20 Denison StreetNewcastle West NSW 2302
Property Details for 20 Denison St, Newcastle West
Last Listing description (May 2023)
CBRE & Commercial Collective are pleased to present 20 Denison Street, Newcastle West to the market. The property presents a rare opportunity to acquire a DA Approved mixed use residential development in Newcastle's city fringe in proximity to Newcastle's waterfront precinct and Interchange.
20 Denison Street, Newcastle West benefits from the following key features:
-DA Approval for 78 luxury apartments with 235sqm* of retail area and 97 parking spaces
-Approved GFA of 7,487sqm*
-Excellent mix of 9 x 1-bed, 62 x 2-bed, 6 x 3-bed and 1 x 4-bed
-Well presented architecturally designed building with sweeping views of Newcastle harbour and local beaches
-Substantial 1,636sqm* site with flexible B4 Mixed Use zoning
-Positioned 350m* from Newcastle Interchange and within close proximity to Newcastle Waterfront precinct home to cafes, restaurants, hotels and the marina
-Low vacancy residential market with an undersupply of quality apartment stock, facing significant rental growth
20 Denison Street, Newcastle West will be sold via Expressions of Interest campaign closing on Thursday 11th May 2023 at 4:00pm
For more information or to request access to the due diligence room, please contact the sales agents.
Property History for 20 Denison St, Newcastle West, NSW 2302
- 22 Nov 2024Sold for $6,930,000
- 04 May 2023Sold for $8,910,000
- 07 Sep 2021Sold for $7,000,000
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About Newcastle West 2302
The size of Newcastle West is approximately 0.8 square kilometres. It has 5 parks covering nearly 31.8% of total area. The population of Newcastle West in 2016 was 618 people. By 2021 the population was 1453 showing a population growth of 135.1% in the area during that time. The predominant age group in Newcastle West is 20-29 years. Households in Newcastle West are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newcastle West work in a professional occupation.In 2021, 41.70% of the homes in Newcastle West were owner-occupied compared with 35.90% in 2016.
Newcastle West has 2,013 properties. Over the last 5 years, Houses in Newcastle West have seen a 40.78% increase in median value, while Units have seen a 35.62% increase. As at 31 January 2026:
- The median value for Houses in Newcastle West is $1,419,966 while the median value for Units is $841,671.
- Houses have a median rent of $548 while Units have a median rent of $685.
Suburb Insights for Newcastle West 2302
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