9/289-295 Darby StreetBar Beach NSW 2300
Property Details for 9/289-295 Darby St, Bar Beach
Last Listing description (April 2021)
- The subject property (business not for sale) comprises a tenanted investment opportunity to acquire a strategically located commercial strata property within the exclusive suburb of Bar Beach. The property boasts great underlying fundamentals with a modern fitout in place, convenient parking and a well-appointed glass shopfront. This Bar Beach property offers a savvy investor the ability to capitalise on a suburb where opportunities like this rarely arise.
- The tenancy boasts a split system air-conditioning unit, with a single amenity and basin in place at the rear of the tenancy. The property comprises of timber flooring with a combination of downlights and pendant lighting providing an open feeling, complementing the natural light that flows through the glazed shopfront.
- Zoning B1 Neighbourhood Centre (under Newcastle Local Environmental Plan 2012).
- The property only (business not for sale) is being offered For Sale by Public Auction on Thursday 25 March 2021 at 10.30am
Auction Venue: Ground Floor, 18 Honeysuckle Drive, Newcastle.
For more information, please call Ben Robinson on 0402 211 392 or Tim Woolf on 0413 155 462.
*Approximate
Property History for 9/289-295 Darby St, Bar Beach, NSW 2300
- 24 Mar 2021Sold for $370,000
- 16 Feb 2021Listed for Sale Please contact agent
- 26 Nov 2018Sold for $350,000
Recent sales nearby
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About Bar Beach 2300
The size of Bar Beach is approximately 0.5 square kilometres. There are 4 parks, covering nearly 33.2% of the 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 723 properties. Over the last 5 years, Houses in Bar Beach have seen a 16.79% increase in median value, while Units have seen a 34.52% increase. As at 30 June 2026:
- The median value for Houses in Bar Beach is $2,335,277 while the median value for Units is $972,412.
- Houses have a median rent of $1,250 while Units have a median rent of $650.
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