SOLD
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Sold on 26 Jul 2024 for $1,600,000

55/7 King Street
Newcastle NSW 2300

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 127m2
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Property Details for 55/7 King St, Newcastle

55/7 King St, Newcastle is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2010. The property has a floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Newcastle in the last 12 months.

Building Type
Unit
Year Built
2010
Floor Size
127m2

Last Listing description (July 2024)

Experience the dream beachside lifestyle with all the perks of city living from the coveted McCaffrey wing of the 'The Royal' apartments. Just steps from Newcastle Beach, wake up to the soothing sounds of the ocean and watch whales pass by from your balcony in this stunning two-bedroom apartment.

Step into a large, beautifully lit open-plan living area where the ever-changing seascape immediately captivates. The kitchen, featuring ample storage and a Caesarstone-topped island bench, seamlessly serves the dining area. The expansive alfresco terrace, accessible from both the living space and second bedroom serves as a perfect setting for outdoor dining or unwinding after a swim or surf session. The world-class living experience doesn't end in your own apartment, as the resort amenities of a spa pool, gym and sauna await your pleasure.

Leave the car in the secure single parking space and explore the neighbourhood on foot. Stunning beaches and Newcastle Ocean Baths, King Edward Park, and of course the city's famed harbour are all at your fingertips. Choose a different café every day to grab your morning latte and as day transitions into night, bars, restaurants and entertainment venues are all around.

 Secure entry and lift access; secure parking space and 8m storage cage
 Spacious open plan living with large windows to capture the blue ocean views
 Caesarstone island kitchen, gas cooktop, under bench oven, dishwasher
 Alfresco balcony accessed via the living area and second bedroom
 Two fully tiled bathrooms with frameless glass showers and in-wall toilets
 Ducted a/c and ocean breezes keep you comfortable throughout the seasons
 Fully equipped gymnasium, heated spa pool and steam room
 200m from Newcastle Beach, 350m to light rail station at Pacific Park
 Short walk to East End Village Woolworths Metro, stores, eateries, QT Hotel

Expected Rental Income: $880 - $950 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 55/7 King St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$1,600,000
26 Jul 2024
Listed for Rent
$650/w
14 Aug 2018
  • 26 Jul 2024
    Sold for $1,600,000
  • 18 Jul 2024
    Listed for Sale Guide on Request
  • 08 Nov 2022
    Listed for Rent - Price not available
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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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Nathan Hunter
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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.