58-60 Hunter StreetNewcastle NSW 2300
Property Details for 58-60 Hunter St, Newcastle
Last Listing description (July 2019)
58-60 Hunter Street, Newcastle comprises a mixed-use asset located in the heart of Newcastle's thriving East End.The property occupies a prominent position on the eastern end of Hunter Street benefiting from surrounding CBD amenity including business, legal, education and leisure precincts.
The building comprises a ground floor commercial suite with two x two bedroom residential apartments on the first floor. The asset offers the opportunity to occupy or invest.
- Total building area 360 sqm*
- One residential unit leased to June 2020 with annual income of $18,720
- Zoned B4 Mixed Use
- 240 metres* from Newcastle Beach and 180 metres* from light rail stop
For Sale Sale by Public Auction
11:00am Wednesday 17 July 2019
Property History for 58-60 Hunter St, Newcastle, NSW 2300
- 17 Jul 2019Sold for $1,500,000
- 13 Jun 2019Listed for Sale Not Disclosed
- 17 Aug 2018Listed for Rent $31,459 / year
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 5,226 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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