OFF MARKET

4 Revelation Close
Tighes Hill NSW 2297

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2029m2
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Property Details for 4 Revelation Cl, Tighes Hill

Building Type
Commercial
Land Size
2029m2
Local Government
Newcastle
Lot/Plan
CP/SP85734

Last Listing description (February 2018)

Long term tenancy to 2020, with a five year option. potential to build further development.
This 2.029m2 property is a prime example of modern architecture.
Free standing property with the room to add more units if needed. Returning $138,000 cash in hand per year with two tenants secure until 2019. 19 Car Parks on title.

Rare chance to purchase since built, innovative and modern tilt construction building with 670m2 to expand the building to the back of the property.
Split between two levels (600m2) each, this property includes state of the art offices, kitchen and ammentaies.
Currently tenanted until 2020 with an option to expand for five years.

Property History for 4 Revelation Cl, Tighes Hill, NSW 2297

A timeline of how this property has performed in the market
Last Sold
$484,000
31 Jul 2010
  • 19 Oct 2017
    Listed for Sale $2,300,000
  • 31 Jul 2010
    Sold for $484,000
  • 18 Mar 2010
    Listed for Sale $500,000 + GST
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About Tighes Hill 2297

The size of Tighes Hill is approximately 1.7 square kilometres. It has 4 parks covering nearly 1.9% of total area. The population of Tighes Hill in 2011 was 1,615 people. By 2016 the population was 1,677 showing a population growth of 3.8% in the area during that time. The predominant age group in Tighes Hill is 30-39 years. Households in Tighes Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tighes Hill work in a professional occupation. In 2011, 62.9% of the homes in Tighes Hill were owner-occupied compared with 62.1% in 2016.

Tighes Hill has 941 properties. Over the last 5 years, Houses in Tighes Hill have seen a 66.00% increase in median value, while Units have seen a 33.04% increase. As at 31 October 2024:

  • The median value for Houses in Tighes Hill is $999,643 while the median value for Units is $752,746.
  • Houses have a median rent of $640 while Units have a median rent of $525.
There are currently 1 property listed for sale, and 1 property listed for rent in Tighes hill on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in Tighes hill.

Suburb Insights for Tighes Hill 2297

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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.