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

28 Honeysuckle Drive
Newcastle NSW 2300

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 84m2
Land area: 1875m2
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Property Details for 28 Honeysuckle Dr, Newcastle

28 Honeysuckle Dr, Newcastle is a 0 bedroom, 0 bathroom Unit and was built in 2020. The property has a land size of 1875m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 0 bedroom Unit sold in Newcastle in the last 12 months.

Building Type
Unit
Year Built
2020
Floor Size
84m2
Land Size
1875m2
Local Government
Newcastle
Lot/Plan
121/DP1047367

Last Listing description (January 2022)

- The 5,251sqm* A-grade building is strategically located within the prominent Honeysuckle precinct of the Newcastle CBD, an area home to a number of high-profile corporate and government tenants including Property NSW, Sparke Helmore Lawyers, DWF, NIB Health Funds, GHD, QBE Insurance and Hunter Water Corporation. With major government infrastructure projects ongoing and several high-end developments in the area, 28 Honeysuckle Drive is the perfect new home for your business.

- The building has undergone extensive refurbishment works over the past 12 months and now boasts outstanding end of trip facilities and architecturally designed foyers. Basement car parking, secure bicycle storage as well as the immediate proximity to Newcastle's light rail and Interchange, ensures easy accessibility to the buildings for employees and clients alike. Further, the buildings are surrounded by a wide offering of services including numerous cafes and childcare centres providing convenience and flexibility for employees.

- Positioned on level 5 of a 7-storey building, the refurbished floor, benefits from floor to ceiling windows that provide exceptional natural light and multiple elevator access. Stripped back to open plan, the space allows any tenant to create a space perfectly suited to their business.

- Lettable area - 334sqm*

Rental - $133,600 net per annum (plus GST)
Outgoings - $37,708 per annum (plus GST)

- The tenant will also be responsible for their own business-related operating expense, including but not limited to, internal cleaning, telephones, power, water usage, air-conditioning maintenance, etc.

- With exceptional amenity in and around this building from over $2.4 million of recent state of the art building improvements, clients and employees alike will find this an outstanding office location.

*Approximate.

Property History for 28 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
31 Jan 2022
  • 24 May 2024
    Sold for $43,300,000
  • 29 Oct 2019
    Listed for Rent - Price not available
  • 14 Jun 2019
    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 5,025 properties. Over the last 5 years, Houses in Newcastle have seen a 43.46% increase in median value, while Units have seen a 34.62% increase. As at 31 October 2024:

  • The median value for Houses in Newcastle is $1,698,065 while the median value for Units is $931,549.
  • Houses have a median rent of $720 while Units have a median rent of $690.
There are currently 41 properties listed for sale, and 10 properties listed for rent in Newcastle on OnTheHouse. According to CoreLogic's data, 263 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.