Positioned in the heart of the East End of Newcastle, this property offers an excellent opportunity to capitalise on a blue ribbon location and all of the CBD amenity. Occupying a position on the southern side of Hunter Street, approximately 400 metres from Newcastle Beach, the property benefits from unrivalled lifestyle amenity positioned within walking distance to Newcastles beaches, the foreshore, cycleways and cafs.
Offered for the first time on 19 years, the property comprises a ground floor strata suite within a mixed-use five storey commercial building. The suite benefits from excellent shop front exposure to Hunter Street offering the opportunity to capitalise on passing foot traffic.
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 5,227 properties. Over the last 5 years, Houses in Newcastle have seen a 11.21% increase in median value, while Units have seen a 37.90% increase. As at 31 March 2026:
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