12 Pacific StreetNewcastle NSW 2300
Property Details for 12 Pacific St, Newcastle
Last Listing description (May 2023)
This space is perfectly set up for hospitality use as was previously was a popular Newcastle takeaway shop.
Fully equipped commercial kitchen with cool room. Street dining is subject to council approval. The area has been previously approved for the last commercial tenancy. The property also features rear lane access.
The premises is located in the popular suburban commercial centre of Newcastle CBD and moments from Newcastle Beach and exhibits quality foot traffic across the week which is important for any budding business.
Note: Not all equipment within marketing photos to be included. Equipment can be purchased or form part of a lease. The owner takes no responsibility for the working order of the equipment.
Newcastle Council Rates: $6, 521.46 p.a
Hunter Water: $1,021.56 p.a plus water and sewer usage
Insurance: $5,880.00 p.a (approx)
Fire Protection Maintenance: $502.70 p.a
Total Outgoings Estimate: $13,925.72 p.a + GST
Lessee Outgoings: $6,962.86 + GST = 50% of above
Property History for 12 Pacific St, Newcastle, NSW 2300
- 07 Apr 2025Sold for $1,225,000
- 01 May 2023Listed for Rent - Price not available
- 10 Feb 2021Listed for Rent $33,800 / year
Recent sales nearby
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About Newcastle 2300
The size of Newcastle is approximately 4.9 square kilometres. It has 25 parks covering nearly 10.5% of 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 5,178 properties. Over the last 5 years, Houses in Newcastle have seen a 29.97% increase in median value, while Units have seen a 40.82% increase. As at 31 October 2025:
- The median value for Houses in Newcastle is $1,737,396 while the median value for Units is $1,004,031.
- Houses have a median rent of $773 while Units have a median rent of $700.
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