89 Darby StreetCooks Hill NSW 2300
Property Details for 89 Darby St, Cooks Hill
Last Listing description (August 2023)
The property is located within the heart of Newcastle's most popular leisure and dining strip of Darby Street, benefitting from many surrounding conveniences including restaurants, cafes and pubs, as well as immediate proximity to the revitalised CBD of Newcastle. This space is perfect for retail entrepreneurs, professional offices, and consulting practices. Its flexibility and adaptability make it ideal for various business needs.
Internally the tenancy comprises renovated accommodation including generous reception and waiting area, four consulting rooms / offices including sinks, large open plan administration area overlooking Darby Street, as well as staff kitchenette and breakout area. The premises also has access to shared amenities and internal access to a single off-street car park which is accessed via a rear lane.
For Lease: $35,000 per annum net (plus GST)
*Approximate
Property History for 89 Darby St, Cooks Hill, NSW 2300
- 08 Apr 2024Sold for $1,300,000
- 14 Jun 2023Listed for Rent $333 / year
- 10 Sep 2020Listed for Rent $317 / year
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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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