SOLD
Sold on 10 Nov 2023 for $850,000

4/47 Bolton Street
Newcastle NSW 2300

Bedrooms: -
Bathrooms: -
Car spaces: 9
Floor area: 95m2
Sold By
MOVABLE - Commercial
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Property Details for 4/47 Bolton St, Newcastle

Building Type
Commercial
Year Built
2004
Floor Size
95m2
Local Government
Newcastle
Lot/Plan
4/SP77384

Last Listing description (November 2023)

Your opportunity to own your own premises in Newcastle's CBD.

Comprises reception, (7) executive office, boardroom, staff area & internal amenities.

Ideally located within easy walking distance to Newcastle Baths & Newcastle Beach, the foreshore, Newcastle Harbour, The Mall & the light rail.

The property is one block away from Iris Capitals $700 million east end development which features 500 new apartments, a Woolworth Metro supermarket & the QT Hotel.

The strata suite includes security car parking & is close to Bolton street car park.

The property is for sale by expressions of interest closing at 11am, Wednesday 18th October 2023.

Property History for 4/47 Bolton St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$850,000
10 Nov 2023
Listed for Rent
$939/w
29 Aug 2023
  • 10 Nov 2023
    Sold for $850,000
  • 25 Sep 2023
    Listed for Sale Contact Agent
  • 02 Mar 2023
    Listed for Rent $49,000 / year
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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.