172 Broadmeadow Road, Broadmeadow, NSW 2292 | BlockOfUnits for sale | OnTheHouse
 
FOR SALE
Guide $2,350,000 - $2,550,000

172 Broadmeadow Road
Broadmeadow NSW 2292

Bedrooms: 8
Bathrooms: 4
Car spaces: 3
Land area: 442m2
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Seize the Opportunity. Totally Refurbished Apartment Block in Prime High Growth Location

This is a genuine set-and-forget residential real estate investment, one of those rare assets where the work's been totally completed and the returns are already rolling in. A tightly held block of four units that are fully renovated and fully leased, delivering a strong rental return of $127,400 per annum with every dollar underpinned by a recent, high-quality modernisation that can only assist with the increase in return and capital growth over time.
Set on 2 levels, each apartment has been thoughtfully reworked to meet exactly what tenants are seeking in terms of comfortable easy-care living. Each of the four units offer two generous bedrooms with built-in robes and ceiling fans, sleek fully tiled bathrooms with frameless glass shower, and open plan living zones that feel light and comfortable, finished with plantation shutters and quality floor coverings and fittings throughout. Caesarstone kitchens with electric appliances anchor everyday living, air conditioning allows for comfortable temperatures all year round to suit, and internal laundries in every unit add practicality.
The location will assure strong demand and guaranteed financial growth with Broadmeadow Rail Station just a mere 250m from the doorsteps of the units, Beaumont Street is within walking distance, and lifestyle anchors like parks, schools, Honeysuckle, and Bar Beach are all accessed in under 10 minutes by car.
Add in Newcastle council's Broadmeadow Place Strategy, Newcastle's long-term vision for a revitalised sports and entertainment hub at Hunter Park with a new arena next to McDonald Jones Stadium, and the fundamentals stack up for sustained strong demand and growth with this solid and safeguard asset that can only enhance any property portfolio or superfund.
- Four fully renovated units on one title, 442 sqm block
- Open plan living with a/c, hybrid flooring, and plantation shutters
- Stone finished kitchens with electric hob, under bench oven, dishwasher
- Each unit with two carpeted bedrooms each with a built-in robe and ceiling fan
- All bathrooms are fully tiled featuring a frameless glass shower
- Unit 3 has a full laundry room, Euro laundries to remaining three
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Property Details for 172 Broadmeadow Rd, Broadmeadow

172 Broadmeadow Rd, Broadmeadow is a 8 bedroom, 4 bathroom BlockOfUnits with 3 parking spaces. The property has a land size of 442m2. The place is currently for sale with First National Newcastle City.

Building Type
BlockOfUnits
Land Size
442m2
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About Broadmeadow 2292

The size of Broadmeadow is approximately 2.4 square kilometres. There are 9 parks, covering nearly 24.5% of the total area. The population of Broadmeadow in 2016 was 1592 people. By 2021 the population was 1688 showing a population growth of 6.0% in the area during that time. The predominant age group in Broadmeadow is 20-29 years. Households in Broadmeadow are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Broadmeadow work in a professional occupation.In 2021, 53.80% of the homes in Broadmeadow were owner-occupied compared with 54.10% in 2016.

Broadmeadow has 1,440 properties. Over the last 5 years, Houses in Broadmeadow have seen a 25.49% increase in median value, while Units have seen a 35.67% increase. As at 30 June 2026:

  • The median value for Houses in Broadmeadow is $1,206,301 while the median value for Units is $788,701.
  • Houses have a median rent of $698 while Units have a median rent of $650.
There are currently 8 properties listed for sale, and 5 properties listed for rent in Broadmeadow on OnTheHouse. According to Cotality's data, 55 properties were sold in the past 12 months in Broadmeadow.

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George Rafty
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Tia Langdon
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First National Newcastle City
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