SOLD
Sold on 13 Dec 2023 for $3,100,000

2 Dunkley Parade
Mount Hutton NSW 2290

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1162m2
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Sold By
Sebastian Kavanagh
Commercial Collective
Jacob Siever
Commercial Collective
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Property Details for 2 Dunkley Pde, Mount Hutton

Building Type
Commercial
Land Size
1162m2
Local Government
Lake Macquarie
Lot/Plan
2/DP1158536

Last Listing description (November 2023)

For Sale by Auction on Wednesday 13 December 11am.

2 Dunkley Parade, Mount Hutton, is a fully let neighbourhood centre with mixed-use tenants, including a veterinary hospital, hospitality venues, and retail shops. Zoned as E1 Local Centre with a 1,160sqm* site area and a prominent 71sqm* corner frontage, the property offers future rental uplift with potential for renovation and development (STCA). 2 Dunkley Parade generates a net income of $229,756.40* net per annum plus GST, offering an attractive return on investment.

Key features include:

- Site area 1,160sqm*
- Zoned E1 Local Centre
- 71sqm* frontage corner site to Dunkley Parade
- Fully let neighbourhood centre
- NLA 700sqm*
- Returning $229,756.40* net per annum plus GST

*Approximately

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Property History for 2 Dunkley Pde, Mount Hutton, NSW 2290

A timeline of how this property has performed in the market
Last Sold
$3,100,000
13 Dec 2023
  • 13 Dec 2023
    Sold for $3,100,000
  • 02 Nov 2023
    Listed for Sale Contact Agent
  • 07 Feb 2014
    Sold for $1,300,000

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About Mount Hutton 2290

The size of Mount Hutton is approximately 3.2 square kilometres. It has 6 parks covering nearly 2.8% of total area. The population of Mount Hutton in 2011 was 3,181 people. By 2016 the population was 3,548 showing a population growth of 11.5% in the area during that time. The predominant age group in Mount Hutton is 50-59 years. Households in Mount Hutton are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mount Hutton work in a professional occupation. In 2011, 70.8% of the homes in Mount Hutton were owner-occupied compared with 70.8% in 2016.

Mount Hutton has 1,919 properties. Over the last 5 years, Houses in Mount Hutton have seen a 58.51% increase in median value, while Units have seen a 60.53% increase. As at 30 September 2024:

  • The median value for Houses in Mount Hutton is $741,125 while the median value for Units is $639,595.
  • Houses have a median rent of $620 while Units have a median rent of $615.
There are currently 9 properties listed for sale, and 1 property listed for rent in Mount hutton on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in Mount hutton.

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