SOLD
Sold on 19 Mar 2024 for $2,150,000

9 Gipps Street
Carrington NSW 2294

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 100m2
Land area: 1080m2
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Property Details for 9 Gipps St, Carrington

Building Type
Commercial
Floor Size
100m2
Land Size
1080m2
Local Government
Newcastle
Lot/Plan
470/DP875009

Last Listing description (March 2017)

- Modern office and warehouse facility set up and ready to go
- Located in Carrington close to Port and only minutes to the CBD
- Refurbished two level office at front of building with reception, large training room and individual offices

- Car parking and warehouse at rear with roller door access to secure yard
- Zoned IN2 Industrial
- Site area 1,080sqm
Building areas as follows:-
- Ground Floor Office & Warehouse - 445sqm (approx.)
- First Floor Office & Store - 138sqm (approx.)
- Total - 583sqm (approx.)
- Rental - $70,000 per annum net plus outgoings plus GST
- Outgoings are payable in addition to the above rental, amounts to be confirmed. The Lessee will also be responsible
for the Lessee s own business related operating expenses.

Property History for 9 Gipps St, Carrington, NSW 2294

A timeline of how this property has performed in the market
Last Sold
$2,150,000
19 Mar 2024
Listed for Rent
$1.34k/w
07 Mar 2017
  • 19 Mar 2024
    Sold for $2,150,000
  • 08 Dec 2016
    Sold for $900,000
  • 19 Sep 2016
    Listed for Rent - Price not available
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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 1,262 properties. Over the last 5 years, Houses in Carrington have seen a 51.85% increase in median value, while Units have seen a 32.45% increase. As at 31 July 2024:

  • The median value for Houses in Carrington is $1,055,390 while the median value for Units is $925,430.
  • Houses have a median rent of $630 while Units have a median rent of $630.
There are currently 8 properties listed for sale, and 3 properties listed for rent in Carrington on OnTheHouse. According to CoreLogic's data, 55 properties were sold in the past 12 months in Carrington.

Suburb Insights for Carrington 2294

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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.