Think HBR

Cubbyhole Newcastle under construction

Cubbyhole Newcastle is the first fully customisable workspace estate, encompassing 55 light industrial units sized 20 to 45 sqm (Cubbyholes).
 
Each cubbyhole is accessed via a roller door coded with an element of the periodic table, and comes with power, lighting and internet – making them ready to go.
 
“This is a workspace estate like nothing else seen before”, says John Ryba, founder of Cubbyhole Developments. “We have sold 40 units off the plan to architects, financial planners, tradesman, micro businesses, online businesses, high profile investors, hobbyists, creatives and many others. The Cubbyhole community is evolving and will be unique.”
 
The estate offers allocated parking to most units, as well as first class communal amenities with showers and change rooms, high level security and 24/7 access.
 
Cubbyhole also features a spacious ceiling height that allows owners to build a mezzanine level at minimal cost, immediately doubling the space and adding value to their unit.
 
“The ability to extend the space to twice the capacity is a huge draw card,” says Simon Boyle of Robinson Property. “The pricing is ideal for everyone, providing an opportunity to own rather than rent, whilst investors will obtain an estimated 9% return with minimal outlay and low maintenance cost.”