1/456-460 Hunter StreetNewcastle NSW 2300
Property Details for 1/456-460 Hunter St, Newcastle
Last Listing description (August 2026)
Secure over 240m of commercial office space in the heart of Newcastle's CBD for just $745,000!
Positioned on the first floor of a well maintained commercial building, the property enjoys a prominent location directly opposite the University of Newcastle's NUspace campus and the Newcastle Law Courts, while being just a short walk to Civic Light Rail, Honeysuckle and the Harbour foreshore.
Comprising two separate office suites of approximately 79m and 145m, the property offers exceptional flexibility. Occupy one suite and lease the other for additional income, occupy the entire floor, or lease both suites as an investment.
The building has recently undergone upgrades, including the installation of two new lifts, enhancing accessibility and convenience for occupiers and visitors alike.
Based on comparable tenancies within the building, the property has the potential to achieve a rental return in the range of $54,000 to $60,000 per annum (plus outgoings and GST).
Whether you're looking to establish your business in Newcastle's thriving CBD or secure a well located commercial investment with future flexibility, this property represents outstanding value, with the further price reduction making this an opportunity not to be overlooked.
Property History for 1/456-460 Hunter St, Newcastle, NSW 2300
- 28 May 2026Listed for Sale PRICE REDUCED - NOW $745,000
- 18 Mar 2021Listed for Rent $17,000 / year
- 14 May 2020Sold for $580,000
Recent sales nearby
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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 5,238 properties. Over the last 5 years, Houses in Newcastle have seen a 7.11% increase in median value, while Units have seen a 27.76% increase. As at 31 July 2026:
- The median value for Houses in Newcastle is $1,771,966 while the median value for Units is $1,046,831.
- Houses have a median rent of $730 while Units have a median rent of $750.
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