Highly exposed and well positioned Car Yard - Tudor Street
Highly exposed and well positioned Car Yard on the corner of Tudor and Webster Streets Hamilton, on one of Newcastle's main thoroughfares with over 45,000 vehicles passing daily. Located on a 339m2 corner lot and only 2 streets from the cosmopolitan eateries of Beaumont Street this property has outstanding potential. Whether you are looking for a highly exposed car yard or a developer/owner occupier looking to redevelop for a mixed usage multi story development of residential, commercial offices and/or retail the 3(b) District Centre zoning will accommodate (STCA).
Improvements include a metal frame steel clad awning over showroom with small office & amenities. The property is secured with a removable security fence and is predominately sealed with concrete flooring.
The size of Hamilton is approximately 1.5 square kilometres. It has 4 parks covering nearly 4.6% of total area. The population of Hamilton in 2011 was 4,071 people. By 2016 the population was 4,217 showing a population growth of 3.6% in the area during that time. The predominant age group in Hamilton is 20-29 years. Households in Hamilton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hamilton work in a professional occupation. In 2011, 54.2% of the homes in Hamilton were owner-occupied compared with 51.5% in 2016.
Hamilton has 2,846 properties. Over the last 5 years, Houses in Hamilton have seen a 58.05% increase in median value, while Units have seen a 31.06% increase. As at 31 October 2024:
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