18 Throsby St, Wickham is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 2015. The property has a land size of 429m2 and floor size of 85m2.
The property is located on the southern side of Throsby Street, 50m* from the intersection with Hannell Street and benefits from its close proximity to an array of Newcastle's main commercial, retail and leisure precincts.
The subject property is situated on the ground floor of the "Life at Throsby" mixed use development and is a restaurant with full fitout including large commercial kitchen, polished concrete floors, ducted air-conditioning, cool room, storage and loading dock which could double as another car park.
Current net income $42,000 per annum (plus GST)
For Sale - $1,300,000 (sale of going concern)
*Approximate
The size of Wickham is approximately 0.7 square kilometres. It has 3 parks covering nearly 17.7% of total area. The population of Wickham in 2011 was 953 people. By 2016 the population was 1,108 showing a population growth of 16.3% in the area during that time. The predominant age group in Wickham is 20-29 years. Households in Wickham are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wickham work in a professional occupation. In 2011, 44.8% of the homes in Wickham were owner-occupied compared with 43.3% in 2016.
Wickham has 1,705 properties. Over the last 5 years, Houses in Wickham have seen a 59.93% increase in median value, while Units have seen a 26.48% increase. As at 30 September 2024:
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