63 Main RoadBoolaroo NSW 2284
Property Details for 63 Main Rd, Boolaroo
Last Listing description (December 2021)
The property is located on Main Road, Boolaroo and dominates a prime corner position. The subject property consists of two buildings 100% leased to six individual tenants which offers a diversified income stream with staggered lease expiries and rental upside.
The buildings sit on a substantial main road parcel of land with a combined site area of 1,296sqm* over two titles. The tenancies have rear access for parking accessed off Sixth Street.
Features include:
- 1,296sqm* corner site area
- Net income $69,318 pa (plus GST)
- Zoned B1 Neighbourhood centre
- 100% leased to six tenants
The property is going to Public Auction on Thursday 9 December at 10:30am
Venue: 18 Honeysuckle Drive Newcastle
*Approximate
Property History for 63 Main Rd, Boolaroo, NSW 2284
- 19 Jan 2022Sold for $3,100,000
- 03 Nov 2021Listed for Sale Please contact agent
- 18 Sep 2018Listed for Rent - Price not available
Recent sales nearby
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About Boolaroo 2284
The size of Boolaroo is approximately 2.7 square kilometres. It has 5 parks covering nearly 3.6% of total area. The population of Boolaroo in 2016 was 1039 people. By 2021 the population was 1636 showing a population growth of 57.5% in the area during that time. The predominant age group in Boolaroo is 30-39 years. Households in Boolaroo are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Boolaroo work in a professional occupation.In 2021, 63.50% of the homes in Boolaroo were owner-occupied compared with 67.80% in 2016.
Boolaroo has 1,488 properties. Over the last 5 years, Houses in Boolaroo have seen a 87.78% increase in median value, while Units have seen a 64.86% increase. As at 30 November 2025:
- The median value for Houses in Boolaroo is $1,062,195 while the median value for Units is $784,571.
- Houses have a median rent of $720 while Units have a median rent of $710.
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