OFF MARKET

108 Young Street
Carrington NSW 2294

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 95m2
Land area: 130m2
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Last updated 11 Nov 2024
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Property Details for 108 Young St, Carrington

108 Young St, Carrington is a 3 bedroom, 1 bathroom House. The property has a land size of 130m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Floor Size
95m2
Land Size
130m2
Local Government
Newcastle
Lot/Plan
1/DP961522

Last Listing description (September 2021)

A well-known property on Carrington's main street, this dual level terrace c.1900 has had previous lives as a barber shop, bootmaker and several small practices and recently operated as Encasa hair salon in the front two rooms of the ground floor. The property's B2 Local Neighbourhood zoning delivers both residential and commercial appeal making it highly desirable as a mixed-use premise.

Secure the entire building for your own use and run your thriving business in the large shopfront downstairs, which enjoys prominent street exposure in a bustling locale. And at day's end, put up the closed sign, lock-up and enjoy the rest of the property as your main residence. Timber floors, 3.4m ceilings, exposed brick walls, and a classic upper-level verandah offer a glimpse into the home's period soul, while wonderfully bright interiors and stylish updates to the bathroom, kitchen and delightful rear courtyard ensure it functions as a thoroughly modern home. Alternatively, you may choose to convert the property back into a beautiful home. From an investor's standpoint, there's scope to line your pockets with income should you wish to lease out the building.

There's something special about living in Carrington, named by locals as 'Carrodise' for its welcoming community, laidback lifestyle and fabulous 7-minute bike ride to the harbour, city, and beaches. Sitting on a spit on the opposite side of the Hunter River to the rest of Newcastle, 'island life' has its own unique vibe with a local gin distillery, a weekly 5km park run and a rowing club on Throsby Creek, along with a great set of local shops, cafes, and corner pubs.

Classic Victorian terrace with B2 Local Neighbourhood zoning
Formal lounge and dining rooms downstairs currently configured for use as a salon with easy scope to convert back
Modern electric-equipped kitchen with dishwasher and outlook over the rear courtyard with sink and second w/c
Stylishly renovated subway tiled bathroom with walk-in shower
Currently configured as two bedrooms upstairs with easy conversion back to a three-bedder with the erection of a stud wall
French door access to deep sheltered verandah
Footsteps to local shops, businesses, eateries, and public school
Number 24 bus at door for easy commute between Wallsend and Marketown
A rental return in the vicinity of $750 - $850pw if residentially leased as a full home, please seek the agents advise on the commercial lease aspect

Council Rates: Approx. $2,100 p.a.
Water Rates: Approx. $720.39 p.a.

(We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.)

Important COVID-19 Update:

- Open Homes and Inspections -

Under the NSW Public Health Order recently announced, open homes and auctions are no longer allowed until further notice.

Industry body REINSW has confirmed upon seeking advice from NSW Health that private inspections are allowed, however, only one real estate agent and one buyer may attend the property following the making of an appointment for that purpose.

- Safety Precautions -

A face mask must be worn at all times during any private inspection that takes place as well as social distancing and hand sanitisation.

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Property History for 108 Young St, Carrington, NSW 2294

A timeline of how this property has performed in the market
Last Sold
$1,125,000
03 Sep 2021
  • 03 Sep 2021
    Sold for $1,125,000
  • 02 Jul 2021
    Listed for Sale $1,150,000
  • 28 Jun 2008
    Listed for Sale Not Disclosed
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About 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 1,252 properties. Over the last 5 years, Houses in Carrington have seen a 55.84% increase in median value, while Units have seen a 46.17% increase. As at 31 October 2024:

  • The median value for Houses in Carrington is $1,077,228 while the median value for Units is $997,969.
  • Houses have a median rent of $650 while Units have a median rent of $675.
There are currently 10 properties listed for sale, and 6 properties listed for rent in Carrington on OnTheHouse. According to CoreLogic's data, 53 properties were sold in the past 12 months in Carrington.

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