606/77 Shortland EsplanadeNewcastle NSW 2300
Property Details for 606/77 Shortland Esp, Newcastle
606/77 Shortland Esp, Newcastle is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 1437m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Last Listing description (August 2023)
Taking full advantage of its superb oceanfront position, just a few barefoot steps to the beach, this lucky lifestyle one-bedder is what Newcastle dreams are made of. Uninterrupted vistas of rolling surf, the annual whale migration, ships waiting to get into the city's busy harbour, daily sunrises, and keen surfers catching a wave, there's always something to catch your eye from this sixth floor Arena apartment.
Inside is all about simple, lock and leave convenience so that your free time can be spent enjoying everything that's at your door. Seaside cafes, wine bars, Newcastle Ocean baths, and stunning coastal walks will become part of your everyday as soon as you move in. Evoking that holiday-at-home feel, take a pew at the custom bar overlooking the beach and new skate park, or if it's a dose of vitamin D you want, head out to the sheltered alfresco terrace and relax in the sunshine. Contemporary finishes span the open plan apartment with a streamlined Caesarstone kitchen, fully tiled bathroom with Euro laundry, and a handy study desk to work from home. A single car space and storage cage add the finishing touches.
A great opportunity for the astute investor too with a tenant currently on lease and where the long-term capital growth potential is ensured by the five-star coastal location.
-Sixth floor 'Arena' apartment footsteps from Newcastle Beach and ocean baths
- Bright open plan design with ducted a/c, study desk and custom bar
- Kitchen with Caesarstone benchtops, gas cooktop, electric oven, and dish drawer
- Generously sized bedroom with mirrored robe and block out curtains
- Two-way shower bathroom with face-level storage and Euro laundry
- Balcony with sliding louvre shutters to relax, entertain or take in the views
- Handy storage cage to safely stow bikes, surfboards, tools and equipment
- Stroll to Liquid Gold, Bar Petite, Bocados, East End Ice Creamery, Beach Kiosk, Scotties and Estabar
- Readymade investment currently returning $560 per week
Outgoings:
Council rates - $341.00 approx. per quarter
Water Rates - $210.68 approx. per quarter
Strata rates - $1,200.45 approx. per quarter
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Property History for 606/77 Shortland Esp, Newcastle, NSW 2300
- 14 Jun 2023Listed for Sale Not Disclosed
- 22 Mar 2022Sold for $823,500
- 05 Mar 2022Listed for Sale Under Offer
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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.
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