SOLD
Sold on 08 Aug 2024 for $510,000

302/3 Gladstone Street
Newtown NSW 2042

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 51m2
Land area: 1866m2
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Property Details for 302/3 Gladstone St, Newtown

Building Type
Commercial
Year Built
2005
Floor Size
51m2
Land Size
1866m2
Local Government
Inner West
Lot/Plan
31/SP80980

Last Listing description (August 2024)

THE OPPORTUNITY
Set within a fantastic working environment, Studio 302 offers the perfect setting for your business. Located on the north-east facing side of the building, this corner office takes pride of place in a stunning heritage building, thoughtfully reimagined by architects Allen Jack & Cottier.

X MARKS THE SPOT

Located close to public transportation and with plenty of on-street parking, the Crago Flourmill Studios is right in the heart of King Street - the Inner-West's premier entertainment precinct. So whether you're an artist, designer, writer, or entrepreneur, Studio 302 is the perfect place to bring your creative vision to life.

X-FACTORS
Available now with vacant possession - Make an offer!
Title area breakdown: 51sqm Office + 1 sqm Storage
Original industrial elements retained
High ceilings with natural light on 2 sides
Air-conditioned and fully cabled and ready to plug and play
Award-winning building with heritage industrial features
Building amenity includes showers, lift, and a Go-Get on-site

Contact the exclusive agent for a copy of the IM or an inspection.
Tony Crane - 0416 479 189

Property History for 302/3 Gladstone St, Newtown, NSW 2042

A timeline of how this property has performed in the market
Last Sold
$510,000
08 Aug 2024
Listed for Rent
$528/w
03 Feb 2021
  • 08 Aug 2024
    Sold for $510,000
  • 11 Jul 2023
    Listed for Sale Contact Agent
  • 11 May 2020
    Listed for Rent - Price not available
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About Newtown 2042

The size of Newtown is approximately 1.6 square kilometres. It has 18 parks covering nearly 3.7% of total area. The population of Newtown in 2011 was 14,148 people. By 2016 the population was 15,009 showing a population growth of 6.1% in the area during that time. The predominant age group in Newtown is 20-29 years. Households in Newtown are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Newtown work in a professional occupation. In 2011, 41.2% of the homes in Newtown were owner-occupied compared with 38.5% in 2016.

Newtown has 9,417 properties. Over the last 5 years, Houses in Newtown have seen a 32.27% increase in median value, while Units have seen a 24.46% increase. As at 30 November 2024:

  • The median value for Houses in Newtown is $1,931,870 while the median value for Units is $908,993.
  • Houses have a median rent of $900 while Units have a median rent of $640.
There are currently 16 properties listed for sale, and 47 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 340 properties were sold in the past 12 months in Newtown.

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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.