadam, of Colliers International, are marketing units in the precinct for sale or lease and said the development would be ideal for a range of uses, including motor vehicle dealership, childcare, hardware and building supplies, industrial retail outlets, take-away food and drink premises, gyms and recreation facilities or warehouse and distribution facilities.

The proposed development at 110 Elizabeth Street will comprise two fast food outlets and up to four separate buildings.

Related content:

The complex will feature parking for around 174 cars, subject to council approval, and has the potential benefit of drive-in access from Industrial Drive and Elizabeth Street.

"The site has been acquired by the Stevens Group and they'll be lodging a DA [Development Application] for a trade retail centre," Mr Robertson said.

"A number of retailers have already expressed interest in the site due to the location."

Commercial Collective's Byrne Tran and LJ Hooker Commercial's Sal Musico are marketing an industrial development site at Beresfield that is over 17,000 square metres in size and is positioned at the entrance to the Holmwood Business Park.

The property at 20 Babilla Close is positioned on the corner of Weakleys Drive and Enterprise Drive and is being marketed at "one of the best development sites in the Newcastle region".

"Interest so far has been a mix of owner-occupiers and developers looking to build an industrial trade retail centre. Interest levels have been quite good and we're expecting offers over $3.2 million plus GST," Mr Tran said.

The property is being marketed through an expressions of interest campaign, closing September 27.