2/294-296 Newcastle StreetPerth WA 6000
Property Details for 2/294-296 Newcastle St, Perth
2/294-296 Newcastle St, Perth is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 111m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
Last Listing description (April 2023)
Kong Wai Wong with Mark Hay Realty Group has the pleasure in presenting for sale an awesome long term leased retail property at Perth CBD neighbouring the Perth cultural hot spot of Northbridge. This commercial investment property offers a smart investor a solid return for 5 years with a further option of 5 more years.Property facts:- 99m2 of commercial shop + 12m2 courtyard- 2 exclusive use secured carbays 8am - 6pm business days- Leased to a well established and beautifully fitted out Hair Studio- Rental return of $24,600 per annum + GST + Outgoings- Leased for 5 years commenced 1st August 2022- Option for further 5 years commencing 1st August 2027- 3 months rental plus outgoings Bond- Annual Review 3.5%For sale by Expressions of Interest.Contact Exclusive Selling Agent Kong Wai Wong 0477 333 450 to secure this blue chip commercial investment property.
Property History for 2/294-296 Newcastle St, Perth, WA 6000
- 18 Jan 2023Sold for $405,000
- 30 Jun 2022Listed for Sale Expressions of Interest
- 30 Apr 2021Sold for $341,000
Recent sales nearby
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0About Perth 6000
The size of Perth is approximately 4.6 square kilometres. It has 21 parks covering nearly 18.1% of total area. The population of Perth in 2016 was 11425 people. By 2021 the population was 13670 showing a population growth of 19.6% in the area during that time. The predominant age group in Perth is 20-29 years. Households in Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Perth work in a professional occupation.In 2021, 32.50% of the homes in Perth were owner-occupied compared with 35.10% in 2016.
Perth has 12,098 properties. Over the last 5 years, Houses in Perth have seen a 58.68% increase in median value, while Units have seen a 53.17% increase. As at 30 November 2025:
- The median value for Houses in Perth is $1,306,398 while the median value for Units is $603,973.
- Houses have a median rent of $850 while Units have a median rent of $725.
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