OFF MARKET

653-657 Hunter Street
Newcastle West NSW 2302

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 1011m2
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Last updated 18 Nov 2024
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Property Details for 653-657 Hunter St, Newcastle West

653-657 Hunter St, Newcastle West is a 1 bedroom, 1 bathroom House. The property has a land size of 1011m2.

Building Type
House
Land Size
1011m2
Local Government
Newcastle

Last Listing description (November 2022)

Boasting of an acre (1011sqm) of prime central Newcastle real estate, this exceptional landholding is without doubt a first-class opportunity in this blue-chip locale.

Currently used as offices and workshop for a local electronics company, the two storey building with an approximate 20m frontage to Hunter Street and zoned B3 Commercial Core, represents a unique and tantalising prospect to acquire a prime site and deliver a defining development on the doorstep of everything the city has to offer.

Benefitting from Newcastle's Urban Renewal Strategy and within walking distance of its iconic harbour and Honeysuckle entertainment precinct, close to its world class beaches, next to a string of cultural attractions, offering momentary access to the University city campus and law courts building and enjoying first-rate transport connections with buses and the Newcastle interchange close by, the location is simply outstanding.

Potential uses, subject to council approval include, Commercial Offices, Residential Accommodation, Student Accommodation, High Rise Development, Entertainment, Education Facilities, Hotel or Motel.

Disclaimer:
All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.

Property History for 653-657 Hunter St, Newcastle West, NSW 2302

A timeline of how this property has performed in the market
  • 07 Nov 2022
    Listed for Sale Price Guide On Request
  • 15 Feb 2021
    Listed for Sale Contact Agent
  • 08 Jan 2020
    Listed for Sale Contact Agent
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About 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 1,784 properties. Over the last 5 years, Houses in Newcastle West have seen a 48.32% increase in median value, while Units have seen a 28.53% increase. As at 31 October 2024:

  • The median value for Houses in Newcastle West is $1,263,434 while the median value for Units is $728,791.
  • Houses have a median rent of $578 while Units have a median rent of $650.
There are currently 13 properties listed for sale, and 2 properties listed for rent in Newcastle west on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in Newcastle west.

Suburb Insights for Newcastle West 2302

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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.