OFF MARKET

46 Maitland Road
Islington NSW 2296

Bedrooms: -
Bathrooms: -
Car spaces: 56
Floor area: 500m2
Land area: 516m2
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Last updated 11 Nov 2024
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Property Details for 46 Maitland Rd, Islington

46 Maitland Rd, Islington is a 0 bedroom, 0 bathroom Unit with 56 parking spaces. The property has a land size of 516m2 and floor size of 500m2. While the property is not currently for sale or for rent, it was last sold in August 2018.

Building Type
Unit
Floor Size
500m2
Land Size
516m2
Local Government
Newcastle
Lot/Plan
1/DP986600

Last Listing description (February 2022)

With Newcastle's remarkable urban renewal seeing residential apartment projects selling out off-the-plan in almost-unprecedented numbers, 46-48 Maitland Road Islington represents an exceptional opportunity for builders and developers to secure this blue-chip corner site.

Aimed at the growing demand for apartment living near the city, plans for 54 apartments over five levels are currently with Newcastle City Council awaiting approval.

Within a sought-after urban setting with everything the city has to offer minutes away, the site is just 250m from Hamilton Station and encircled by the eclectic lifestyle and entertainment options of Newcastle's inner city, from vibrant Beaumont Street's quirky cafs, bars and culinary aromas to the unique mix of boutique, homeware and antique stores that Hamilton and Islington are renowned for.

* Total land size of 2075sqm with frontages to Maitland Road, Ivy Street and Fern St. Over 6 lots
* Advanced plans designed by ELK are awaiting approval by NCC
* Just 2.5km from the University of Newcastle city campus and a 10-minute drive to Callaghan campus with transport at door to each
* The Throsby Creek and Newcastle Foreshore Cycle Track less than 1km away

Expressions of interest Closed on the 15th of November at 3 pm

On behalf of the vendors and the entire team at Castle Property, I am very excited to introduce to you this outstanding opportunity.

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Property History for 46 Maitland Rd, Islington, NSW 2296

A timeline of how this property has performed in the market
Last Sold
$1,450,000
02 Aug 2018
Listed for Rent
07 Mar 2019
  • 05 Feb 2019
    Listed for Rent $120,000 / year
  • 16 Oct 2018
    Listed for Sale $2,200,000
  • 02 Aug 2018
    Sold for $1,450,000
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About Islington 2296

The size of Islington is approximately 0.7 square kilometres. It has 4 parks covering nearly 12.3% of total area. The population of Islington in 2011 was 1,806 people. By 2016 the population was 1,887 showing a population growth of 4.5% in the area during that time. The predominant age group in Islington is 20-29 years. Households in Islington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Islington work in a professional occupation. In 2011, 51.4% of the homes in Islington were owner-occupied compared with 49.4% in 2016.

Islington has 1,329 properties. Over the last 5 years, Houses in Islington have seen a 62.40% increase in median value, while Units have seen a 31.35% increase. As at 31 October 2024:

  • The median value for Houses in Islington is $946,335 while the median value for Units is $768,681.
  • Houses have a median rent of $650 while Units have a median rent of $538.
There are currently 9 properties listed for sale, and 1 property listed for rent in Islington on OnTheHouse. According to CoreLogic's data, 66 properties were sold in the past 12 months in Islington.

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