UNDER CONTRACT
- The three storey attached terrace is strategically located amongst a number of significant developments in the precinct including The Store, Gateway and 727 HQ which will be a brand new 15,000sqm commercial office building.
- The asset is currently leased with a passing income of $62,426* per annum net (plus GST) on a new three year lease.
- The property includes multiple rooms with varying amenity options.
Ground floor has a kitchen, laundry, lounge room and an open courtyard area.
The first floor has kitchen facilities and three separate rooms
The top floor also has three rooms and a shared bathroom.
- Situated on the northern side of Hunter Street, the property is positioned within walking distance to the Honeysuckle precinct, the University of Newcastle, cycleways, cafes, restaurants, bars, shopping and public transport.
- B3 Commercial Core (under Newcastle Local Environmental Plan 2012)
For Sale - Please contact agent for more information.
*Approximate.
The size of Newcastle West is approximately 0.8 square kilometres. There are 5 parks, covering nearly 31.8% of the 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 2,104 properties. Over the last 5 years, Houses in Newcastle West have seen a 25.49% increase in median value, while Units have seen a 25.66% increase. As at 30 April 2026:
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