OFF MARKET

6/55 Hunter Street
Newcastle NSW 2300

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 107m2
Land area: 376m2
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Property Details for 6/55 Hunter St, Newcastle

6/55 Hunter St, Newcastle is a 2 bedroom, 1 bathroom Unit and was built in 1920. The property has a land size of 376m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
1920
Floor Size
107m2
Land Size
376m2
Local Government
Newcastle
Lot/Plan
6/SP53607

Last Listing description (August 2023)

This imposing sandstone building was built for Australian Mutual Provident (AMP) in 1930 as part of a group of bank and insurance buildings constructed in Newcastle CBD between 1910 and 1930 transforming the streetscape of Hunter Street. Now occupied by several commercial tenants, the building's crowning glory is this sixth-floor penthouse apartment and its sensational rooftop terrace delivering cinematic views and a distinct New York feel or a sophisticated European vibe.

Come and live an uber cool inner-city lifestyle in this exceptional two-bedder that makes an instant impact with its quality renovation, fresh bright interiors, and great lifestyle location in one of the hottest parts of town. Private and secure, the apartment's north/south aspect gifts sensational views of some of Newcastle's famed landmarks including King Edward Park, Nobbys headland and the working harbour, while coastal vistas stretch as far as Anna Bay.

Like a cool bar in one of the world's best cities with uninterrupted views of its landmarks, the rooftop terrace is an entertainer's haven. Offering approximately 84sqm of alfresco space there's plenty of room for dining, relaxing and enjoying a chilled glass of your favourite tipple with friends on a warm summer evening. You may of course choose to use the DA approved plans to add a third bedroom in this magnificent spot.

The location of this unique building among Hunter Street's rich collection of art galleries, heritage, commercial, residential, retail and hospitality venues is an urban paradise. Within walking distance of the pulse of city life, on the cusp of the new East End precinct transforming the west end of Hunter Street Mall, and steps to the city's harbour foreshore and world-class beaches.

- Zoned B4 ? Mixed Use allowing you to run your business from here
- 10ft ceilings and crisp neutral d?cor enhances the sense of space throughout
- Spacious lounge room and separate dining and electric -equipped kitchen
- Two spacious bedrooms with new built-in robes, one with new carpet, views to King Edward Park
- Bathroom/laundry with remote skylight
- Decked alfresco entertaining terrace with shade-sail and city, harbour and coastal views
- Options to take over the 12mth lease of a rented garage on King St. for $155pm
- Stroll to Woolies Metro for shopping, eateries galore and the beach and harbour
- Live in as is or use the DA approval to utilise part of the terrace and create a third bedroom

Outgoings:
Council rates - $357 approx. per quarter
Water Rates - $210.11 approx. per quarter
Strata rates - $1,802.32 approx. per quarter

This property is being sold under the Online Friendly Auction System.

An independent strata report is available on request at no charge to you. This is the type of report your solicitor would usually recommend purchasing before bidding at an auction or before making an unconditional offer prior to auction and are conducted by a panel of reputable companies. The companies have consented to friendly auction terms and will generally be happy to speak to you about your queries in reports and in most cases transfer the reports into your name if you are the successful buyer at auction or prior to auction: see each report for details.

Flexible deposit and settlement conditions are also available by negotiation with the agent if required.
Offers can also be made prior to auction and each offer will be assessed on its merits.

Live streaming auction. Bid and buy with confidence in this consumer driven, transparent auction system that was pioneered here in Newcastle but is now in use across Australia. We also have a downloadable guide available on our website.

**Health & Safety Measures are in Place for Open Homes & All Private Inspections

Disclaimer:
All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.

Property History for 6/55 Hunter St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$1,300,000
10 Oct 2022
  • 07 Jun 2023
    Listed for Sale Not Disclosed
  • 21 Nov 2022
    Listed for Sale Selling $1,300,000
  • 10 Oct 2022
    Sold for $1,300,000
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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 5,157 properties. Over the last 5 years, Houses in Newcastle have seen a 30.38% increase in median value, while Units have seen a 34.90% increase. As at 31 December 2024:

  • The median value for Houses in Newcastle is $1,586,585 while the median value for Units is $941,146.
  • Houses have a median rent of $750 while Units have a median rent of $695.
There are currently 31 properties listed for sale, and 21 properties listed for rent in Newcastle on OnTheHouse. According to CoreLogic's data, 278 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.