10/10-16 Kenrick StreetThe Junction NSW 2291
Property Details for 10/10-16 Kenrick St, The Junction
Last Listing description (October 2021)
- The property is situated on the northern side of Kenrick Street, on the Ground Floor of The Junction Village Centre, at The Junction. Being just several minutes drive from Newcastle CBD, The Junction has a strong commercial and retail precinct which offers free on-street parking, popular cafes and The Junction Fair Shopping Centre.
- The property comprises a strata title ground floor retail suite with concrete floors and aluminium framed glass shopfronts. The property features carpeted floor coverings, fluorescent lighting and gyprock perimeter walls. Common amenities are shared between the occupants of the complex. The Junction Village offers free on-site parking.
- 135sqm* of ground floor retail space
- Rental - $90,000 per annum net (plus GST)
- Outgoings are payable in addition to the above rental.
*Approximate.
Property History for 10/10-16 Kenrick St, The Junction, NSW 2291
- 18 Sep 2024Sold for $844,000
- 16 Mar 2020Listed for Rent - Price not available
- 14 Nov 2011Sold for $547,500
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About The Junction 2291
The size of The Junction is approximately 0.3 square kilometres. It has 1 park covering nearly 4.4% of total area. The population of The Junction in 2011 was 1,495 people. By 2016 the population was 1,048 showing a population decline of 29.9% in the area during that time. The predominant age group in The Junction is 20-29 years. Households in The Junction are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in The Junction work in a professional occupation. In 2011, 50.1% of the homes in The Junction were owner-occupied compared with 57.9% in 2016.
The Junction has 714 properties. Over the last 5 years, Houses in The Junction have seen a 70.21% increase in median value, while Units have seen a 52.02% increase. As at 31 October 2024:
- The median value for Houses in The Junction is $1,876,291 while the median value for Units is $905,947.
- Houses have a median rent of $720 while Units have a median rent of $580.
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