SOLD
Sold on 01 Aug 2024 for $1,800,000

15/55 Shortland Esplanade
Newcastle East NSW 2300

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 132m2
Land area: 1594m2
Sold By
Colliers Newcastle
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Property Details for 15/55 Shortland Esp, Newcastle East

15/55 Shortland Esp, Newcastle East is a 3 bedroom, 2 bathroom Unit and was built in 1983. The property has a land size of 1594m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom Unit sold in Newcastle East in the last 12 months.

Building Type
Unit
Year Built
1983
Floor Size
132m2
Land Size
1594m2
Local Government
Newcastle
Lot/Plan
15/SP20750

Last Listing description (August 2024)

Affordable direct beach frontage is offered by this three-bedroom apartment located in the very popular "Tyrrell Towers" building directly opposite Newcastle Beach.

Experience the best of beach living in this third-floor apartment, complete with 180-degree views of Newcastle Beach. From the enclosed glass sunroom, enjoy your morning coffee or breakfast while watching our world class surfers and dolphins enjoy the waves, or simply marvel at seasonal whale migration.

Stunning sunrises and the full range of coastal amenities make this property a must-see for anyone seeking a beach home or investment. The apartment has been recently painted and features a modern kitchen, although the bathroom, ensuite, and floor coverings remain original. This blank canvas provides an ideal opportunity for renovation as it will be challenging to overcapitalize in this prime location.

Coffee shops are some 50m from the buildings foyer, while the CBD and many restaurants and cafes are only moments away that all combining to create the ultimate coastal dream lifestyle.

ADDITIONAL BENEFITS
* Magnificent uninterrupted view of Newcastle Beach
* Spacious dining and living areas all enjoying beach views
* Bedrooms with built-in robes all enjoying beach views
* Main bedroom enhanced by ensuite
* Recently painted throughout with modern kitchen
* Double tandem security carparking and storage lock

* Council Rates: $1,560.00* PA
* Water Rates: $639.00* PA + Usage
* Strata Levies: $10,836.00* PA
* Rental: $1,100.00 - $1,200.00* PW

*Approx.

Property History for 15/55 Shortland Esp, Newcastle East, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$1,800,000
01 Aug 2024
  • 01 Aug 2024
    Sold for $1,800,000
  • 24 Jul 2024
    Listed for Sale $1,800,000
  • 17 Jun 2019
    Sold
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About Newcastle East 2300

The size of Newcastle East is approximately 0.4 square kilometres. It has 8 parks covering nearly 64.2% of total area. The population of Newcastle East in 2011 was 990 people. By 2016 the population was 1,024 showing a population growth of 3.4% in the area during that time. The predominant age group in Newcastle East is 50-59 years. Households in Newcastle East are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Newcastle East work in a professional occupation. In 2011, 37.6% of the homes in Newcastle East were owner-occupied compared with 45.6% in 2016.

Newcastle East has 726 properties. Over the last 5 years, Houses in Newcastle East have seen a 46.81% increase in median value, while Units have seen a 41.28% increase. As at 30 November 2024:

  • The median value for Houses in Newcastle East is $1,813,296 while the median value for Units is $1,185,011.
  • Houses have a median rent of $875 while Units have a median rent of $755.
There are currently 3 properties listed for sale, and no properties listed for rent in Newcastle east on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in Newcastle east.

Suburb Insights for Newcastle East 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.