116 Beaumont StreetHamilton NSW 2303
Property Details for 116 Beaumont St, Hamilton
Last Listing description (June 2023)
Positioned centrally in one of Newcastle's famous eat streets, Beaumont Street Hamilton , this a great exposure corner building and first time offered in 30 years.
The property is currently rented to a well established long term tenants with a long lease still in place.
Some of the key points to the property are ,
- 250 sqm* commercial building with great fit out by the current tenants
- Large Corner frontage
- Great long term lease
- Outgoings paid by tenants
- Potential to further develop (STCA)
- Outstanding location close to quality tenancies
- High foot traffic area
Contact Exclusive Agent for private inspection Nick Dellis - 0423 838 281
Property History for 116 Beaumont St, Hamilton, NSW 2303
- 19 Jun 2024Sold for $3,000,000
- 26 May 2021Listed for Sale EOI
- 29 Mar 1985Sold for $130,000
Recent sales nearby
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About Hamilton 2303
The size of Hamilton is approximately 1.5 square kilometres. It has 4 parks covering nearly 4.6% of total area. The population of Hamilton in 2016 was 4229 people. By 2021 the population was 4614 showing a population growth of 9.1% in the area during that time. The predominant age group in Hamilton is 20-29 years. Households in Hamilton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hamilton work in a professional occupation.In 2021, 52.60% of the homes in Hamilton were owner-occupied compared with 51.50% in 2016.
Hamilton has 2,892 properties. Over the last 5 years, Houses in Hamilton have seen a 60.92% increase in median value, while Units have seen a 35.86% increase. As at 31 December 2025:
- The median value for Houses in Hamilton is $1,282,182 while the median value for Units is $749,523.
- Houses have a median rent of $700 while Units have a median rent of $575.
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