55 Light StreetBar Beach NSW 2300
Property Details for 55 Light St, Bar Beach
55 Light St, Bar Beach is a 11 bedroom, 6 bathroom Unit with 4 parking spaces. The property has a land size of 559m2. While the property is not currently for sale or for rent, it was last sold in February 2016.
Last Listing description (February 2025)
Just 300m from the sands of Bar Beach and a stone's throw from the vibrant dining and shopping hubs of Darby Street and The Junction, this block of six units is a golden investment opportunity in one of Newcastle's most coveted suburbs. With a strong rental income stream, this property stands as the ultimate "set and forget" investment, promising robust returns and minimal fuss.
Location is everything, and this property truly excels. Renowned schools, popular cafes, boutique shops, corner pubs, and parkland are all within an easy stroll. Beach days, morning surfs, coastal walks, outdoor fitness sessions, bowls, and tennis a vibrant and healthy lifestyle awaits, ensuring this investment is a winner on all fronts.
Set on a generous 554.4sqm block (approx) with an approximate 16.76m frontage, developers will also be enticed by the significant potential for a luxury new home or duplex development (STCA). Whether you're looking to invest, develop, or landbank for future growth, this property offers endless possibilities.
- Dual level apartment block of six units on 554.4sqm block (approx)
- Approx block dimensions 16.76m X 33.07m zoned R2
- 2 x 1 bedroom, 3 x 2 bedroom and 1 x 3 bedroom
- 300m Bar Beach, 650m Harris Farm, Genesis Gym, Cooks Hill Medical Centre, 850m The Junction precinct, 2km Newcastle Grammar, 2km - Honeysuckle
DISCLAIMER
We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including without limitation, any income, rentals, dimensions, areas, zoning and permits.
Property History for 55 Light St, Bar Beach, NSW 2300
- 09 Aug 2024Listed for Sale Not Disclosed
- 18 Feb 2016Sold
- 04 Feb 2016Listed for Sale $2,375,000
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About Bar Beach 2300
The size of Bar Beach is approximately 0.5 square kilometres. It has 4 parks covering nearly 33.2% of total area. The population of Bar Beach in 2016 was 1256 people. By 2021 the population was 1292 showing a population growth of 2.9% in the area during that time. The predominant age group in Bar Beach is 20-29 years. Households in Bar Beach are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bar Beach work in a professional occupation.In 2021, 56.00% of the homes in Bar Beach were owner-occupied compared with 50.70% in 2016.
Bar Beach has 720 properties. Over the last 5 years, Houses in Bar Beach have seen a 19.00% increase in median value, while Units have seen a 32.40% increase. As at 28 February 2026:
- The median value for Houses in Bar Beach is $2,353,209 while the median value for Units is $892,876.
- Houses have a median rent of $685 while Units have a median rent of $650.
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