50 Watt StreetNewcastle NSW 2300
Property Details for 50 Watt St, Newcastle
50 Watt St, Newcastle is a 4 bedroom, 1 bathroom House and was built in 1890. The property has a land size of 156m2 and floor size of 227m2. While the property is not currently for sale or for rent, it was last sold in June 2017.
Last Listing description (August 2023)
Magnificently located in the grand end of town where the fine old bones of heritage???gems are being lovingly restored, this majestic multi-level terrace offers the perfect foundations for a sympathetic renovation. Holding B4 mixed use zoning and previously used as a doctor's consulting rooms, it boasts generous interiors, a classic layout and exceptional versatility providing a myriad of options to work in, live in, or both.
The location is also an inspiration. Whether you want to shop, unwind, take an ocean dip, or dine with friends at an award-winning restaurant, this enviable address has got you covered all within minutes of home.
A property offering so much flexibility, potential and commercial diversity, one thing is for certain, this is indeed an exciting offering that is absolutely worthy of your serious consideration.
- Be inspired by the historic charm and beautiful surroundings of this desirable enclave
- Poised for revival at the end of handsome terrace row
- Classic multi-level layout, original features include marble fireplaces, a beautiful staircase, hallway arches and soaring ceilings
- Iconic surf breaks, magnificent coastal walks, vibrant eateries and a rejuvenated city centre all on your doorstep
This property is being sold under the revolutionary Friendly Auction System.
-An independent pest & building report is available on request at no charge to you. This is the type of report your solicitor would usually recommend purchasing before bidding at an auction or before making an unconditional offer prior to auction and are conducted by a panel of reputable companies. The companies have consented to friendly auction terms and will generally be happy to speak to you about your queries in reports and in most cases transfer the reports into your name if you are the successful buyer at auction or prior to auction: see each report for details.
-Flexible deposit and settlement conditions are also available by negotiation with the agent if required.
-Offers can also be made prior to auction and each offer will be assessed on its merits.
In-rooms auction event scheduled at The Arc at Watt Street Commercial Centre (Cnr King and Watt St Newcastle). Bid and buy with confidence in this consumer driven, transparent auction system that was pioneered here in Newcastle but is now in use across Australia. We also have a downloadable guide available on our website.
Property History for 50 Watt St, Newcastle, NSW 2300
- 11 Aug 2023Listed for Sale Not Disclosed
- 14 Jun 2017Sold for $1,300,000
- 26 May 2017Listed for Sale Friendly Auction - Price Guide on Request
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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 5,102 properties. Over the last 5 years, Houses in Newcastle have seen a 57.34% increase in median value, while Units have seen a 40.93% increase. As at 31 August 2024:
- The median value for Houses in Newcastle is $1,884,487 while the median value for Units is $939,602.
- Houses have a median rent of $700 while Units have a median rent of $650.
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