SOLD
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Sold on 24 Oct 2024 for $1,025,000

504/111 Scott Street
Newcastle NSW 2300

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 92m2
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Property Details for 504/111 Scott St, Newcastle

504/111 Scott St, Newcastle is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Newcastle in the last 12 months.

Building Type
Unit
Floor Size
92m2

Last Listing description (October 2024)

Auction Location: 2/16 Telford Street, Newcastle East & Live via Buy.Realtair.com

Enjoy the vibrancy of city living at the historic Terminus Apartment Hotel, perfectly situated opposite the heritage-listed Newcastle Station. Tucked away on the fifth floor, this two-bedroom, two-bathroom gem with parking boasts uninterrupted views of Newcastle's iconic harbour. From Nobbys Headland to Port Stephens, the panorama is dazzling by day and sparkling by night. It's easy to imagine relaxing on the north-facing balcony, soaking in this breathtaking vista.

Living here means embracing the best of Newcastle. Take a short stroll to Nobbys or Newcastle Beach for an invigorating surf or a few laps in the ocean baths. A plethora of cafes and restaurants on the doorstep offer everything from casual bites to fine dining. Plus, with the tram stop just a step away, your commute to Sydney couldn't be easier, whether you're heading out for business or pleasure.

And there's flexibility in how you enjoy this prime location. Move in and make it your city sanctuary or consider the potential of renting it out. Opt for long-term leases or tap into the lucrative short-stay market. Managing it yourself or partnering with Choice Hotels through the Terminus's existing arrangement—both are seamless ways to maximise this incredible investment. Whatever you choose, the Terminus Apartments promise a lifestyle as dynamic as its setting.

 Secure building with lift access, keyless entry to apartment
 Bright open plan living connects to balcony with dazzling harbour and coastal views
 Caesarstone island kitchen, gas cooktop, under bench oven, dish drawer, study nook
 Two bedrooms with mirrored robes, one connects to second balcony, other with ensuite
 Second bathroom with shower, Euro laundry, secure parking spot
 Stroll to harbour foreshore, Nobbys Beach, Newcastle Beach, light rail stop

Outgoings:
Council Rates: $1,608 approx. per annum
Water Rates: $757.56 approx. per annum
Strata Rates: $2,300 approx, per quarter

Expected Rental Income: $720 - $730 per week

Disclaimer:
All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.

Property History for 504/111 Scott St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$1,025,000
24 Oct 2024
  • 24 Oct 2024
    Sold for $1,025,000
  • 02 Oct 2024
    Listed for Sale $900,000 Friendly Auction
  • 29 Jun 2012
    Sold for $550,000

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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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Chasse Ede
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Rachel Ellis
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Presence Newcastle, Lake Macquarie, Central Coast & Hunter
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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.