SOLD
Sold on 12 Jan 2024 for $4,389,000

5 Elwell Close
Beresfield NSW 2322

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2889m2
Sold By
MOVABLE - Commercial
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Property Details for 5 Elwell Cl, Beresfield

Building Type
Commercial
Land Size
2889m2
Local Government
Newcastle
Lot/Plan
104/DP1180585

Last Listing description (November 2023)

Situated in the heart of the Beresfield industrial estate this impressive facility is offered with vacant possession. Presenting a great opportunity for a company headquarters with an imposing street presence accentuated by the wide street frontage.

Constructed on the site is an impressive office complex spread over (2) levels with great natural light plus 600m2 of warehouse space which is split into two sections.

There are two entrances to the property which provides good vehicular access & maneuverability. The site is landscaped, enclosed by a chain wire security fence & accommodates (23) car parks.

Located on the Eastern side of the street near the intersection of Canavan Drive & close to the Northern roundabout in Weakley's Drive; the property offers Pacific Highway access to the North & New England Highway access to the West.

For sale by expressions of interest closing at 11am, Wednesday 13th December 2023.

Property History for 5 Elwell Cl, Beresfield, NSW 2322

A timeline of how this property has performed in the market
Last Sold
$4,389,000
12 Jan 2024
Listed for Rent
$200k/w
22 Jun 2023
  • 12 Jan 2024
    Sold for $4,389,000
  • 20 Nov 2023
    Listed for Sale Expressions of Interest
  • 18 May 2023
    Listed for Rent - Price not available
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About Beresfield 2322

The size of Beresfield is approximately 6.3 square kilometres. It has 6 parks covering nearly 8.3% of total area. The population of Beresfield in 2011 was 3,077 people. By 2016 the population was 3,180 showing a population growth of 3.3% in the area during that time. The predominant age group in Beresfield is 20-29 years. Households in Beresfield are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Beresfield work in a labourer occupation. In 2011, 73% of the homes in Beresfield were owner-occupied compared with 68% in 2016.

Beresfield has 2,233 properties. Over the last 5 years, Houses in Beresfield have seen a 87.72% increase in median value, while Units have seen a 82.49% increase. As at 31 August 2024:

  • The median value for Houses in Beresfield is $606,767 while the median value for Units is $595,995.
  • Houses have a median rent of $520 while Units have a median rent of $430.
There are currently 6 properties listed for sale, and 6 properties listed for rent in Beresfield on OnTheHouse. According to CoreLogic's data, 101 properties were sold in the past 12 months in Beresfield.

Suburb Insights for Beresfield 2322

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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.