FOR SALE
$170000

277 Hunter Street
Newcastle NSW 2300

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 18m2
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Entry level investment opportunity in CBD

Phone enquiry code for this property : 3827
Great CBD commercial space suitable for investment or business space either office or consulting room..
Zoned 4B Mixed Use
Central Hunter Street location in the heart of Newcastle CBD, with a diverse mix of retail outlets, bars, cafes, with great foot traffic. Dual access from King Street and Hunter Street. First floor walk up office space.
Close to Newcastle Law Courts, Newcastle University campus, Honeysuckle precinct and the Harbour Car Park Station. Public transport is also easily accessible. Perfect for consulting rooms or office.
The building is in stylish art deco style, with high ceilings, polished timber floors, plenty of natural light and full renovated amenities, which include a shower.
The room is 17.5m2, has a sink and air conditioning. The building has recently been repainted, re-carpeted, the amenities have been renovated and the roof replaced.
Currently leased for $8800pa
Rates approx. $1400 pa.
Strata Fees approx. $700 pa
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Property Details for 277 Hunter St, Newcastle

Building Type
Commercial
Floor Size
18m2

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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 5,100 properties. Over the last 5 years, Houses in Newcastle have seen a 57.34% increase in median value, while Units have seen a 40.93% increase. As at 31 August 2024:

  • The median value for Houses in Newcastle is $1,884,487 while the median value for Units is $939,602.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 34 properties listed for sale, and 10 properties listed for rent in Newcastle on OnTheHouse. According to CoreLogic's data, 288 properties were sold in the past 12 months in Newcastle.

Suburb Insights for Newcastle 2300

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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.