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  • 1 - 4/148 - 150 Darby Street, Cooks Hill, NSW 2300
  • 1 - 4/148 - 150 Darby Street, Cooks Hill, NSW 2300
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1 - 4/148 - 150 Darby Street, Cooks Hill, NSW 2300

$2,700,000 - $2,900,000
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High-Exposure Retail & Residential Opportunity in Newcastle's Iconic Darby St

Darby Street has been Newcastle's beating heart for living, shopping, dining, and socialising since the 1870s-once earning the nickname "Drinking Man's Paradise." Today, it remains one of the city's most iconic lifestyle and commercial precincts. Gilronan Court - 148 -150 Darby Street is perfectly positioned in this vibrant village strip, just a short stroll to beaches, shops, and entertainment. This mixed-use freehold property presents an exciting opportunity for investors, business owners, or those seeking a dynamic live-work space. Property Overview: Consist of 4 separate units, two retail stores with two 2-bed residences above. Purchase allows for four individual parties to maintain own strata ideal for families trusts, super investors or Joint Ventures • Total building area is 487m² on 435m² of land in MU1 Mixed Use Zoning • Unit 1 - Retail store leased by Monella Total 190m², MU1 Mixed Use. Fully equipped food & beverage venue with commercial kitchen, cool room, grease trap, and three-phase power. Includes two rear lane car parks. • Unit 2 - Retail store leased by Skinsure 79m², Beauty/consulting rooms with kitchenette and amenities • Unit 3 / 4 – Residences above, both 2bed, 1 bath expansive older style residential apartment with high ceiling and large courtyard totaling 124m² and 126m² Four Income Streams – Current three tenancy Income $ 128,374 excluding GST. Fully let Market Income including outgoing contributions $ 198,702 excluding GST. Contact for further information Total Strata Admin $ 20,736 pa. Capital $7,858 pa. Council $14,004 pa. Water $3,036 Strategic location: Prime street frontage – Maximum visibility with awning signage. Dual access – Side laneway leads to council 2-hour free parking (~48 spaces) behind The Del Hotel. Building overview: Classic rendered brick building with a tiled roof – A character-filled property with strong historical appeal. Future potential – Update, extend, or redevelop (STCA), Zoning height 14m. A rare chance to secure a mixed-use asset in one of Newcastle's most sought-after locations, with steady income and future upside. Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

First listed on 28 April, this property has been on Realty for 54 day/s. There are currently 4 properties for sale in Cooks Hill.

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General Features
Land Area: 435m2
Building Size: 487m2
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1 - 4/148 - 150 Darby Street, Cooks Hill, NSW 2300

$2,700,000 - $2,900,000
Open for inspection logo

No inspections are currently scheduled. to arrange an appointment.

Loan calculator
Realty.com.au

 Home Loans

 Calculate how much you can loan for this property

High-Exposure Retail & Residential Opportunity in Newcastle's Iconic Darby St

Darby Street has been Newcastle's beating heart for living, shopping, dining, and socialising since the 1870s-once earning the nickname "Drinking Man's Paradise." Today, it remains one of the city's most iconic lifestyle and commercial precincts. Gilronan Court - 148 -150 Darby Street is perfectly positioned in this vibrant village strip, just a short stroll to beaches, shops, and entertainment. This mixed-use freehold property presents an exciting opportunity for investors, business owners, or those seeking a dynamic live-work space. Property Overview: Consist of 4 separate units, two retail stores with two 2-bed residences above. Purchase allows for four individual parties to maintain own strata ideal for families trusts, super investors or Joint Ventures • Total building area is 487m² on 435m² of land in MU1 Mixed Use Zoning • Unit 1 - Retail store leased by Monella Total 190m², MU1 Mixed Use. Fully equipped food & beverage venue with commercial kitchen, cool room, grease trap, and three-phase power. Includes two rear lane car parks. • Unit 2 - Retail store leased by Skinsure 79m², Beauty/consulting rooms with kitchenette and amenities • Unit 3 / 4 – Residences above, both 2bed, 1 bath expansive older style residential apartment with high ceiling and large courtyard totaling 124m² and 126m² Four Income Streams – Current three tenancy Income $ 128,374 excluding GST. Fully let Market Income including outgoing contributions $ 198,702 excluding GST. Contact for further information Total Strata Admin $ 20,736 pa. Capital $7,858 pa. Council $14,004 pa. Water $3,036 Strategic location: Prime street frontage – Maximum visibility with awning signage. Dual access – Side laneway leads to council 2-hour free parking (~48 spaces) behind The Del Hotel. Building overview: Classic rendered brick building with a tiled roof – A character-filled property with strong historical appeal. Future potential – Update, extend, or redevelop (STCA), Zoning height 14m. A rare chance to secure a mixed-use asset in one of Newcastle's most sought-after locations, with steady income and future upside. Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

First listed on 28 April, this property has been on Realty for 54 day/s. There are currently 4 properties for sale in Cooks Hill.

Floorplans & Interactive Tours

General Features
Land Area: 435m2
Building Size: 487m2
Meet the Neighbours near Cooks Hill
Primary
Secondary
Special

Get to know more about Cooks Hill

Explore Suburb
Cooks Hill Suburb Trends Price trends for properties in Cooks Hill
Monthly Average Prices Statistics
2025

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