5/122 Hunter Street, Newcastle, NSW 2300 | Property Value & History | OnTheHouse
OFF MARKET

5/122 Hunter Street
Newcastle NSW 2300

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 50m2
Land area: 77m2
We do not have enough data to display the calculated estimate for this property.
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Property Details for 5/122 Hunter St, Newcastle

Building Type
Commercial
Year Built
1930
Floor Size
50m2
Land Size
77m2
Local Government
Newcastle
Lot/Plan
23/SP90652

Last Listing description (February 2022)

- The property is ideally positioned on the north-eastern side of Hunter Street, strategically situated at the doorstep of Iris Capital's mixed-use redevelopment with Stage 1 well underway. Immediately surrounding the subject property is a dense mix of cafes, bars and restaurants as well as many well known retail outlets, essential services, banks, post office, public transport and parking.

- With a wide glazed shopfront and double doors to enter, the property also includes an existing fit out suitable for a range of serviced based businesses. A large reception and waiting area forms part of the fitout as well as three consulting rooms/offices, storage, admin space, a kitchen and bathrooms.

- Lettable area 173sqm*

- For Sale by Expressions of Interest.

- Rental - $39,000 per annum net (plus GST)

- Outgoings are payable in addition to the above rental, amounts to be confirmed. The Lessee will also be responsible for the Lessee's own business related operating expenses including, but not limited to, electricity, water usage, insurance, internal cleaning, telephones, air conditioning maintenance, etc.

*Approximate.

Property History for 5/122 Hunter St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$870,000
08 Dec 2014
Listed for Rent
23 Jan 2020
  • 01 May 2020
    Listed for Sale Please contact agent
  • 24 Jul 2019
    Listed for Rent - Price not available
  • 08 Dec 2014
    Sold for $870,000
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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 5,231 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.
There are currently 36 properties listed for sale, and 23 properties listed for rent in Newcastle on OnTheHouse. According to Cotality's data, 229 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.