OFF MARKET

41 Georgetown Road
Georgetown NSW 2298

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 135m2
Land area: 525m2
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Property Details for 41 Georgetown Rd, Georgetown

Building Type
Commercial
Floor Size
135m2
Land Size
525m2
Local Government
Newcastle
Lot/Plan
1/DP91039

Last Listing description (April 2020)

- Erected on the site is a prime retail opportunity strategically positioned on a busy main road providing a popular destination for locals.

- The building provides prominent features which support ample signage exposure, including a raised element on the roof to attract great attention. Plenty of on-site customer and staff parking is provided along with a large frontage.


- The internal space is currently set up for a food business with services such as a grease trap, exhaust system and cool rooms already in place. The property benefits from gas connection and air-conditioning and both male and female amenities.

- Rental - $36,000 per annum net plus GST

- Outgoings are payable in addition to the abovementioned rental, amounts to be confirmed. The Lessee will also be responsible for the Lessees own business related operating expenses including, but not limited to, electricity, water usage, telephones, insurance, internal cleaning etc.

Property History for 41 Georgetown Rd, Georgetown, NSW 2298

A timeline of how this property has performed in the market
Last Sold
$445,000
24 Apr 2009
Listed for Rent
16 Sep 2019
  • 17 Apr 2020
    Listed for Rent - Price not available
  • 08 Aug 2019
    Listed for Rent - Price not available
  • 23 May 2019
    Listed for Rent - Price not available
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About Georgetown 2298

The size of Georgetown is approximately 0.5 square kilometres. It has 1 park covering nearly 1.1% of total area. The population of Georgetown in 2011 was 2,005 people. By 2016 the population was 1,967 showing a population decline of 1.9% in the area during that time. The predominant age group in Georgetown is 20-29 years. Households in Georgetown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Georgetown work in a professional occupation. In 2011, 68.4% of the homes in Georgetown were owner-occupied compared with 68.6% in 2016.

Georgetown has 999 properties. Over the last 5 years, Houses in Georgetown have seen a 62.18% increase in median value, while Units have seen a 52.25% increase. As at 31 October 2024:

  • The median value for Houses in Georgetown is $898,542 while the median value for Units is $616,117.
  • Houses have a median rent of $650 while Units have a median rent of $510.
There are currently 1 property listed for sale, and 1 property listed for rent in Georgetown on OnTheHouse. According to CoreLogic's data, 31 properties were sold in the past 12 months in Georgetown.

Suburb Insights for Georgetown 2298

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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.