FOR SALE
Price Guide $495,000

17/19 Bolton Street
Newcastle NSW 2300

Bedrooms: -
Bathrooms: -
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Floor area: 82m2
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Invest in Excellence, Premier Newcastle Office Space

Nestled on the fourth floor of a prominent office building, this commercial suite is a true gem, boasting an enviable position surrounded by the city's iconic attractions and a lively mix of residential, commercial, retail, hotel, and hospitality venues.
This is a golden opportunity for savvy investors and SMSFs to secure a standout CBD property, already graced with an international tenant.
Step into 82sqm of open-plan office space, featuring ducted air conditioning, lift access, and shared amenities, all designed for modern convenience and comfort. With a current lease until June 30, 2025, you can enjoy steady income with rent set at $2,456.59 + GST per month.
Here's a snapshot of the outgoings payable by owner:
- Strata Levies: Approx. $5,350 PA
- Land Rates: Approx. $1,550 PA
- Water Rates: Approx. $1,100 PA
Strategic Location:
- 400m from the Pacific Park tram stop
- 500m from the stunning Newcastle Beach
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Property Details for 17/19 Bolton St, Newcastle

Building Type
Commercial
Floor Size
82m2

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About Newcastle 2300

The size of Newcastle is approximately 4.9 square kilometres. It has 25 parks covering nearly 10.5% of total area. The population of Newcastle in 2011 was 2,384 people. By 2016 the population was 2,752 showing a population growth of 15.4% in the area during that time. The predominant age group in Newcastle is 20-29 years. Households in Newcastle are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newcastle work in a professional occupation. In 2011, 44.1% of the homes in Newcastle were owner-occupied compared with 45.7% in 2016.

Newcastle has 5,034 properties. Over the last 5 years, Houses in Newcastle have seen a 39.10% increase in median value, while Units have seen a 38.65% increase. As at 30 September 2024:

  • The median value for Houses in Newcastle is $1,716,598 while the median value for Units is $930,146.
  • Houses have a median rent of $750 while Units have a median rent of $660.
There are currently 37 properties listed for sale, and 15 properties listed for rent in Newcastle on OnTheHouse. According to CoreLogic's data, 264 properties were sold in the past 12 months in Newcastle.

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Leah Avery
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Charlotte Nelmes
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