Best of both world’s right here – escape to your own beach side retreat one week, enjoy impressive rental returns the next!
Modern Newcastle Beach studio apartment with extensive north facing city, harbour and beach views. Walk to beach, cafes, restaurants, shops, cinema, public transport. Ideal weekend retreat to enjoy the beachside lifestyle or take advantage of very impressive income potential.
NET Income (after agent fees & strata/water/council rates) –
July 2012 – Jun 2013 = $19,961.22
July 2014 – Jun 2014 = $23,005.65
July 2014 – Jun 2015 = $18,756.00
*Income statements available on request.
Outgoings –
Water Rates – $157.00/qtr
Council Rates – $224.00/qtr
Strata Rates – $493.00/qtr
- North facing city, harbour and beach views through floor-to-ceiling windows
- Secure building in sought-after CBD beach location
- Galley kitchen with stone bench tops, gas cooking and dishwasher
- Bathroom with walk-in shower, plus hideaway laundry with washer/dryer
- Mirrored built-in robe, split-system air conditioning and lift access
- Access to a stylish ground floor common room for business or low-key social meetings
- Secure underground shared motorbike space and bicycle lock-up
To arrange your inspection call our selling agent Sam Kolatchew today.
*Chapman Property have obtained all information in this description from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are
advised to carry out their own investigations.