48 Watt StreetNewcastle NSW 2300
Property Details for 48 Watt St, Newcastle
48 Watt St, Newcastle is a 0 bedroom, 3 bathroom House and was built in 1905. The property has a land size of 901m2 and floor size of 550m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (October 2023)
For Sale by Expressions of Interest closing Thursday 17 August 2023 at 4pm
Commercial Collective is pleased to present 48 Watt Street, Newcastle. Offering a truly remarkable property, nestled in the heart of the city, stands a former iconic Gothic church building, constructed around 1905. This magnificent structure, steeped in history, also encompasses an additional prayer hall constructed in 1912, creating a combined building area of approximately 640 square metres.
With its rich history, impeccable renovations, and prime location, this property presents an unrivalled opportunity for those seeking a distinctive and versatile venue. Whether for weddings, celebrations, or other special events, this property offers an unforgettable setting that blends old-world charm with modern elegance.
- Approved function and events centre
- Building area 640sqm*
- 100sqm* external covered alfresco area
- Potential walk-in, walk-out opportunity
- Commercial grade kitchen
- Iconic Newcastle building within the heart of the East End
- Potential for dual income
- Adaptive re-use opportunity (STCA)
- 931sqm* site area
- 20m* frontage to Watt Street
- R4 High Density Residential zoning
*Approximately
Property History for 48 Watt St, Newcastle, NSW 2300
- 18 Oct 2023Sold for $3,200,000
- 18 Jul 2023Listed for Sale Contact Agent
- 25 May 2018Sold for $3,100,000
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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 5,157 properties. Over the last 5 years, Houses in Newcastle have seen a 30.38% increase in median value, while Units have seen a 34.90% increase. As at 31 December 2024:
- The median value for Houses in Newcastle is $1,586,585 while the median value for Units is $941,146.
- Houses have a median rent of $750 while Units have a median rent of $695.
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