SOLD
Sold on 24 May 2024 for $43,300,000

26 Honeysuckle Drive
Newcastle NSW 2300

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 160m2
Land area: 1669m2
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Property Details for 26 Honeysuckle Dr, Newcastle

Building Type
Commercial
Floor Size
160m2
Land Size
1669m2
Local Government
Newcastle
Lot/Plan
122/DP1047367

Last Listing description (November 2023)

- Comprises a PCA A-grade building strategically located within the prominent Honeysuckle precinct of the Newcastle CBD, which is home to a number of high-profile corporate and government tenants.

- The building has new lifts, refurbished foyer and market leading End of Trip facilities, providing unrivalled staff amenity. The floor plates sizes provide flexibility for corporate tenants, with the building anchored by QBE Insurance.

- The Honeysuckle light rail stop is adjacent to the property, with staff amenity in the area including the Marketown Shopping precinct, a short 500 metres* to the south.

For Lease l For more information, please contact Peter Macadam on 0402 074 159.

*Approximate

Property History for 26 Honeysuckle Dr, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$43,300,000
24 May 2024
Listed for Rent
$8/w
27 Nov 2023
  • 24 May 2024
    Sold for $43,300,000
  • 01 Feb 2021
    Listed for Rent $19,449 / week
  • 09 Jun 2020
    Listed for Rent - Price not available
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About Newcastle 2300

The size of Newcastle is approximately 4.9 square kilometres. It has 25 parks covering nearly 10.5% of total area. The population of Newcastle in 2011 was 2,384 people. By 2016 the population was 2,752 showing a population growth of 15.4% in the area during that time. The predominant age group in Newcastle is 20-29 years. Households in Newcastle are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newcastle work in a professional occupation. In 2011, 44.1% of the homes in Newcastle were owner-occupied compared with 45.7% in 2016.

Newcastle has 5,104 properties. Over the last 5 years, Houses in Newcastle have seen a 53.89% increase in median value, while Units have seen a 34.03% increase. As at 31 July 2024:

  • The median value for Houses in Newcastle is $1,867,207 while the median value for Units is $897,998.
  • Houses have a median rent of $745 while Units have a median rent of $650.
There are currently 33 properties listed for sale, and 11 properties listed for rent in Newcastle on OnTheHouse. According to CoreLogic's data, 290 properties were sold in the past 12 months in Newcastle.

Suburb Insights for Newcastle 2300

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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.