SOLD
Sold on 17 Jul 2024 for $655,000

5/9 Arnhem Close
Gateshead NSW 2290

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 210m2
Land area: 4771m2
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Property Details for 5/9 Arnhem Cl, Gateshead

Building Type
Land
Floor Size
210m2
Land Size
4771m2
Local Government
Lake Macquarie
Lot/Plan
5/SP79323

Last Listing description (June 2022)

Located in the tightly held Gateshead Industrial Precinct, situated close to the new Bennetts Green Homemakers Centre and other quality business such as Charlestown Toyota, Harvey Norman and Bunnings Warehouse.
The unit features an open plan office area with the benefits of bathroom/shower and kitchen amenities, clear span warehouse/workshop together with your own accessible hard stand yard area (approx. 120m2).
With the Pacific Hwy and Newcastle By-Pass only minutes away, access to the secure site is quick and easy. Onsite parking is made simple with allocated spaces, with the development also providing adequate room for heavy vehicle egress.

Given the proximity to major car dealers the unit is perfectly suited for any motor trade associated use, or other light industrial based business such as trades depot or storage and distribution warehouse.
Contact our office to find out more.

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Property History for 5/9 Arnhem Cl, Gateshead, NSW 2290

A timeline of how this property has performed in the market
Last Sold
$655,000
17 Jul 2024
Listed for Rent
$537/w
01 Jun 2022
  • 17 Jul 2024
    Sold for $655,000
  • 02 May 2022
    Listed for Rent $28,000 / year
  • 08 Apr 2019
    Listed for Rent - Price not available
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About Gateshead 2290

The size of Gateshead is approximately 2.8 square kilometres. It has 10 parks covering nearly 20% of total area. The population of Gateshead in 2011 was 3,574 people. By 2016 the population was 3,135 showing a population decline of 12.3% in the area during that time. The predominant age group in Gateshead is 20-29 years. Households in Gateshead are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gateshead work in a labourer occupation. In 2011, 55.4% of the homes in Gateshead were owner-occupied compared with 53.1% in 2016.

Gateshead has 1,677 properties. Over the last 5 years, Houses in Gateshead have seen a 64.91% increase in median value, while Units have seen a 55.14% increase. As at 30 November 2024:

  • The median value for Houses in Gateshead is $837,278 while the median value for Units is $702,332.
  • Houses have a median rent of $570 while Units have a median rent of $300.
There are currently 3 properties listed for sale, and 1 property listed for rent in Gateshead on OnTheHouse. According to CoreLogic's data, 117 properties were sold in the past 12 months in Gateshead.

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