5/185 Darby StreetCooks Hill NSW 2300
Property Details for 5/185 Darby St, Cooks Hill
Last Listing description (March 2017)
Presenting an exceptional trophy retail asset nestled in a blue-chip Darby Street location amidst the city's most iconic cafes, wine bars, and bespoke retail outlets. Comprising of a 66m2 retail space with enviable 18m2 car space, this superb opportunity is offered with a stunning fit-out and high-profile tenant wanting to stay long term and currently under a five year lease until January 2018 with a five year option. Returning a solid rental income of $27,000 per annum and with the use of a separate lock-up wc within the prestigious Darby Apartments, this is a rare opportunity to secure a hassle-free investment within one of Newcastle's highest growing suburbs.
* Extremely rare retail offering in one of Newcastle's highest growth suburbs.
* Unbeatable Darby Street location set amidst vibrant cafes and bespoke retail outlets.
* Solid return of $27,000 per annum.
* High-profile tenant currently under a five year lease until January 2018 with a five year option.
* Shop size is 66m2 plus 18m2 car park = a total of 84m2.
* Full use of a separate lock-up wc located within the prestigious Darby Apartments.
* Brilliant hassle-free investment.
Council Rates: $1,016 PA approx
Water Rates: $684 + Usage PA approx
Strata Levies: $3,094 PA approx
Selina Rankin : 0428 004 226
Property History for 5/185 Darby St, Cooks Hill, NSW 2300
- 20 Apr 2020Sold
- 10 Feb 2017Sold for $415,000
- 23 Jan 2017Listed for Sale Offers over $400,000
Recent sales nearby
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About Cooks Hill 2300
The size of Cooks Hill is approximately 0.7 square kilometres. There are 6 parks, covering nearly 6.3% of the total area. The population of Cooks Hill in 2016 was 3621 people. By 2021 the population was 3774 showing a population growth of 4.2% in the area during that time. The predominant age group in Cooks Hill is 20-29 years. Households in Cooks Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cooks Hill work in a professional occupation.In 2021, 42.20% of the homes in Cooks Hill were owner-occupied compared with 41.30% in 2016.
Cooks Hill has 2,487 properties. Over the last 5 years, Houses in Cooks Hill have seen a 13.69% increase in median value, while Units have seen a 28.99% increase. As at 31 July 2026:
- The median value for Houses in Cooks Hill is $1,741,494 while the median value for Units is $918,752.
- Houses have a median rent of $765 while Units have a median rent of $670.
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