OFF MARKET

98 Glebe Road
The Junction NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Land area: 192m2
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Property Details for 98 Glebe Rd, The Junction

98 Glebe Rd, The Junction is a 2 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 192m2. While the property is not currently for sale or for rent, it was last sold in March 2016.

Building Type
House
Land Size
192m2
Local Government
Newcastle
Lot/Plan
621/DP1081529

Last Listing description (March 2017)

Fantastic opportunity to secure a charismatic 2 bedroom terrace on approx 196m2 block with main road exposure, garage and parking for 2 additional cars also enhanced by beautiful north facing alfresco courtyard.Currently leased as 'Petite Belle ' Patisserie coffee shop, perfect to continue as coffee shop or remodel to home office with residence upstairs or convert back to residential home (STCA).

* Auction on Site Saturday 5th March at 3pm.
* Charismatic 2 bedroom terrace with alfresco courtyard.

* Currently operating as 'Petite Bella' patisserie coffee shop.
* Business owner would consider possible business sale.
* B2 zoning, 2.0 FSR, 14m Height allowance, approx 196m2 block.
* Option 1 - Purchase building for future business/personal use.
* Option 2 - Opportunity to also secure current coffee shop business.
* Building and zoning offers great potential for varied business/residential use.
* Great location in the heart of The Junction.
* Seize this unique opportunity!
* Open for Inspection or by appointment.

Council Rates: $3655 PA approx
Water Rates: $721 + Usage PA approx

Anthony Merlo : 0412 496 610

Property History for 98 Glebe Rd, The Junction, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$610,000
05 Mar 2016
  • 05 Mar 2016
    Sold for $610,000
  • 12 Feb 2016
    Listed for Sale Not Disclosed

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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, 21 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.