101/111 Scott StreetNewcastle NSW 2300
Property Details for 101/111 Scott St, Newcastle
101/111 Scott St, Newcastle is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2011. The property has a land size of 1076m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (November 2021)
Ideally located within Newcastles desirable east end, this beautifully presented one bedroom apartment creates the perfect inner-city base or investment property. Situated on the first floor of the Terminus Apartment Hotel, the residence combines a spacious, cleverly designed layout with a neutral palette and eye-catching design touches. Natural light floods the interior from gorgeous arched windows, while underfoot, plush carpeting offers effortless comfort within a low maintenance setting. As a wheelchair-friendly apartment, its open-plan living space is complemented by a streamlined kitchen, accessible bathroom, and large bedroom with study nook. If buying as an investment, there is the option to let privately or take advantage of great returns of approximately $32,422 p.a. when leased through the Choice Hotels Group. From this unbeatable location, take in everything the city has to offer, from its famed beaches and nightlife to its dining, arts and entertainment, this address is the ultimate lifestyle package.
Original heritage architecture blends with contemporary design in 19th-century landmark building
Streamlined kitchen with electric hob, oven and dish drawer; internal laundry
Air-conditioned; secure entry; concierge; wheelchair access
Investment opportunity: currently earning $30,240.17 p.a., potential for car park income of $2182.81 p.a.
Secure underground parking for one vehicle
Situated within the cosmopolitan east end, close to light rail, beaches, bars and restaurants
Council Rates: Approx. $1,300 p.a.
Water Rates: Approx. $640.82 p.a.
Strata Fees: Approx. $1,331.30 p.q.
(We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.)
Important COVID-19 Update:
- Open Homes and Inspections -
Under the NSW Public Health Order recently announced, open homes and auctions are no longer allowed until further notice.
Industry body REINSW has confirmed upon seeking advice from NSW Health that private inspections are allowed, however, only one real estate agent and one buyer may attend the property following the making of an appointment for that purpose.
- Safety Precautions -
A face mask must be worn at all times during any private inspection that takes place as well as social distancing and hand sanitisation.
Property History for 101/111 Scott St, Newcastle, NSW 2300
- 28 Sep 2021Sold for $625,000
- 22 Sep 2021Listed for Sale Guide $595,000 - $630,000
- 13 Dec 2011Sold for $355,000
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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 5,100 properties. Over the last 5 years, Houses in Newcastle have seen a 57.34% increase in median value, while Units have seen a 40.93% increase. As at 31 August 2024:
- The median value for Houses in Newcastle is $1,884,487 while the median value for Units is $939,602.
- Houses have a median rent of $700 while Units have a median rent of $650.
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