107 Young StreetCarrington NSW 2294
Property Details for 107 Young St, Carrington
107 Young St, Carrington is a 0 bedroom, 0 bathroom House with 8 parking spaces. The property has a land size of 367m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 0 bedroom House sold in Carrington in the last 12 months.
Last Listing description (September 2023)
This rare opportunity to acquire a Freehold mixed-use opportunity on vibrant Young Street, Carrington with development upside. Perfectly located in the buzzing Young Street precinct across the road from The Young Street Hotel and only a short stroll to Newcastle's entertainment precinct, this high-quality commercial retail space plus a spacious three-bedroom attached home has it all. Both the retail and the residential spaces have separate entry + Parking for up to eight cars out front, carport attached to the residence and internal access between properties if needed.
This quality property currently has a long term tenancy in place netting approximately $34,704 per annum with fixed annual increases, making it the perfect opportunity for owner-occupiers and investors alike.
The modern attached home boasts 3 large bedrooms, modern dining and living areas and a refurbished kitchen overlooking the large fully fenced backyard. The retail space operates as a SPAR Supermarket, and attracts many locals and visitors, being the only general store in the area. The shop is in excellent condition and has been meticulously maintained.
X-Factors Floor space: 196 sqm approx. 8 Parking Spaces Lease 5 years since November 2019 Zoning: Development Zone Municipality: Newcastle Council Large modern 3 bedroom home High ceilings, timber floors, kitchen & bathroom High quality retail space Premium location and street exposure Minutes to The Marina and Newcastle Interchange
Property History for 107 Young St, Carrington, NSW 2294
- 30 Jan 2024Sold for $1,200,000
- 25 Sep 2023Listed for Sale Contact Agent
- 20 Apr 1994Sold for $220,000
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0About Carrington 2294
The size of Carrington is approximately 2.1 square kilometres. It has 11 parks covering nearly 6.3% of total area. The population of Carrington in 2011 was 1,877 people. By 2016 the population was 1,953 showing a population growth of 4.0% in the area during that time. The predominant age group in Carrington is 20-29 years. Households in Carrington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carrington work in a professional occupation. In 2011, 50% of the homes in Carrington were owner-occupied compared with 50.2% in 2016.
Carrington has 1,262 properties.
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