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Commercial Property

156 Teralba Road

Adamstown NSW 2289, Australia

4 Parking
575 m² Land size
$1,125,000 Last sale (2024)

About this commercial property

156 Teralba Road is in Adamstown, NSW and is presented as a Commercial with 4 parking spaces, land size of 575.4 m². Lot 1552/156 Teralba Road in Adamstown, NSW is a residential house on a 575 m² block that offers five bedrooms, two bathrooms and parking for four cars (three in a garage) Price: $1,125,000. The estimated market value is $1,356,750 and the estimated weekly rent is $735 per week

Key details

Locality
Adamstown
State
NSW
Coordinates
32.93210316 / 151.72471684
GNAF PID
GANSW703884847
Legal parcel ID
1552/666952
Remoteness area
Metro
Property type
Commercial
Land size
575 m²
Bushfire risk
None detected
Flood risk
Low
Heritage overlay
Detected
Land Use Category
Commercial

Market estimates

Based on web rent evidence, web value evidence.

Expected weekly rent
$735
Expected property value
$1,356,750
Estimated yield
2.82%
Confidence
High

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
18 Jun 2024
$1,125,000$1,956
Sale
24 Apr 2020
$625,000$1,086
Sale
1 Feb 1982
$52,250$90

Price per m² based on land size of 575 m².

Rental history

EventDateWeekly rent
Lease
28 Feb 2022
commencement date
$600 per week

Property insights

Property Features

  • New kitchen, bathroom, flooring and paint as part of recent renovations Presence.realestate
  • Dual‑occupancy configuration (front home and rear secondary dwelling) Aussie.com.au Presence.realestate
  • Recent renovations (new kitchen, bathroom, paint, flooring, skylights)
  • High rental potential: Combined dual‑occupancy rental income estimated at $1,000 per week

Recorded sales and leasing agents

Agency
Presence Real Estate (Newcastle, Lake Macquarie, Central Coast & Hunter) Presence.realestate
Recorded sale agency (2024 sale)
Presence Real Estate (Newcastle, Lake Macquarie, Central Coast & Hunter) recorded for the 2024 sale Level 2/16 Telford Street, Newcastle East NSW 2300 Domain, presence real estate
Recorded listing contacts
Nathan Finney +61 2 4926 0626 Presence real estate

Building profile

  • Strong recent price growth: Price increased from $625k in 2020 to $1.125M in 2024 (+80%) Aussie.com.au Presence.realestate
  • Subdivision activity: 2. Dual‑occupancy potential – ’s marketing copy (P4) mentions a dual‑occupancy configuration with separate front and rear rental incomes, suggesting that the lot may have been subdivided (or contains a secondary “granny flat”) that can be rented independently

Real Estate Agencies

Ordered by:
Salt Property Newcastle
Harcourts - Newcastle & Lake Macquarie
Wilton Lemke Stewart - NEWCASTLE
Presence Newcastle, Lake Macquarie, Central Coast & Hunter
Presence Real Estate - WARNERS BAY
Belle Property Newcastle, Lake Macquarie, Hunter Valley
McGrath - Lake Macquarie
LaneCampos - Newcastle Region
First National Newcastle City - The Junction
Spillane Property - Newcastle
Creative Property Co - Stockton
Robinson Property - The Junction
Dalton Partners - The Junction
Walkom Real Estate Residential Listings
Ray White Newcastle Lake Macquarie - NEWCASTLE
FOUND
Stone Real Estate Newcastle
Shiels + Co Property - WHITEBRIDGE
Creer Property - Charlestown
McKiernan Real Estate - Newcastle and Lake Macquarie
Global Property
Murdoch Property Co - Newcastle and Lake Macquarie
Dowling Property Newcastle & the Hunter - BERESFIELD
Ray White - Charlestown
* Approximate straight-line distances

Frequently asked questions

What is the estimated weekly rent for this property?

An actual lease in February 2022 recorded a weekly rent of $600

Presence.realestate
Who is the listing and leasing agent for the property?

Presence Real Estate (Newcastle, Lake Macquarie, Central Coast & Hunter) handled the sale and lease. Contact number is +61 2 4926 0626 and the office is located at Level 2/16 Telford Street, Newcastle East NSW 2300

Presence.realestate
In which suburb is 156 Teralba Road located?

The property is situated in Adamstown, New South Wales

En.wikipedia.org
How far is Adamstown from Newcastle’s central business district?

Adamstown lies approximately 6 kilometres from the Newcastle CBD

En.wikipedia.org
What kind of property is this?

156 Teralba Road is listed as Commercial in Adamstown, NSW

Aussie.com.au
How many bedrooms, bathrooms, parking spaces, or other key details are listed?

156 Teralba Road is described with 4 parking spaces, land size of 575.4 m²

Aussie.com.au
What asking price or listing price is shown?

156 Teralba Road includes price $1,125,000, Sold for $1,125,000 on 18 Jun 2024

Aussie.com.au
What Calculated market estimate or Estimated weekly rent is available?

The calculated market estimate is $1,356,750, the calculated weekly rent is $735 per week, and the indicative gross yield is 2.82%

Aussie.com.au

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