47 Glebe RoadThe Junction NSW 2291
Property Details for 47 Glebe Rd, The Junction
Last Listing description (April 2016)
- The property is situated at the intersection of Glebe Road, Watkins Street and Kenrick Street, being one of two major intersections at The Junction.
- The Junction is a thriving lifestyle, retail and commercial precinct and has a lot to offer including Junction Fair Shopping Centre, postal and banking facilities, cafes, restaurants, a multitude of retail shops, and Eastpoint a major commercial development. The Junction is located only minutes from Newcastle s CBD.
- The subject tenancy forms part of a prominent commercial development with neighbouring tenants being the longstanding Fish and Chip shop and recently established Hunter Organics.
- Significant signage opportunities offer further exposure to the huge numbers of passing traffic.
- Total area: 77sqm (approx.)
- Rental: $24,000 pa net plus GST
- Car parking: One secure on-site car park
Outgoings are payable in addition to the abovementioned rental and are estimated to be in the order of $3,500 per annum (plus GST). The Lessee will also be responsible for the Lessee s own business related operating expenses including, but not limited to, electricity, Insurance (i.e. Public Liability, Plate Glass, etc), internal cleaning, telephones, air conditioning maintenance, etc.
Property History for 47 Glebe Rd, The Junction, NSW 2291
- 16 Feb 2016Listed for Rent - Price not available
- 17 Sep 2008Listed for Rent - Price not available
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0About 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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