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.
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:
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