23 Denison StreetNewcastle West NSW 2302
Property Details for 23 Denison St, Newcastle West
Last Listing description (November 2023)
23 Denison Street presents a great opportunity for an owner-occupier or investor to earn a steady income from a short-term tenant. Situated in the most convenient suburb of Newcastle, the property offers a large site area with accessibility, an abundance of on-site parking and provides a fully-fitted medical suite ready to operate from. Situated off Hunter Street, the site conveniently encompasses all lifestyle, business and leisure offerings within easy walking distance.
- Current net passing income of $89,000 per annum plus GST
- Lease until April 2024
- B4 Mixed Use zoning
- 487sqm* site area
- Located in the West End, projected as Newcastle's new business hub
*Approximately
Property History for 23 Denison St, Newcastle West, NSW 2302
- 13 Dec 2023Sold for $1,640,000
- 27 Oct 2023Listed for Sale $1,800,000
- 08 Feb 2023Listed for Sale $1,800,000 - $2,000,000
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0About Newcastle West 2302
The size of Newcastle West is approximately 0.8 square kilometres. It has 5 parks covering nearly 31.8% of total area. The population of Newcastle West in 2011 was 593 people. By 2016 the population was 619 showing a population growth of 4.4% in the area during that time. The predominant age group in Newcastle West is 20-29 years. Households in Newcastle West are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Newcastle West work in a professional occupation. In 2011, 36% of the homes in Newcastle West were owner-occupied compared with 35.9% in 2016..
Newcastle West has 1,812 properties.
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