10-16 Kenrick StreetThe Junction NSW 2291
Property Details for 10-16 Kenrick St, The Junction
Last Listing description (July 2026)
Positioned within the tightly held Junction Village Shopping Centre, this well presented strata shop offers a secure and low maintenance investment in one of Newcastles most sought after suburban commercial precincts.
Surrounded by a strong mix of established retailers, cafes and service providers, the property benefits from consistent foot traffic and excellent exposure within the centre.
The premises is leased to well known local operator The Hunter's Pantry on a 3+3 year lease, currently returning approximately $47,686 net pa.
The property has been recently upgraded with brand new air conditioning, new carpet and a refreshed shopfront.
Ample on-site parking for customers, combined with strong passing traffic, further enhances the long term strength of this asset.
An outstanding opportunity for investors seeking secure income today with the benefit of future rental upside.
Property History for 10-16 Kenrick St, The Junction, NSW 2291
- 25 Jun 2026Sold
- 10 Jun 2026Listed for Sale 1000000.0000
- 13 Dec 2023Listed for Rent - Price not available
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About The Junction 2291
The size of The Junction is approximately 0.3 square kilometres. There is 1 park, covering nearly 4.4% of the total area. The population of The Junction in 2016 was 1052 people. By 2021 the population was 994 showing a population decline of 5.5% in the area during that time. The predominant age group in The Junction is 20-29 years. Households in The Junction are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in The Junction work in a professional occupation.In 2021, 66.20% of the homes in The Junction were owner-occupied compared with 57.90% in 2016.
The Junction has 731 properties. Over the last 5 years, Houses in The Junction have seen a 17.28% increase in median value, while Units have seen a 26.58% increase. As at 31 July 2026:
- The median value for Houses in The Junction is $2,039,329 while the median value for Units is $990,391.
- Houses have a median rent of $795 while Units have a median rent of $650.
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