83 Darby StreetCooks Hill NSW 2300
Property Details for 83 Darby St, Cooks Hill
83 Darby St, Cooks Hill is a 12 bedroom, 8 bathroom Unit. The property has a land size of 152m2.
Last Listing description (January 2022)
Comprising a five lot strata development, built approximately 15 years ago, the property is prominently located in one of Newcastle's best known lifestyle precincts, surrounded by some of the city's best cafes, restaurants, bars and retailers.
The building boasts a modern ground floor retail shop currently leased to Boho Luxe Trader who specialise in unique fashion, jewellery and lifestyle items. Level 1 and 2 feature four x 3 bedroom apartments in almost identical configuration.
The property provides an excellent investment opportunity in a highly sought after inner-city location boasting the following features:
- Combined residential income of $103,480
- Ground floor retail income of $43,500
- Strata area of 579sqm*
- Rear lane access
- Zoned B4 Mixed Use
The property is being offered For Sale by Public Auction on Thursday 9 September 2021 at 10:30am.
Auction Venue: Ground Floor, 18 Honeysuckle Drive, Newcastle NSW 2300.
*Approximate.
Property History for 83 Darby St, Cooks Hill, NSW 2300
- 06 Aug 2021Listed for Sale Please contact agent
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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 2,438 properties. Over the last 5 years, Houses in Cooks Hill have seen a 49.52% increase in median value, while Units have seen a 27.38% increase. As at 31 October 2024:
- The median value for Houses in Cooks Hill is $1,593,624 while the median value for Units is $781,042.
- Houses have a median rent of $700 while Units have a median rent of $600.
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