New Ni(II) Schiff base complexes [{Ni(L)(H2O)Cl} where HL = 2-((pyridin-3-ylmethylene)amino)phenol] have been synthesized using the reflux and sonochemical methods. The nickel oxide NiO nanopowder was obtained from the metal complexes after calcination at 650 °C for 2 h. The Schiff base complexes and NiO powders were characterized in detail. The HL and its metal complexes were depicted high activity towards microorganism and breast carcinoma cells. The inhibitory activity against breast carcinoma (MCF-7) were detected with IC50 = 5.5, 12.5 and 9.6 for HL, complex (1) and complex (2), respectively. The optical band gap energy was 3.6, 3.0 and 2.37 eV for Ni complexes (1), (2) and NiO, respectively. The microstructure of the formed NiO powders appeared as cubic-like structure. Furthermore, magnetic properties of NiO sample were identified and paramagnetic property was found at a room temperature. The saturation magnetization and coercive force for the NiO sample were 0.47 emu/g and 42.68 Oe, respectively.