OFF MARKET

84 Bull Street
Cooks Hill NSW 2300

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 90m2
Land area: 115m2
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Property Details for 84 Bull St, Cooks Hill

84 Bull St, Cooks Hill is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 115m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Year Built
1990
Floor Size
90m2
Land Size
115m2
Local Government
Newcastle
Lot/Plan
756/DP740140

Last Listing description (July 2022)

Two-Storey Brick Terrace with Shopfront and Residence

Holding a prominent Cooks Hill location, this sought after but rarely found shop top premises, in a blue ribbon position, is a rare and lucrative opportunity for a savvy investor to take over two tenancies. Downstairs is leased to the iconic Welsh Blacks Cafe, a hugely popular gathering hub for locals and visitors alike, while upstairs is a freshly presented residential apartment and includes two bedrooms, an eat-in kitchen, air-conditioned living room and courtyard. Rounding out the property are two lock-up garages accessed via a laneway off Corlette Street - a hard-to-find and highly prized commodity in this heritage suburb.

* Prominent location in the beating heart of tightly held Cooks Hill.

* Downstairs shopfront leased to popular Welsh Blacks Cafe.
* Upstairs two-bedroom residential apartment, with private courtyard.
* Apartment boasts a modern eat-in kitchen, lounge & fully tiled bathroom.
* Two secure tenancies with a total gross income of $48,650 per annum.
* Contact agent for a summary of income and outgoings.
* A premium opportunity for a savvy investor.

Council Rates: $5,190 PA approx
Water Rates: $1,681 PA approx
Rental Potential: $48,560 PA approx

Property History for 84 Bull St, Cooks Hill, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$1,350,000
16 May 2022
Listed for Rent
$800/w
19 Jun 2014
  • 16 May 2022
    Sold for $1,350,000
  • 06 Apr 2022
    Listed for Sale Contact Agent
  • 19 Jun 2014
    Listed for Rent $800 / 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 2,438 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.
There are currently 9 properties listed for sale, and 4 properties listed for rent in Cooks hill on OnTheHouse. According to CoreLogic's data, 73 properties were sold in the past 12 months in Cooks hill.

Suburb Insights for Cooks Hill 2300

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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.