OFF MARKET

50 Glebe Road
The Junction NSW 2291

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 82m2
Land area: 2412m2
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Property Details for 50 Glebe Rd, The Junction

Building Type
Commercial
Floor Size
82m2
Land Size
2412m2
Local Government
Newcastle
Lot/Plan
100/DP825701

Last Listing description (October 2023)

Look to secure your new business premises today in the heart of the Junction precinct in the newly rejuvenated "Eastpoint".

Your new office or medical suite will benefit from the surrounding amenity The Junction has to offer, such as, boutique shops, The Junction Fair Shopping Centre, post office, cafes, restaurants and Bar Beach, all of which are within walking distance.

The building offers fantastic staff facilities including a communal lunch area with sweeping city views and male and female amenities on each floor.

Stylish open plan office accommodation could be utilised for a multitude of uses.

Ground Floor, Suite 11A
Area - 201m*
Rental - $70,350 per annum net (plus GST)

Outgoings are payable in addition to the above-mentioned rentals.

*Approximate.

Property History for 50 Glebe Rd, The Junction, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$1,020,000
29 Jul 1994
Listed for Rent
02 Aug 2023
  • 15 Jan 2020
    Listed for Rent - Price not available
  • 28 Jun 2019
    Listed for Rent $1,174 / year
  • 08 Mar 2016
    Listed for Rent - Price not available
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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.