4/850 Hunter StreetNewcastle West NSW 2302
Property Details for 4/850 Hunter St, Newcastle West
Last Listing description (April 2025)
Well known family run restaurant IL Volcano has decided it's time to retire after more than twenty continuous years of trading. This is an opportunity to purchase freehold a fully fitted, operational restaurant with a loyal clientele, perfect for a contemporary cafe style restaurant.
Located in a high exposure position facing Hunter Street, next to the transport interchange and Wilson Parking - The Store, allowing ample parking 24/7. Surrounded by commercial & new residential high rise developments, Newcastle West has experienced fast paced growth to become one of the city's desired hubs.
Floor space of the premises totals approximately 124m2 with an open dining area of 65m2, a private dining/meeting room with an area of 24m2, kitchen and storage. Full professional fit out includes industrial air conditioning and the kitchen comprises of stainless service areas, dual gas stoves, commercial dishwasher, fridges and freezers plus service chattels required to run a busy restaurant.
A walk-in walk out freehold opportunity not often available in such a prime location, this is located in a strata complex of seven lots including of an even mix of retail and offices.
For more information on this freehold site contact exclusive listing agent Allen Reece on 0409 814 400 or email allenreece@reecerealty.com.au
Property History for 4/850 Hunter St, Newcastle West, NSW 2302
- 08 Nov 2023Listed for Sale $1000,000 - $1,100,000
- 28 Mar 2023Listed for Rent $1,000 / week
- 28 Jul 2022Listed for Sale $1,000,000 to $1,100,000
Recent sales nearby
See more recent sales nearby/assets/perm/bqjrqwrlvqi6zdpkpxzhorttuu?signature=ae1cdf2f46ec4691924250337eb02aa0afd844eeac325bad76ee222f1ad4396d){kind=logo}
0/assets/perm/j2jrdxaeaui6vm6ixek7hgsvuy?signature=f577ed2bf3b53726f542124fb2f1fe33a5705504472c33fda0df81f0bf08e362){kind=logo}
0/assets/perm/zdhy6mbsrmi6vhf63fk4nhtbyy?signature=5ee833dc79ce05e02a5e27335454cdc9468631cdcd7b55b00a3c8523a017a4ef){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 2,015 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
Market Insights
Newcastle West Trends for Houses
N/A
N/A
View TrendN/A
N/A
Newcastle West Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
