Move fast to secure this great investment opportunity or first home in the charming landmark ‘The Moorings’ building of studio apartments. Originally built in 1935 for single men working in BHP this apartment is positioned in the heart of Newcastle CBD.
Property features:
* Spacious top floor studio apartment with city views
* Open plan living includes a built-in wardrobe
* Tidy kitchen and bathroom
* North facing windows provide plenty of natural light
* Quiet location above King Street
* Excellent rental return $210 per week with opportunity to improve value
This studio apartment presents a rare amazing value buy for investors, first home buyers or downsizers to buy right in the heart of Newcastle at such an affordable price. Call today to inspect!
Stroll to everything Newcastle has to offer, beaches, harbour, cafes, parks, transport and endless dining and entertaining.
250m Darby Street retailers, cafes, pubs and restaurants
450m Civic Light Rail and Theatre
600m NeW Space, The University of Newcastle
1km Honeysuckle Drive waterside activities, restaurants and bars
1km King Edward Park
1.3k Newcastle Foreshore
1.8km Bar Beach
2.0km Marketown Shopping Centre
2.1 The Junction Shopping Precinct
2.6km Dixon Park and recreational activities
3.3km Merewether Surf House
Outgoings:
Strata Levies $977.30 per quarter
Council rates $300.00 per quarter
Water rates $266 per third including usage