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Sold on 15 Jan 2024 for $811,000

706/75 Shortland Esplanade
Newcastle NSW 2300

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 706/75 Shortland Esp, Newcastle

706/75 Shortland Esp, Newcastle is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Apartment sold in Newcastle in the last 12 months.

Building Type
Apartment

Last Listing description (January 2024)

Kickstart your day with a refreshing ocean swim or surf. Alternatively, embrace the invigorating coastal vibes with a leisurely stroll through King Edward Park to the Anzac Memorial Walk or head the other way to The Breakwall and watch the sun rise over the water. With the beach across the street and a choice of seaside cafes at the doorstep, at 'Arena,' the vibe is all about that fantastic, never-ending holiday feeling.

Step inside, and you'll be wowed by this two-bedder's incredible-by-day and sparkling-by-night city and harbour views, and stunning nightly sunsets over Mount Sugarloaf. The open plan layout, top-notch fixtures, and an enclosed balcony create a modern, hassle-free living experience that leaves nothing to be desired. With ducted air conditioning, a secure parking spot, storage cage, bicycle parking, and beach showers, this apartment is the whole package.

Arena apartments are easy to love, exceptional to live in and effortless to rent out. Make this one yours today!

- Seventh floor 'Arena' apartment with secure entry and lift access
- Picture windows optimise views over the city and harbour as far as Mount Sugarloaf
- Enclosed balcony with exterior sun louvres and views makes a great dining area
- Open plan living with new hybrid flooring
- Contemporary kitchen with Fisher & Paykel gas cooktop, oven and dishwasher
- Both bedrooms with quality carpet and mirrored built-in robes
- Shower bathroom with floor to ceiling tiling plus Euro laundry
- In a current lease till September 2024 at $640 a week making it and incredible investment
- Walk to the city and harbour location with a secure car space to travel further afield
- Enjoy sand, surf, great local cafes and restaurants and coastal walkways all on the doorstep

Outgoings:
Council: *$1,488pa
Water: *$735pa + usage
Strata: *$5,744pa
* approximates only

(We have obtained all information used in the preparation of this document from third party sources however, we cannot guarantee the accuracy or currency of this information. Prospective purchasers and their advisors are advised to carry out and rely their own enquiries and investigations in relation to the information in this document and the property it concerns.

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Property History for 706/75 Shortland Esp, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$811,000
15 Jan 2024
Listed for Rent
$640/w
29 Aug 2023
  • 23 Dec 2023
    Sold for $811,000
  • 11 Aug 2023
    Listed for Rent $640 / week
  • 17 Oct 2022
    Listed for Rent $620 / week

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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.

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