1/175 Scott Street, Newcastle, NSW 2300 sold on 28 August 2025 | OnTheHouse
SOLD
Sold on 28 Aug 2025 for $4,500,000

1/175 Scott Street
Newcastle NSW 2300

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1108m2
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Property Details for 1/175 Scott St, Newcastle

Building Type
Commercial
Land Size
1108m2
Local Government
Newcastle
Lot/Plan
1/SP35541

Last Listing description (November 2023)

A rare opportunity to secure a beautiful site full of character from yesteryear which would suit a variety of uses including but not limited to, hospitality, retail, or commercial. Located adjacent to the upcoming East End redevelopment, which includes over 600 apartments, a Woolworths Metro, Betty's Burgers, and a lively retail precinct.

This versatile ground floor property spans circa 210sqm*, there are services for a high grade commercial kitchen, high ceilings allowing lots of natural light, separate male and female amenities, deliveries bay, and captivating harbour views. Establish your business in the heart of a thriving area with projected population growth and a vibrant retail scene. Positioned between Newcastle Foreshore and Hunter Street Mall, this prime location guarantees excellent visibility and accessibility.

- Inner city food & beverage opportunity
- Adjacent Newcastle Harbour and East End redevelopment
- Suitable for multiple uses including hospitality, office or retail (STCA)
- Flexible MU1 Mixed Use zoning
- 1-minute walk from the Queens Wharf Light Rail stop
- Conveniently located opposite the Market Street Lawn community space

*Approximately

Property History for 1/175 Scott St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$4,500,000
28 Aug 2025
Listed for Rent
$82k/w
31 May 2023
  • 28 Aug 2025
    Sold for $4,500,000
  • 31 May 2023
    Listed for Rent - Price not available
  • 27 Aug 2021
    Sold for $1,250,000
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About Newcastle 2300

The size of Newcastle is approximately 4.9 square kilometres. There are 25 parks, covering nearly 10.5% of the total area. The population of Newcastle in 2016 was 2753 people. By 2021 the population was 3852 showing a population growth of 39.9% in the area during that time. The predominant age group in Newcastle is 20-29 years. Households in Newcastle are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newcastle work in a professional occupation.In 2021, 44.20% of the homes in Newcastle were owner-occupied compared with 45.70% in 2016.

Newcastle has 5,234 properties. Over the last 5 years, Houses in Newcastle have seen a 12.45% increase in median value, while Units have seen a 36.18% increase. As at 31 May 2026:

  • The median value for Houses in Newcastle is $1,808,219 while the median value for Units is $1,067,517.
  • Houses have a median rent of $730 while Units have a median rent of $750.
There are currently 43 properties listed for sale, and 14 properties listed for rent in Newcastle on OnTheHouse. According to Cotality's data, 223 properties were sold in the past 12 months in Newcastle.

Suburb Insights for Newcastle 2300

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.