OFF MARKET

106/123 King Street
Newcastle NSW 2300

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 122m2
Land area: 138m2
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Property Details for 106/123 King St, Newcastle

106/123 King St, Newcastle is a 2 bedroom, 1 bathroom Unit and was built in 2020. The property has a land size of 138m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
2020
Floor Size
122m2
Land Size
138m2
Local Government
Newcastle
Lot/Plan
6/SP101660

Last Listing description (November 2023)

Get ready to experience the ultimate in fresh, funky, and fun living! The iconic Ireland's Bond 1884 heritage building has been totally revamped into 25 unique boutique apartments, each with its own style and vibe. Our uber-cool two-bedroom pad is the perfect example of smart design and edgy flair, with its New York loft feel and oversized layout that spans two levels. The open plan living and dining area spills out onto a private alfresco courtyard, the perfect spot to chill out with a glass of wine or have a BBQ with friends. And if you're looking for even more space to entertain, head up to the communal rooftop terrace. Superbly positioned, embrace the trendy atmosphere of nearby East End Village and enjoy being a few steps from specialty stores, restaurants and cafes, and the swish new QT Hotel. For a fix of nightlife wander to Civic Square, Darby Street or Honeysuckle or switch gears and stroll 10 minutes to Newcastle Beach or King Edward Park. Put simply, this pad is totally rad!

- Spacious open plan design with a courtyard for alfresco enjoyment
- Spacious Caesarstone kitchen with gas cooktop, electric oven, dishwasher

- Guest powder room with in-wall w/c and face level storage
- Two carpeted and robed bedrooms plus a study and shower bathroom upstairs
- Ducted air-conditioning keeps things comfortable
- Communal rooftop terrace with alfresco lounge and dining area
- Current Rental Return - $680 per week (Lease expires - 05/03/2024)

- Council Rates: Approx. $1,400 p/a.
- Water Rates: Approx. $690 p/a + usage.
- Strata Rates: Approx. $5,800 p/a.

Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

Property History for 106/123 King St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$840,000
19 May 2023
Listed for Rent
$680/w
21 Feb 2023
  • 19 May 2023
    Sold for $840,000
  • 20 Apr 2023
    Listed for Sale Guide $820,000 - $880,000
  • 21 Feb 2023
    Listed for Rent - Price not available
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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 5,102 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.
There are currently 34 properties listed for sale, and 12 properties listed for rent in Newcastle on OnTheHouse. According to CoreLogic's data, 288 properties were sold in the past 12 months in Newcastle.

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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.