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

2 Dunkley Parade
Mount Hutton NSW 2290

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1162m2
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

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 1,909 properties. Over the last 5 years, Houses in Mount Hutton have seen a 62.01% increase in median value, while Units have seen a 56.91% increase. As at 31 October 2024:

  • The median value for Houses in Mount Hutton is $763,557 while the median value for Units is $641,081.
  • Houses have a median rent of $620 while Units have a median rent of $600.
There are currently 14 properties listed for sale, and no properties listed for rent in Mount hutton on OnTheHouse. According to CoreLogic's data, 80 properties were sold in the past 12 months in Mount hutton.

Suburb Insights for Mount Hutton 2290

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.