35 Turton RoadWaratah NSW 2298
Property Details for 35 Turton Rd, Waratah
Last Listing description (December 2020)
Being in a prominent location with over 12,000 cars passing a day within walking distance of Waratah Village shopping centre and Waratah train station on a corner block this property has a lot of potential, currently used as a successful mechanics workshop and tyre shop owner operated for the last 30 years.
The location of the property in a fast moving suburb only minutes from Newcastle CBD and world famous beaches, catch the train walk or ride a bike to the University of Newcastle, local schools, Callaghan Campus, moments from the Mater Hospital in a location that has loads of exposure.
Utilise this property in its existing use or develop the property into a unit complex.
Zoning B2
Floor Space Ratio 1:1.5
Height of Building 11m
Property History for 35 Turton Rd, Waratah, NSW 2298
- 24 May 2024Sold for $2,200,000
- 11 Nov 2019Listed for Sale Expressions of Interest
- 14 May 2007Sold for $420,000
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0About Waratah 2298
The size of Waratah is approximately 1.9 square kilometres. It has 5 parks covering nearly 10.1% of total area. The population of Waratah in 2011 was 4,759 people. By 2016 the population was 4,487 showing a population decline of 5.7% in the area during that time. The predominant age group in Waratah is 20-29 years. Households in Waratah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Waratah work in a professional occupation. In 2011, 51.5% of the homes in Waratah were owner-occupied compared with 48.8% in 2016.
Waratah has 2,404 properties. Over the last 5 years, Houses in Waratah have seen a 66.46% increase in median value, while Units have seen a 44.78% increase. As at 31 October 2024:
- The median value for Houses in Waratah is $860,621 while the median value for Units is $603,408.
- Houses have a median rent of $605 while Units have a median rent of $515.
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