SOLD
Sold on 01 Aug 2023 for $1,658,200

80 Darby Street
Cooks Hill NSW 2300

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 147m2
Land area: 274m2
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Sold By
Ben King
Colliers Newcastle
Nick Christensen
Colliers Newcastle
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Property Details for 80 Darby St, Cooks Hill

Building Type
Commercial
Floor Size
147m2
Land Size
274m2
Local Government
Newcastle
Lot/Plan
3/DP741688

Last Listing description (August 2023)

Occupying a prime position in Newcastle's busiest retail, dining and entertainment precinct, the property is surrounded by boutique retail operators, cafes and restaurants, as well as commercial occupiers.

The subject property comprises a spacious, 2-storey, 263 square metre* mixed-use building, erected on a 273 square metre* block. The property is 100% leased to two tenants being Coco Mond Chocolateria on the ground floor with three years* remaining on the lease and a residential occupier upstairs in a spacious three bedroom apartment.

Both the retail and residential spaces are returning a combined net income of $91,213* per annum (plus GST).

For Sale by Public Auction | Thursday 3 August 2023 at 10:30am (AEST).
Ground Floor, 18 Honeysuckle Drive, Newcastle NSW 2300

*Approximate

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Property History for 80 Darby St, Cooks Hill, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$1,658,200
01 Aug 2023
Listed for Rent
$396/w
17 Dec 2008
  • 01 Aug 2023
    Sold for $1,658,200
  • 20 Jun 2023
    Listed for Sale Please contact agent
  • 09 Feb 2021
    Listed for Rent $550 / week
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About Cooks Hill 2300

The size of Cooks Hill is approximately 0.7 square kilometres. It has 6 parks covering nearly 6.3% of total area. The population of Cooks Hill in 2011 was 3,621 people. By 2016 the population was 3,606 showing a population decline of 0.4% in the area during that time. The predominant age group in Cooks Hill is 20-29 years. Households in Cooks Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cooks Hill work in a professional occupation. In 2011, 44% of the homes in Cooks Hill were owner-occupied compared with 41.3% in 2016.

Cooks Hill has 2,439 properties.

    There are currently 10 properties listed for sale, and 10 properties listed for rent in Cooks hill on OnTheHouse. According to CoreLogic's data, 71 properties were sold in the past 12 months in Cooks hill.

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