20/71 Scott Street, Newcastle, NSW 2300 | Property Value & History | OnTheHouse
OFF MARKET

20/71 Scott Street
Newcastle NSW 2300

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 850m2
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Property Details for 20/71 Scott St, Newcastle

20/71 Scott St, Newcastle is a 0 bedroom, 0 bathroom Unit and was built in 2000. The property has a land size of 850m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
2000
Land Size
850m2
Local Government
Newcastle
Lot/Plan
20/SP62003

Last Listing description (July 2021)

Lot 20/71 Scott Street, Newcastle offers the opportunity to acquire a boutique office and separate storeroom in a prime CBD location in Newcastle's East End, within the Newport Apartment building.

Located on the ground floor. The commercial suite has potential for multi uses. Excellent natural light and exposure to the street. The storeroom is large and has services connected. Will suit both owner occupier or investor buyers.

Location

Located with a Pacific Street frontage, right in the heart of Newcastle East, on corner with Pacific and Scott Streets. 100m to Newcastle Beach Light Rail Station, 200m to Newcastle Beach, 400m to Hunter St Mall,and 1.5KM to Newcastle University City.

Summary
Commercial office suite;
East facing street frontage to Pacific Street
Office area 29 sqm approx
Slightly elevated off the street level
Large glass shop front
Separated internally into two work spaces
With own amenities
Front and Rear Entry
and
Separate - Storeroom:
Spacious storeroom with power and water
Built in shelving provided
Entry off car parking area
Storeroom 10 sqm approx

Tenancy
The property is presently vacant. We estimate a gross rental in $12,000 pa plus GST (approx).

GST:
Being sold as a Taxable Supply for GST purposes. Taxable supply has been broadly defined and means any supply of goods or services or both which, is leviable to tax under the Act. Please discuss the GST registration requirements with your accountant.

Zoning B4 - Mixed Use

Total Area : 39 sqm on Title approx

Outgoings
Council Rates $1,380 pa approx
Water Rates $ 700 pa approx
Strata Levies $ 589 pa approx

Auction Details
(If not sold before)
Date - Saturday 17th July 2021 - 2.15 PM
Venue - On Site

A Property Information Memorandum is available

Inspection by appointment or at open times.
NOTE : Inspections - access is via Pacific Street only

Property History for 20/71 Scott St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$420,000
05 Dec 2022
  • 05 Dec 2022
    Sold for $420,000
  • 02 Jul 2021
    Sold for $445,500
  • 08 Jun 2021
    Listed for Sale Auction on Site 17 July
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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 5,212 properties. Over the last 5 years, Houses in Newcastle have seen a 24.61% increase in median value, while Units have seen a 44.05% increase. As at 31 January 2026:

  • The median value for Houses in Newcastle is $1,707,694 while the median value for Units is $1,058,221.
  • Houses have a median rent of $830 while Units have a median rent of $700.
There are currently 31 properties listed for sale, and 8 properties listed for rent in Newcastle on OnTheHouse. According to Cotality's data, 246 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.