FOR SALE
$99,000 plus stock

162 Darby Street
Cooks Hill NSW 2300

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Bathrooms: -
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Two Well Known Newcastle Cafes Selling For Equipment & Fit Out Value

Raine & Horne Commercial Newcastle have been appointed the listing agents For Core Espresso Newcastle. This unique offering is two (2) trendy, well known coffee shops under the one trading name that are currently operating in 2 prime locations in Newcastle's popular CBD and entertainment precincts. Both have a modern/stylish fit out including quality plant and equipment and both cafés exude a very intimate/warm vibe.
The owner does not currently work in either café and runs them under management. Being fully operated by staff this presents a perfect opportunity for an owner/operator to walk into a established business at an affordable price.
The cafe trading name is highly regarded in the Newcastle area and has a large base of loyal clientele.
Represents great value and is must inspect!

Property Details for 162 Darby St, Cooks Hill

Building Type
Commercial

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About Cooks Hill 2300

The size of Cooks Hill is approximately 0.7 square kilometres. It has 6 parks covering nearly 6.3% of total area. The population of Cooks Hill in 2011 was 3,621 people. By 2016 the population was 3,606 showing a population decline of 0.4% in the area during that time. The predominant age group in Cooks Hill is 20-29 years. Households in Cooks Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cooks Hill work in a professional occupation. In 2011, 44% of the homes in Cooks Hill were owner-occupied compared with 41.3% in 2016.

Cooks Hill has 2,483 properties. Over the last 5 years, Houses in Cooks Hill have seen a 51.02% increase in median value, while Units have seen a 24.80% increase. As at 30 November 2024:

  • The median value for Houses in Cooks Hill is $1,583,232 while the median value for Units is $761,242.
  • Houses have a median rent of $700 while Units have a median rent of $600.
There are currently 12 properties listed for sale, and 10 properties listed for rent in Cooks hill on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Cooks hill.

Suburb Insights for Cooks Hill 2300

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Brad Wallace
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Raine & Horne Commercial New Castle
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.