275 Hunter StreetNewcastle NSW 2300
Property Details for 275 Hunter St, Newcastle
Last Listing description (February 2024)
A rarely found price point commercial investment opportunity in the heart of Newcastle CBD.
Strategically located ground floor retail / commercial space on Hunter St fronting Newcastle CBD's light rail route
Close proximity to Newcastle Harbour, Foreshore and a diverse mix of bars, cafes and attractions
Recently commenced 5 year lease term providing for $24,000 + GST gross annual income
57m*
Air conditioned
Plumbing/drainage throughout permitting diverse future use potential
For Sale: $320,000
*Approximately
Property History for 275 Hunter St, Newcastle, NSW 2300
- 15 Feb 2024Sold for $280,000
- 01 Nov 2023Listed for Sale For Sale: Contact Agent
- 05 Jun 2023Listed for Sale Not Disclosed
Recent sales nearby
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0About 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 5,232 properties. Over the last 5 years, Houses in Newcastle have seen a 15.85% increase in median value, while Units have seen a 35.82% increase. As at 30 April 2026:
- The median value for Houses in Newcastle is $1,813,018 while the median value for Units is $1,057,482.
- Houses have a median rent of $730 while Units have a median rent of $750.
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