OFF MARKET

16/75 Abbott Street
Wallsend NSW 2287

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 6642m2
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Property Details for 16/75 Abbott St, Wallsend

16/75 Abbott St, Wallsend is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 6642m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2012
Floor Size
60m2
Land Size
6642m2
Local Government
Newcastle
Lot/Plan
30/SP86276

Last Listing description (September 2023)

This exquisite top floor 2-bedroom unit is a true gem, offering a harmonious blend of contemporary design and convenient features. Step into the welcoming atmosphere of this beautiful home and be captivated by its modern charm. With a U-shaped kitchen featuring a dishwasher, an open plan dining and living area, and glass sliding doors that lead to the undercover balcony, this unit is designed to impress.

The kitchen boasts a sleek U-shape layout, providing ample counter space and storage options. Prepare delicious meals effortlessly while enjoying the convenience of modern appliances and a dishwasher, making cleanup a breeze.

The open plan dining and living room create a spacious and inviting ambiance, perfect for entertaining family and friends. The glass sliding doors lead to the undercover balcony, where you can relax, unwind, and enjoy the outdoors where you'll love hosting gatherings or simply savoring peaceful moments in this tranquil setting.

Need a dedicated workspace? Look no further. This unit also features a study nook, providing a convenient area to focus on work or pursue personal projects.

With the added convenience of an internal laundry, you'll have everything you need right at your fingertips. Both bedrooms feature built-in wardrobes, offering ample storage space and ensuring organization is a breeze.

Parking will never be a concern with a designated parking space provided, along with additional visitor parking within the development.

Located in a highly sought-after area, this unit presents an outstanding investment opportunity with a rental potential of $450-$470 per week. Alternatively, it is the perfect low-maintenance haven to call your own.

Situated in close proximity to Wallsend shops and cafes, you'll have an array of dining and shopping options right at your doorstep. Just 1km away, Jesmond Central Shopping Centre provides even more convenience. Newcastle University is a mere 2.5km away, making this unit ideal for students or staff. The renowned John Hunter Hospital is only 5.7km away, ensuring quick access to top-notch medical facilities. And when you're in the mood for sandy shores and vibrant city life, Newcastle CBD and beautiful beaches are just over 10km away.

Don't miss this opportunity to own or invest in a top floor 2-bedroom unit that offers modern living, convenience, and a prime location. Contact us today to arrange a viewing and secure your slice of paradise!

Strata rates: Approx $561.95 per quarter
Council Rates: Approx $342 per quarter
Water Rates: Approx $362.55 (inc usage)
Rental Appraisal: $450 - $470 per week

Property History for 16/75 Abbott St, Wallsend, NSW 2287

A timeline of how this property has performed in the market
Last Sold
$458,500
11 Aug 2023
Listed for Rent
11 Sep 2023
  • 11 Aug 2023
    Sold for $458,500
  • 21 Jun 2023
    Listed for Sale $460,000 - $470,000
  • 13 Jul 2021
    Listed for Rent - Price not available
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About Wallsend 2287

The size of Wallsend is approximately 13.5 square kilometres. It has 41 parks covering nearly 6.7% of total area. The population of Wallsend in 2011 was 12,308 people. By 2016 the population was 12,458 showing a population growth of 1.2% in the area during that time. The predominant age group in Wallsend is 20-29 years. Households in Wallsend are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wallsend work in a professional occupation. In 2011, 65.5% of the homes in Wallsend were owner-occupied compared with 61.2% in 2016.

Wallsend has 6,600 properties. Over the last 5 years, Houses in Wallsend have seen a 68.79% increase in median value, while Units have seen a 53.05% increase. As at 31 October 2024:

  • The median value for Houses in Wallsend is $775,654 while the median value for Units is $583,035.
  • Houses have a median rent of $590 while Units have a median rent of $545.
There are currently 15 properties listed for sale, and 13 properties listed for rent in Wallsend on OnTheHouse. According to CoreLogic's data, 290 properties were sold in the past 12 months in Wallsend.

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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.