FOR SALE
Expression of Interest

70-78 Oxford Street
Gateshead NSW 2290

Bedrooms: -
Bathrooms: -
Car spaces: 18
Floor area: 853m2
Land area: 727m2
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Multi Tenanted investment opportunity with upside

Located in the heart of Gateshead, this retail/residential property at 70-78 Oxford Street offers a fantastic opportunity for investors and business owners. With a generous land area of 727 sqm and a total building areas of 853 sqm, there is plenty of space to showcase products and services together with additional residential income.
The unique property is currently set up with 5 retail/commercial tenancies plus four residential flats, all on one title. The possibilities are endless with this versatile space, improve the income streams to full occupancy and market to maximise your returns then set and forget. Approximate current income of $121,500. p.a.. Offered for sale by Expressions of Interest, don't miss out on this rare low cost investment opportunity.
Expressions close Tuesday October 29 @ 4.30 pm.
Inspections by appointment.
Contact me today for more information on this rare mixed use investment. Don't wait, schedule a viewing today and see the potential this property has to offer.
Disclaimer: The information contained in this advertisement is obtained from sources we believe to be reliable, however, we cannot guarantee its accuracy and completeness. We accept no responsibility and disclaim all liability in respect of any errors, inaccuracies, or misstatements contained herein. Interested parties should make their own inquiries to verify the information contained in this advertisement. The information provided in this advertisement is intended to act as a messenger only in passing on details. Any personal information provided to us during the course of the campaign will be kept on our database for follow-up and to market other opportunities, unless instructed in writing to the contrary.

Property Details for 70-78 Oxford St, Gateshead

Building Type
Commercial
Floor Size
853m2
Land Size
727m2

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About Gateshead 2290

The size of Gateshead is approximately 2.8 square kilometres. It has 10 parks covering nearly 20% of total area. The population of Gateshead in 2011 was 3,574 people. By 2016 the population was 3,135 showing a population decline of 12.3% in the area during that time. The predominant age group in Gateshead is 20-29 years. Households in Gateshead are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gateshead work in a labourer occupation. In 2011, 55.4% of the homes in Gateshead were owner-occupied compared with 53.1% in 2016.

Gateshead has 1,673 properties. Over the last 5 years, Houses in Gateshead have seen a 66.63% increase in median value, while Units have seen a 61.94% increase. As at 30 September 2024:

  • The median value for Houses in Gateshead is $828,590 while the median value for Units is $749,228.
  • Houses have a median rent of $563 while Units have a median rent of $300.
There are currently 6 properties listed for sale, and 5 properties listed for rent in Gateshead on OnTheHouse. According to CoreLogic's data, 116 properties were sold in the past 12 months in Gateshead.

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Contact agent
Daryl Johnson
Raine & Horne Commercial New Castle
Preferred contact:
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