FOR SALE
$50,000 + SAV

Contact Agent For Address
Newcastle NSW 2300

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Long Established Mini Mart Retail Shop In Prime Location

"New to the market is this long established icon (over 80 years) mini mart shop that specializes in fresh fruit and vegetables and is located in a hugely popular suburb of Newcastle.
The store is truly unique selling quality fruit and vegetables and small goods. The stores emphasis is on quality, and where possible, locally sourced/produced goods: fruit and vegetables, eggs, bread, and dairy products. Also boasts a small sandwich/wrap bar that are made to order from the fresh ingredients in store.
The business is ideally situated on the high street shopping strip of this highly density residential area, close to an array of other successful retail shops, cafes and local pubs, clubs, allowing it to capitalize on every season.
The business includes the following:
- large cool room
- great variety of products on sale
- current equipment (multiple fridges/freezers, juicers, sandwich pressers etc.) & total asset value approximately $35,000
- high degree of foot traffic passing every day
- already established & systemised business for ease of operation
- rear lane access for deliveries and car parking available
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Property Details for Contact Agent For Address, Newcastle

Building Type
Commercial

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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 5,157 properties. Over the last 5 years, Houses in Newcastle have seen a 30.38% increase in median value, while Units have seen a 34.90% increase. As at 31 December 2024:

  • The median value for Houses in Newcastle is $1,586,585 while the median value for Units is $941,146.
  • Houses have a median rent of $750 while Units have a median rent of $695.
There are currently 32 properties listed for sale, and 23 properties listed for rent in Newcastle on OnTheHouse. According to CoreLogic's data, 278 properties were sold in the past 12 months in Newcastle.

Suburb Insights for Newcastle 2300

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Contact agent
Brad Wallace
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Raine & Horne Newcastle
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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.