FOR SALE
$550,000

16/3 King Street
Newcastle NSW 2300

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 38m2
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Newcastle Beach Studio

Beachside living at its best. This fully furnished studio provides an instant investment opportunity or perfect for first home buyers.
Situated on level four of the prestigious Royal Apartment Complex just across the road from Newcastle Beach. This is a rare opportunity to buy into The Royal at an affordable price.
This well-appointed fully furnished studio apartment is north facing, enjoying plentiful sunlight, with beach views from the balcony. Every unit has secure entry and lift access. Free use of fully equipped gym, spa and sauna is an added bonus.
Quality finishes include a Caesarstone kitchen, with gas hobs, convection microwave and dishwasher. It has a fully tiled bathroom and convenient laundry with sink, washing machine and dryer. A brand-new reverse cycle AC system has just been installed. There is a built-in wardrobe to maximise space and storage.
Life by the beach with all the city conveniences you need are easily accessible in this inviting studio apartment. Everything is within easy walking distance. It is in the centre of bars, restaurants, nightlife and convenience stores, as well stunning strolls along the beach, Nobby's Break wall and Anzac walk. Walking distance to the University of Newcastle city campus and a short bus ride to Callaghan campus. Close to public transport with the light rail and buses less than a 5-minute walk.
This fully furnished ready-made investment returns approximately $500 - $550 per week or you can enjoy the lifestyle yourself.
Council Rates: $1,163 pa
Water Rates: $ 818 pa
Strata Levies: $3,242 pa
Inspections by appointment only.
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Property Details for 16/3 King St, Newcastle

16/3 King St, Newcastle is a 1 bedroom, 1 bathroom Unit. The property has a floor size of 38m2. The place is currently for sale with For Sale By Owner Australia Pty. Ltd..

Building Type
Unit
Floor Size
38m2

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About Newcastle 2300

The size of Newcastle is approximately 4.9 square kilometres. It has 25 parks covering nearly 10.5% of total area. The population of Newcastle in 2011 was 2,384 people. By 2016 the population was 2,752 showing a population growth of 15.4% in the area during that time. The predominant age group in Newcastle is 20-29 years. Households in Newcastle are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newcastle work in a professional occupation. In 2011, 44.1% of the homes in Newcastle were owner-occupied compared with 45.7% in 2016.

Newcastle has 4,963 properties.

    There are currently 33 properties listed for sale, and 20 properties listed for rent in Newcastle on OnTheHouse. According to CoreLogic's data, 268 properties were sold in the past 12 months in Newcastle.

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