OFF MARKET

20 Galleghan Street
Hexham NSW 2322

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 9675m2
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Property Details for 20 Galleghan St, Hexham

Building Type
Land
Land Size
9675m2
Local Government
Newcastle
Lot/Plan
11/DP1087952

Last Listing description (April 2017)

- The subject property represents a great purchasing opportunity for the discerning investor or owner occupier to take advantage of the heavy industrial zoning attributable to this site.
- The property is a heavy industrial site with a gross site area of 9,675m (approx.).
- The site is level and is accessed via Galleghan Street.

- The property benefits from Development Application approval for a concrete crushing plant.
- Currently zoned 4(b) Port and Industry, the draft zoning identifies the property as IN3 Heavy Industrial, which will add considerable upside to heavy industrial users.
- Situated at the end of Galleghan Street, Hexham just off the Old Maitland Road, the property benefits from easy access being only 15 minutes from Newcastle CBD and port facilities, 2 minutes from the Pacific Highway North, direct access to the New England Highway west and 5 minutes from the M1 Motorway south. The property also sits close to the Sandgate bypass for direct access to the western suburbs of Newcastle.
For Sale - $700,000 + GST

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Property History for 20 Galleghan St, Hexham, NSW 2322

A timeline of how this property has performed in the market
Last Sold
$770,000
25 Feb 2016
  • 25 Feb 2016
    Sold for $770,000
  • 13 May 2015
    Listed for Sale Not Disclosed
  • 30 Sep 2014
    Listed for Sale EXPRESS SALE
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About Hexham 2322

The size of Hexham is approximately 19 square kilometres. It has 8 parks covering nearly 96.3% of total area. The population of Hexham in 2011 was 181 people. By 2016 the population was 127 showing a population decline of 29.8% in the area during that time. The predominant age group in Hexham is 50-59 years. Households in Hexham are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Hexham work in a labourer occupation. In 2011, 73% of the homes in Hexham were owner-occupied compared with 63.2% in 2016.

Hexham has 183 properties. Over the last 5 years, Houses in Hexham have seen a 38.82% increase in median value, while Units have seen a -1.07% decrease. As at 30 November 2024:

  • The median value for Houses in Hexham is $506,521 while the median value for Units is $435,747.
There are currently 1 property listed for sale, and no properties listed for rent in Hexham on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Hexham.

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