SOLD
RECENT ADVICE
Sold on 28 Jun 2024 for $517,000

102/77 Shortland Esplanade
Newcastle NSW 2300

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 53m2
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Property Details for 102/77 Shortland Esp, Newcastle

102/77 Shortland Esp, Newcastle is a 1 bedroom, 1 bathroom Apartment. The property has a land size of 53m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Apartment sold in Newcastle in the last 12 months.

Building Type
Apartment
Land Size
53m2

Last Listing description (June 2024)

Imagine waking up to the gentle sound of ocean waves and gazing upon the pristine beauty of Newcastle Beach right from your enclosed balcony. This unit provides the ultimate beachfront experience. Located on the ground-floor this one bedroom, one bathroom becomes easily accessible, ensuring convenience at all times.
A perfect investment to turn into an Airbnb with a good return.

Key Features:

- Modern Kitchen with Gas Cooktop and Electric Oven
- Convenient In-Unit Dryer
- Ducted Air Conditioning for Year-Round Comfort
- Secure Storage Unit - Perfect for Bikes and Surfboards
- Guest parking available
- Currently tenanted for $500 P/W

Potential to turn the property into an Airbnb similar properties are charging more than $500 dollars for 2 nights minimum stay.
You are within walking distance of not only Newcastle Beach but also a vibrant array of restaurants, cafes, and shops, ensuring you have everything you need at your fingertips.

- 3 minutes to Newcastle Beach
- 10 minute walk to King Edward Park
- 15 minute walk to Anzac Memorial Walk
- 1.8km to Darby Street

Outgoings:
Water rates -$760 per annum approx.*
Council rates - $2,209 per annum approx.*
Strata rates - $969 per quarter approx.*

This property is being sold under the Friendly Auction System.

An independent pest & building report is available on request at no charge to you. This is the type of report your solicitor would usually recommend purchasing before bidding at an auction or before making an unconditional offer prior to auction and are conducted by a panel of reputable companies. The companies have consented to friendly auction terms and will generally be happy to speak to you about your queries in reports and in most cases transfer the reports into your name if you are the successful buyer at auction or prior to auction.

Flexible deposit and settlement conditions are also available by negotiation with the agent if required.

Offers can also be made prior to auction and each offer will be assessed on its merits.

Bid and buy with confidence in this consumer driven, transparent auction system that was pioneered here in Newcastle but is now in use across Australia. We also have a downloadable guide available on our website.

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.

Property History for 102/77 Shortland Esp, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$517,000
28 Jun 2024
Listed for Rent
$480/w
23 Aug 2022
  • 19 Jun 2024
    Sold for $517,000
  • 09 Apr 2024
    Listed for Sale Friendly Auction
  • 24 Oct 2023
    Listed for Sale Not Disclosed
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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 5,138 properties. Over the last 5 years, Houses in Newcastle have seen a 44.29% increase in median value, while Units have seen a 34.78% increase. As at 30 November 2024:

  • The median value for Houses in Newcastle is $1,707,409 while the median value for Units is $937,865.
  • Houses have a median rent of $830 while Units have a median rent of $690.
There are currently 33 properties listed for sale, and 22 properties listed for rent in Newcastle on OnTheHouse. According to CoreLogic's data, 268 properties were sold in the past 12 months in Newcastle.

Suburb Insights for Newcastle 2300

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Contact agent
Ryan Houston
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Gabrielle Coleman
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Presence Newcastle, Lake Macquarie, Central Coast & Hunter
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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.