SOLD
Sold on 20 Dec 2023 for $850,000

84 Georgetown Road
Georgetown NSW 2298

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 346m2
Improve this data
Sold By
Isaac Reville
Commercial Collective
Matt Kearney
Commercial Collective
Share
Save

Property Details for 84 Georgetown Rd, Georgetown

84 Georgetown Rd, Georgetown is a 0 bedroom, 0 bathroom House. The property has a land size of 346m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 0 bedroom House sold in Georgetown in the last 12 months.

Building Type
House
Land Size
346m2
Local Government
Newcastle
Lot/Plan
1/DP331204

Last Listing description (November 2023)

Presenting an exceptional investment opportunity, situated on a prominent main arterial road, directly opposite the bustling Waratah Village Shopping Centre. 84 Georgetown Road has a brand-new, 5-year lease with a reputable medical operator, offering investors a lucrative investment opportunity.

The property itself features 132sqm* of recently renovated, medical-grade space, ensuring a modern and attractive environment for both tenants and clients. Additionally, the property offers the advantage of side access, facilitating ample off-street parking.

Its strategic location just 2 minutes* from Waratah Train Station, 10 minutes* from the renowned Westfield Kotara, and a mere 15 minute* drive to the vibrant heart of Newcastle CBD, further solidifies its appeal as a lucrative investment opportunity.

- Returning $50,000 net per annum + GST
- 5 year lease to 2028 plus options to 2037
- Leased to Laverty Pathology
- Tenant pay 100% of outgoings
- Fixed 3% rental increases per annum
- Located 2 minutes* from Waratah Train Station, 10 minutes* from Westfield Kotara, and 15 minute* from Newcastle CBD

*Approximately

Show More

Property History for 84 Georgetown Rd, Georgetown, NSW 2298

A timeline of how this property has performed in the market
Last Sold
$850,000
20 Dec 2023
Listed for Rent
$400/w
09 Apr 2021
  • 20 Dec 2023
    Sold for $850,000
  • 11 Oct 2023
    Listed for Sale Price Guide $850,000 - $890,000
  • 18 Oct 2019
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 1,001 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 no properties listed for rent in Georgetown on OnTheHouse. According to CoreLogic's data, 32 properties were sold in the past 12 months in Georgetown.

Georgetown Profile Page

Suburb Insights for Georgetown 2298

Visit Georgetown profile page
Market Insights
Georgetown Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Georgetown Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Georgetown profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED