109/569 Hunter Street, Newcastle West

Sold Price - $285,000
1
Bedroom
1
Bathroom

Property Details

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High Yield in the Heart of the City with a Fascinating History

Unit

Make an astute investment and own a little piece of Newcastle history at the Star Apartments. This high yield rental property – with a lease in place until February 2025 – is a wise investment with its modern vibe and uber-central location. It also boasts the honour of being part of boutique Star Apartments complex with its history weaved amongst the arrival of the railway to Newcastle and goldfield fortunes, to the start of Newy's LGBTQI culture and the infamous Star Hotel riot of 1979. Originally built in 1855 by Scottish settlers, The Star Hotel had a long history before becoming one of Newcastle's most infamous pubs! The best Aussie bands played here in its heyday and there is even a Cold Chisel song named after this iconic location.

Things are a little more chill here now. In the last decade, several of the buildings here were reinvented as boutique apartments, complete with a chic common area and tree-lined courtyard. Unit Number 109 has a modern kitchen, a sleek bathroom, chic black framed windows, its own separate air conditioning system and bike parking for those keen to live the inner urban life to the fullest. The pub has new owners who now offer a Bottomless Brunch – all the mimosa and tapas you can consume – alongside fabulous pub grub.

This one bedroom apartment, currently garnering $450 a week rent, is within walking distance of everything the eclectic Newcastle CBD has to offer. Head out for brunch at the Papa's Bagel Bar next door, catch the light rail to the beach for a surf or a swim and order delicious bruschetta and pasta at Bella Italia. It is all within an easy stroll of this fantastic apartment! Access is via the now quiet and pretty Devonshire St – a private, festoon-lit alley – or off King Street. You will be surprised at how quiet this location is, given its proximity to all that our fabulous coastal city has to offer.

• 1 bedroom, 1 bathroom boutique studio apartment in the Star Hotel complex
• Contemporary kitchen with stainless Bosch appliances
• Modern bathroom with large shower
• Undercover bike storage downstairs
• This property is currently tenanted at $450 a week with a lease in place until February 2025
• Surprisingly quiet given the outstanding location
• 450 metres to Newcastle University city campus
• 550m to both the Honeysuckle dining precinct and the Civic Theatre
• 2.1km(a straight shot on the light rail) to Newcastle Beach and the Bogey Hole
• Approx 1 km to the heart of Newy and Darby St for nightlife and restaurants – Meet, Napoli, Forghorn, Wil & Son, Rascals, Finnegans, Milky Lane and Ginger Meg's

Outgoings:
Council Rates: $1,552 approx. per annum
Water Rates: $800.01 approx. per annum
Strata Rates: $1,900.57 approx. per quarter

***Health & Safety Measures are in Place for Open Homes & All Private Inspections

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.

Team Member representing 109/569 Hunter Street, Newcastle West

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