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Sold on 20 Dec 2024 - Price Unavailable

115-117 King Street
Newcastle NSW 2300

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 240m2
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Property Details for 115-117 King St, Newcastle

115-117 King St, Newcastle is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 240m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 4 bedroom House sold in Newcastle in the last 12 months.

Building Type
House
Land Size
240m2

Last Listing description (December 2024)

A rare opportunity to own a historic architecturally designed warehouse in the heart of Newcastle, offering an exceptional coastal lifestyle in a luxury loft style residence, with a charming ground floor commercial space.

Designed in 1899 by renowned architect Frederick Menkens, this unique property is the only known remaining inner-city fire station built for volunteer brigades. Winning a heritage architectural award in 2018, the stunning warehouse conversion designed by CKDS boasts an abundance of floor space for contemporary living. The north facing aspect fills the home with natural light, including the spacious stone terrace with plunge pool, making it the perfect outdoor space for entertaining or relaxing. A scarce addition to this urban oasis is the two-car garage, a rare find in this bustling quarter of the city.

About the building:

- Architect designed – Winner 2018 Australian Institute of Architecture Award – Heritage Architecture/King Street Adaptive Reuse
- Historic – Former 19th century Newcastle Central Volunteer Fire Station, designed by celebrated local architect Frederick Menkens
- Size – 488 sqm total floor space, including terrace, shed and garage (internal area 380 sqm)
- Aspect – north facing, delivering consistent natural light indoors and outdoors
- Location – in the heart of coastal Newcastle, tram – 300m, Newcastle beach – 800m, Honeysuckle – 1km, Newcastle Interchange – 2km. Stroll across the road to East End Village Woolworths Metro, cafes, restaurants
- Parking – 13.7m long tandem garage for two large cars and bike space
- Income – profitable ground floor commercial space with 3 x 3 year lease
- Zoning - B4 Mixed Use

The residence:
- 311 sqm floor space, including terrace, shed and garage (internal area 202 sqm)
- Four/five bedrooms and a home office
- Vast 22-foot ceilings, with exposed timber beams and trusses, original tallowwood floors
- New bespoke kitchen, laundry and mudroom by Urban Joinery
- Two marble finished bathrooms, one with freestanding bath
- Ducted a/c in all rooms and new Escea freestanding wood fireplace
- Large master bedroom, with walk in robe and balcony
- 50 sqm north-facing limestone terrace, with sleek plunge pool and built in stainless BBQ
- Separate workshop

The commercial space:
- 177 sqm floor space, including mezzanine
- Kitchen, plus two bathrooms, one with shower
- Vast 4 metre ceilings, with exposed steel beams and vintage brickwork
- Polished flooring
- 3 x 3 year lease - year 1 $50k pa, year 2 $55k pa, year 3 $60k pa + GST

Outgoings:
Water: *$1516 pa + usage (2 dwellings combined)
Council: *$6,200 pa
* Approximates only

(We have obtained all information used in the preparation of this document from third party sources however, we cannot guarantee the accuracy or currency of this information. Prospective purchasers and their advisors are advised to carry out and rely on their own enquiries and investigations in relation to the information in this document and the property it concerns.)

Property History for 115-117 King St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
20 Dec 2024
Listed for Rent
$1.05k/w
14 Jul 2022
  • 20 Dec 2024
    Sold
  • 27 Sep 2024
    Listed for Sale $3,500,000 - $3,800,000
  • 28 Mar 2022
    Listed for Rent $55,000 / year
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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 5,157 properties. Over the last 5 years, Houses in Newcastle have seen a 30.38% increase in median value, while Units have seen a 34.90% increase. As at 31 December 2024:

  • The median value for Houses in Newcastle is $1,586,585 while the median value for Units is $941,146.
  • Houses have a median rent of $750 while Units have a median rent of $695.
There are currently 32 properties listed for sale, and 23 properties listed for rent in Newcastle on OnTheHouse. According to CoreLogic's data, 278 properties were sold in the past 12 months in Newcastle.

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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.