19 Heaton St, Jesmond is a 2 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 1353m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
DA Approved with the majority of the CC plans complete, this unique 26 room boarding home is centrally located between the Jesmond Shopping centre and the Newcastle University.
This affordable housing project allows you the ability to cater for the enormous market in this sector. It will cater to the much needed shortage in the university rental market, at a value based price point.
Alternatively, the property land size is approximately 1356sqm and could be suited for various other developments.
Designed by Stephen Coon of Mark Lawler Architects, incredible thought has been applied to the layout to achieve affordability in the construction component to maximise the rate of return.
See video link below for an interactive viewing of the approved building.
https://vimeo.com/user110520147/download/632615161/f12dca3f45
Expressions of Interest closing 4pm 26th November 2021
Contact Alex Madikian for detailed plans and documents via email alex@nextviewproperty.com.au
*Images and video are indicative only
The size of Jesmond is approximately 1.2 square kilometres. It has 10 parks covering nearly 17.4% of total area. The population of Jesmond in 2011 was 2,607 people. By 2016 the population was 3,055 showing a population growth of 17.2% in the area during that time. The predominant age group in Jesmond is 20-29 years. Households in Jesmond are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Jesmond work in a professional occupation. In 2011, 34.5% of the homes in Jesmond were owner-occupied compared with 29.9% in 2016.
Jesmond has 1,576 properties. Over the last 5 years, Houses in Jesmond have seen a 66.56% increase in median value, while Units have seen a 39.23% increase. As at 30 November 2024:
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