OFF MARKET

183 Union Street
The Junction NSW 2291

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 253m2
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Property Details for 183 Union St, The Junction

Building Type
Commercial
Land Size
253m2
Local Government
Newcastle
Lot/Plan
162/DP594419

Last Listing description (March 2020)

- The property is located in The Junctions lifestyle business/retail precinct, surrounded by banks, cafes, restaurants and The Junction Fair Shopping Centre.

- The tenancy comprises an open plan retail/commercial suite with a separate kitchenette to the rear. A private amenity is also included..


- Finishes include linoleum flooring throughout, fixed plasterboard ceiling with stylish downlighting, split system air-conditioning, single plumbing point and floor to ceiling glazed shopfront.

- Total lettable area - 40sqm*
- One car space included
- Suitable for retail or commercial

- Rental: $615 per week net (plus GST)

- Outgoings are payable in addition to above rental and are approximately $6,000 per annum plus GST. The Lessee will also be responsible for the Lessees own business related operating expenses including, but not limited to, electricity, water usage, telephones, insurance, internal cleaning etc.


*Approximate.

Property History for 183 Union St, The Junction, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$1,340,000
11 Feb 2019
Listed for Rent
$671/w
27 Jul 2023
  • 02 Oct 2019
    Listed for Rent - Price not available
  • 11 Feb 2019
    Sold for $1,340,000
  • 18 Oct 2018
    Listed for Sale By Negotiation
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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.
There are currently 1 property listed for sale, and 1 property listed for rent in The junction on OnTheHouse. According to CoreLogic's data, 22 properties were sold in the past 12 months in The junction.

Suburb Insights for The Junction 2291

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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.