OFF MARKET

12/60 King Street
Newcastle NSW 2300

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 107m2
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Property Details for 12/60 King St, Newcastle

12/60 King St, Newcastle is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 107m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
2019
Floor Size
90m2
Land Size
107m2
Local Government
Newcastle
Lot/Plan
17/SP98863

Last Listing description (October 2023)

Positioned on the ground floor and thoughtfully designed with a spacious open plan layout, this two-bedder in the 'Herald Apartments' complex combines a delightful modern sensibility with superb quality and contemporary features, marking the end of your quest for the perfect city retreat. From the spacious lounge/dining area, step out onto a sheltered terrace for relaxation or entertaining, enjoying a view over King Street, while inside, the Caesarstone galley kitchen is equipped with quality Blanco appliances. The generously sized bedrooms, complete with mirrored robes, share a fully tiled bathroom, adding to the apartment's allure. For your convenience, there's a Euro laundry, a dedicated parking space, and a storage cage, tying everything together seamlessly. With convenience at your doorstep, you'll find the beach just a stone's throw away, a plethora of cafes, bars, and restaurants surrounding the area, and the picturesque harbour foreshore a mere five-minute stroll from home. Alternatively, immerse yourself in the breathtaking sights of Newcastle from the rooftop terrace of the Herald.

- Spacious open plan living with plush carpet, air-conditioning, balcony access
- Caesarstone kitchen with gas cooktop, electric oven, semi-integrated dishwasher

- Both bedrooms fitted with built-in robes, one opens to balcony
- Fully tiled bathroom with frameless glass shower, face level storage
- Ducted a/c keeps things comfortable year round
- Secure building, basement parking space with storage cage
- Communal rooftop terrace offering panoramic harbour and coastline views

- Readymade investment with rental potential of $650 per week
- Short term leasing also permitted
- Strata Levies are approximately $5,776 per year
- Council rates are approximately $1400 per year
- Water rates are approximately $694 per year

Disclaimer: 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.

Property History for 12/60 King St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$785,000
13 Sep 2023
Listed for Rent
$675/w
03 Oct 2023
  • 13 Sep 2023
    Sold for $785,000
  • 08 Sep 2023
    Listed for Rent $630 / week
  • 18 Jul 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 5,102 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.