40/7 King StreetNewcastle NSW 2300
Property Details for 40/7 King St, Newcastle
40/7 King St, Newcastle is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 212m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Newcastle in the last 12 months.
Last Listing description (December 2023)
The spectacular coastal and working harbour vistas sweeping across the historic Newcastle East skyline to Fort Scratchley, Nobby's headland, Stockton and beyond are truly breathtaking from this apartment.
Offering a premium northeast 15th floor position in the iconic McCaffrey building in the Royal development, this sub penthouse apartment showcases the very best panorama our city can offer. No photos or video can replicate the overwhelming feeling you experience when visiting this apartment.
The first thing to be fully appreciated upon inspection of this building and residence, is not only the unrivalled spectacular views it offers, but the quality of construction and sheer presence of the building, as you will find no better in the city.
The living, kitchen and dining zones are enhanced by timber flooring creating an inviting warm feeling. These areas seamlessly access a glass and operable louvred balcony, providing the perfect all weather entertaining area to enjoy glorious views by day as well as a magical light show by night.
A Caesar stone Island kitchen enhanced by Miele appliances provides the central hub of the residence where you will find no better view to inspire your inner chef.
Three spacious bedrooms, main with ensuite and large robe, all enjoy views to wake up to of a morning, or fall to sleep with by night. Additionally there is a resident access plunge pool, steam room, and fully equipped gym. Double car accommodation plus two storage areas offering an abundance of storage space leaving you wanting for nothing, in what will be your dream apartment.
Given there has been further evolution of the city since the buildings construction in 2010, there is now an abundance of cafes and restaurants all close by, and its blessed location is only moments from Newcastle and Nobby's beach, so one can fully immerse themselves in a carefree coastal lifestyle.
This is a rare opportunity to secure a magnificent apartment in this coveted building and an inspection is sure to impress!
Council Rates: $1730.45 P/A
Water Rates: $735.99 P/A
Strata Rates: $25,842.48 P/A
* All details have been verified at the time of writing
Property History for 40/7 King St, Newcastle, NSW 2300
- 20 Mar 2024Sold for $5,000,000
- 20 Nov 2023Listed for Sale Price Guide $4,750,000
- 11 Aug 2023Listed 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 5,100 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.
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