SOLD
Sold on 25 Mar 2024 for $2,050,000

2/1 King Street
Newcastle NSW 2300

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Property Details for 2/1 King St, Newcastle

2/1 King St, Newcastle is a 2 bedroom, 2 bathroom Unit and was built in 2010. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Newcastle in the last 12 months.

Building Type
Unit
Year Built
2010
Local Government
Newcastle
Lot/Plan
2/SP83376

Last Listing description (March 2024)

Unique & Bespoke Beach Apartment

Perched over the Pacific Ocean you'll be completely immersed in the magic of the sea with limitless panoramic views and the acoustics of crashing waves. Spanning the entire length of this generous two-bedroom apartment are ceiling to floor windows and an ocean front terrace which provides direct beach access and breathtaking views of Newcastle beach and the recently revitalised ocean baths. This world class location delivers the city's best cafes, bars, and restaurants right to your fingertips, yet the height of this apartment is being able to watch the waves crashing, the dolphins playing and the whales migrating from your couch.

This luxurious beachfront apartment is part of the exclusive Royal Apartments complex and has been ingeniously designed so that every section of this unit can capitalise on its ocean views. The open plan living features an expansive full mirrored wall creating 360-degree views inside. A gourmet kitchen takes centre stage with a large island bench perfect for entertaining and floor to ceiling cabinetry for ample storage, Miele appliances and built-in wine fridge. Both bedrooms are fitted with built-ins, ceiling fans and plantation shutters, while the master suite includes a full ensuite with separate bath and shower. As you would expect with this premium address, the apartment comes with ducted air-conditioning throughout, audio-visual intercoms, internal secure access from the complex, a fully equipped gym, spa and sauna and your own private car space.

Checking the surf conditions, watching the sunrise and morning swims become a lifestyle. You will never tire of the ever-changing sky during sunrise and storms. Watching ships cruise into the harbour is surprisingly soothing and being situated right between Newcastle City and Newcastle Beach, life here is as good as it gets: cafes, restaurants, transport, shops, early morning swims, peaceful walks.

- Two bedrooms, two-bathroom apartment facing Newcastle beach with panoramic views
- Situated in the iconic Royal Apartments between Newcastle City and Newcastle Beach
- Entertainment terrace adjacent to Newcastle Beach with private access gate directly to the beach
- High-end finishes throughout including ducted air-conditioning
- Open plan living space taking in magnificent view of Newcastle Beach

Property History for 2/1 King St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$2,050,000
25 Mar 2024
  • 25 Mar 2024
    Sold for $2,050,000
  • 26 Feb 2024
    Listed for Sale $2,050,000
  • 09 Jun 2022
    Listed for Rent $750 pw
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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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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.