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Back 1/40 Parkway Ave
Off Market

1/40 Parkway Ave

Bar Beach NSW 2300

2
1
Apartment
Last sold for $715,000
Daniel McMahonDaniel McMahon, last sold this property on 11 August 2025 after 54 days on market.

Overview

Surf and Art Deco Dream

A coveted ground floor beach apartment in an iconic Art Deco building; this is where city vibes blend with surf and sand. It is hard to imagine a better location on the entire East Coast; where else are you within 10 min of the CBD, 5 min of uber-chic cafes, restaurants and boutiques, and just a 350m stroll to the most island-like swimming spot? This is where you wake up and run your surfboard down for a morning wave before a yoga class or a coffee overlooking the water. This is where you make friends with your neighbours and toast the sunset on the hill overlooking the ocean. One of Newcastle's most desired beachside enclaves, this is a must-see for those looking for the perfect Bar Beach opportunity. Investments like this - where character, location, and potential align - are rare: - Excellent tenant in place and a rental income of $650 per week. - High ceilings, picture rails, timber floors and full brick build exude century-old quality. - Sought-after ground floor apartment which will appeal to retirees or small families in the future. - Contemporary eat-in kitchen with handy access to the outdoors - 2 spacious bedrooms, master with air-conditioning and built-in-robe - Roomy and light-flooded living zone - Original art deco bathroom with bathtub and pedestal basin. - Shared laundry and courtyard Location: Just 350m to Bar Beach, 500m to The Junction Shopping Centre, 800m to Darby Street boutique shopping and dining, less than 1.5km to the CBD. Lifestyle: Enjoy a morning swim or surf at the beach, before a coffee at Hubro or picking up an acai bowl on the way back home. Weekends you will love doing your groceries at the stunning Cooks Hill Harris Farm (80m) before walking to dinner with friends at Merewhether, Darby Street or The Junction (all within 2km)

Features

2 bedrooms
1 bathroom
Apartment

Estimated Value

We need at least 3 similar 2 bedroom apartments sold in Bar Beach over the last 12 months.

Property history for 1/40 Parkway Ave

2025
Sold
$715,000
Private Sale/Treaty on 11 Aug 2025 by Daniel McMahon, of Homeinthehunter
2025
Rented
Undisclosed
Leased on 18 Mar 2025 by Wilton Lemke Stewart
2023
Sold
$691,000
27 Sep 2023 by Dave Lane, of LaneCampos Property

Happy sellers in Bar Beach

90%
90% of sellers in Bar Beach reported that their sale price either exceeded or met their price expectations.

Bar Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Bar Beach over the last 12 months.

Local market activity for 2 bedroom apartments in Bar Beach

In the last 12 months, 1 two-bedroom apartment similar to 1/40 Parkway Ave, have been sold.

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Amanda Langlands

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