FOR SALE
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24 Samdon Street
Hamilton NSW 2303

Bedrooms: 25
Bathrooms: 10
Car spaces: 4
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Limited only by your imagination

A rare opportunity is now available to secure an amazing property with no parallel. The former Hamilton Nursing Home is offered for sale.
Retaining the grandeur of high ceilings, staircases and other original features the property has been renovated.
Currently operating as a boarding house accommodation facility with some twenty five rooms, over two levels.
Kitchens and multiple bathrooms on each level as well as separate living rooms and a caretakers living space.
Lift in the rear of the building (non operational) is adjacent to the car parking.
The property enjoys two street frontages and is opposite the delightful Gregson Park which is undergoing a significant transformation.
The possibilities are exciting and broad and may include upgrading the accommodation with its existing revenue stream that has more than potential upside.
Convert the property and restore it to its original glory and have the most stately of residences in a simply wonderful setting.
Or alternatively an opportunity for a home business-retreat-wellness enclave or other creative ideas.
An Information Memorandum is available on request and inspections are by appointment.

Property Details for 24 Samdon St, Hamilton

24 Samdon St, Hamilton is a 25 bedroom, 10 bathroom House with 4 parking spaces. The place is currently for sale with Street Property - Newcastle (Sales).

Building Type
House

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About Hamilton 2303

The size of Hamilton is approximately 1.5 square kilometres. It has 4 parks covering nearly 4.6% of total area. The population of Hamilton in 2011 was 4,071 people. By 2016 the population was 4,217 showing a population growth of 3.6% in the area during that time. The predominant age group in Hamilton is 20-29 years. Households in Hamilton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hamilton work in a professional occupation. In 2011, 54.2% of the homes in Hamilton were owner-occupied compared with 51.5% in 2016.

Hamilton has 2,845 properties. Over the last 5 years, Houses in Hamilton have seen a 58.05% increase in median value, while Units have seen a 31.06% increase. As at 31 October 2024:

  • The median value for Houses in Hamilton is $1,107,927 while the median value for Units is $669,957.
  • Houses have a median rent of $650 while Units have a median rent of $545.
There are currently 8 properties listed for sale, and 5 properties listed for rent in Hamilton on OnTheHouse. According to CoreLogic's data, 100 properties were sold in the past 12 months in Hamilton.

Suburb Insights for Hamilton 2303

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Andrew Walker
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Street Property - Newcastle (Sales)
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Disclaimer
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.