59B Stewart AvenueHamilton South NSW 2303
Property Details for 59b Stewart Ave, Hamilton South
Last Listing description (February 2017)
The subject property is located on the eastern side of Stewart Avenue, within one kilometre (approx.) from Hamilton s restaurant and caf precinct of Beaumont Street, and only three kilometres (approx.) from the Newcastle CBD.
The property comprises a single storey, highly exposed commercial building occupied by The Avenue takeaway shop. Internally, the building is made up of two parts, featuring a front-of-house servery area on the Stewart Avenue frontage, together with a commercial kitchen and food preparation area located at the rear. A small storage garage and back-of-house garbage area are located at the rear of the property, which also extends to the on-site carpark area.
- Situated approximately three kilometres from the Newcastle CBD
- Total site area 208.7 square metres (approx.)
- Total building area 80 square metres (approx.)
- Leased until 31 July 2019
- Current net rental income $36,582 per annum net
- Annual CPI rent increases throughout the lease term
- Zoned B1 Neighbourhood Centre under Newcastle LEP 2012
For Sale by Public Auction Thursday 22nd September at 10.30am | Novotel, 5 King Street, Newcastle
Property History for 59b Stewart Ave, Hamilton South, NSW 2303
- 22 Sep 2016Sold for $530,000
- 28 Jul 2016Listed for Sale Not Disclosed
- 04 Apr 2013Sold for $440,000
Recent sales nearby
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About Hamilton South 2303
The size of Hamilton South is approximately 1.3 square kilometres. There are 10 parks, covering nearly 8.5% of the total area. The population of Hamilton South in 2016 was 3876 people. By 2021 the population was 4057 showing a population growth of 4.7% in the area during that time. The predominant age group in Hamilton South is 50-59 years. Households in Hamilton South are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Hamilton South work in a professional occupation.In 2021, 53.80% of the homes in Hamilton South were owner-occupied compared with 51.20% in 2016.
Hamilton South has 2,030 properties. Over the last 5 years, Houses in Hamilton South have seen a 24.58% increase in median value, while Units have seen a 33.58% increase. As at 30 June 2026:
- The median value for Houses in Hamilton South is $1,709,334 while the median value for Units is $929,325.
- Houses have a median rent of $850 while Units have a median rent of $700.
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