Positioned in the heart of Newcastle’s CBD, this one-bedroom apartment appeals to the savvy investor, first home buyer or someone seeking an inner-city lifestyle. The apartment has close proximity to local eateries and bars, simply wander out of your apartment, leave your car at home and enjoy all Newcastle has to offer.
Situated in the front half of the complex, the apartment is flooded with Natural light throughout. The layout is functional and compact, providing scope to add value for the new owner. The kitchen is fully equipped with an electric cooktop and oven, ample storage and plenty of bench space.
Proximity to significant Landmarks:
– Under 1km to NuSpace University Hub.
– Under 400m to Crown Street Light Rail Station.
– Under 2km to Nobbys Beach.
– Under 400m to Hunter Street Mall.
Property Features:
– Split system Air Conditioning System
– Allocated Car Space.
– Ensuite off the bedroom.
– Separate bedroom and living areas.
– Strata Rates: Approx. $2,750 p/a (Strata Report available upon Request)
– Water Rate: Approx. $740 p/a + usage.
– Council Rates: Approx. $1,600 p/a.
– Current Rental Return: $420 p/w (Lease Expires 19/12/23)