The easy inner city lifestyle could be yours via this chic apartment in the historic ‘Colonial Mutual Life Building’ with its art deco façade, rooftop garden and sublime location. This one bedroom apartment is an astute investment or the epitome of first home ownership – a convenient apartment in a coveted building situated in the beating heart of our thriving coastal city.
Head out for a sunrise surf at Newcastle Beach – just 650 metres east – and grab a coffee from the iconic Estabar or Good Brother Espresso before you walk to the office in the CBD or maybe catch the light rail. On the way home from work stop by Falcon for a beer or meet friends at Bocados for an amazing Spanish feast. Come the weekend share a gin and tonic or a bottle of bubbles with friends on the building’s rooftop balcony complete with wet bar and views across the harbour to the iconic Nobbys lighthouse. As the sun sinks low over the Pacific head out for a show at the grand Civic Theatre, choose from an ever evolving and eclectic range of restaurants for dinner and finish the night with a Negroni at Coal and Cedar.
If you are an investor or looking to become one, be sure to add this gem to your portfolio as the Newcastle rental market continues to surge. It is currently tenanted to a happily ensconced tenant for $400 a week. Your tenants will love the modern style and convenience, the low maintenance aspect of this unit and of course the enviable location!
– Uber central 1 bedroom unit in the true centre of Newcastle
– Incredible location with scores of restaurants, bars, cafes, boutiques, theatres, galleries and even a speakeasy within a few hundred metres
– If you tire of the city head to Darby Street – just 1 km away
– 650 metres to Newcastle Beach, 800 metres to King Edward Park, 1 km to the Bogey Hole, 1.3km to Nobbys Beach
– Apartment overlooks the Hunter Street Mall but is surprisingly quiet given its location
– 6th floor position
– Modern kitchen with sleek cabinetry and Omega appliances
– Floating timber floors, Euro laundry, casement windows and secure intercom entry to foyer
– Shared rooftop space with garden and wet bar and views to Nobbys Beach across the harbour
– Currently tenanted until August at $400/week
Outgoing:
Council rates: $2,752 approx. per annum
Wate rates: $897 approx. per annum
Strata rates: $2,992 approx. per annum
Disclaimer:
All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.
