OFF MARKET

1/5 Parkway Avenue
Bar Beach NSW 2300

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 256m2
Land area: 1235m2
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Last updated 11 Nov 2024
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Property Details for 1/5 Parkway Ave, Bar Beach

1/5 Parkway Ave, Bar Beach is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2012. The property has a land size of 1235m2 and floor size of 256m2. While the property is not currently for sale or for rent, it was last sold in September 2012.

Building Type
Unit
Year Built
2012
Floor Size
256m2
Land Size
1235m2
Local Government
Newcastle
Lot/Plan
1/SP85849

Last Listing description (November 2022)

Offering the ultimate opportunity to secure this stunning luxury apartment designed by award winning architect Kevin Snell then look no further than Five Parkway Avenue. This premium property located in a boutique style complex of only four apartments. Offering Basement level parking with private lift access plus a rear entertaining courtyard catches plenty of natural light and the waves rolling in to Bar Beach can be heard from here.

Located just meters from the golden sands of Bar Beach and a short stroll to Darby Streets cafes, shops and fine dining that the Newcastle CBD has on offer only a few minutes away.

The finishes are nothing less than extraordinary highlighting Italian limestone tiles, stainless steel balustrades and vast open plan living area, all combining to provide a residence that you would love to call home. Complete with double door fridge, dishwasher, microwave, washer and dryer all included.

The moment you enter you experience the feeling of space in the open plan living areas, a choice of several alfresco areas and a kitchen that is a showpiece featuring two colours of Caesar stone, an array of Miele appliances and two pack cupboards with soft close drawers. Designed with 2 double bedrooms and optional 3rd or study, ideal for guests or that home office that you desire. The master suite features a wall of built in robes, and spacious ensuite with bath tub featuring nothing but the highest level of fittings. All three bedrooms are complete with built in robes, ducted air-conditioning, ceiling fans and plantation shutters.

A rare feature for an apartment is full size laundry with external access it also features stone bench tops and two pack cupboards. The main bathroom is incredibly spacious and matching the quality of the ensuite and kitchen.

Other comforts can be found in the home such as ducted air conditioning, alarm system with video intercom and private access from your own elevator which travels to the basement car parking where you will easily accommodate two cars side by side. There is additional lockable basement storage in the carpark which is accessed via the remote doors at the centre of the property.

Properties of this calibre rarely come available your earliest inspection is highly recommended, so please book in or call for a private inspection today.

Please book yourself in using the book inspection button, if using Domain follow the link http://www.safehandspm.com.au/for-rent or contact the office to request a private inspection.

Please note: we do not accept 1form

Disclaimer:
To inspect, please register on https://www.prdnewcastle.com.au/properties-for-rent/

All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.

Property History for 1/5 Parkway Ave, Bar Beach, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$1,500,000
21 Sep 2012
Listed for Rent
$1.75k/w
17 May 2022
  • 24 Mar 2020
    Listed for Rent $1,750 / week
  • 02 Nov 2017
    Listed for Rent $1,500 / week
  • 21 Sep 2012
    Sold for $1,500,000

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About Bar Beach 2300

The size of Bar Beach is approximately 0.5 square kilometres. It has 4 parks covering nearly 33.2% of total area. The population of Bar Beach in 2011 was 1,124 people. By 2016 the population was 1,236 showing a population growth of 10.0% in the area during that time. The predominant age group in Bar Beach is 20-29 years. Households in Bar Beach are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bar Beach work in a professional occupation. In 2011, 40.4% of the homes in Bar Beach were owner-occupied compared with 50.7% in 2016.

Bar Beach has 712 properties. Over the last 5 years, Houses in Bar Beach have seen a 40.35% increase in median value, while Units have seen a 29.66% increase. As at 31 October 2024:

  • The median value for Houses in Bar Beach is $2,182,357 while the median value for Units is $806,269.
  • Houses have a median rent of $1,050 while Units have a median rent of $590.
There are currently 6 properties listed for sale, and 4 properties listed for rent in Bar beach on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Bar beach.

Suburb Insights for Bar Beach 2300

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.