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206/111 Scott St

Newcastle NSW 2300

1
1
52 m²
Unit
Currently for sale - view listing

Overview

A fully managed investment in the heart of Newcastle

Secure a fully managed investment in the heart of Newcastle CBD. Owners can enjoy a genuine set and forget investment in one of Newcastle's most sought after locations. Located within the heritage listed Terminus Apartment Hotel and professionally managed by the Aden Hotels Group, this one bedroom apartment presents a low maintenance investment opportunity, with investors having the flexibility to choose between a leaseback arrangement or participation in the hotel's pooled letting system. Positioned on the second floor, the apartment enjoys soft northerly light, soaring three metre ceilings and a charming outlook across the former Newcastle Station and Customs House. The open plan layout makes excellent use of the space, featuring a sleek single line kitchen, generous bedroom with built in robe, internal laundry and a practical bathroom with shower. Offered exclusively as an investment, this apartment forms part of the professionally managed hotel accommodation pool and is not available for owner occupation. Owners can enjoy a low maintenance investment, with the hotel operator managing guest bookings and day to day operations. Step outside and you're in the heart of it all. The Station hosts regular markets and community events, cafés, restaurants and bars are moments away, while Newcastle Beach and Nobbys Beach are an easy walk for a swim, surf or coastal stroll. The harbour foreshore and Honeysuckle precinct are also within easy reach. •⁠ ⁠Well appointed one bedroom apartment with split system air conditioning, built in robe, internal laundry and modern kitchen with electric cooktop, under bench oven and dish drawer •⁠ ⁠Prime CBD location moments from Newcastle Beach, Nobbys Beach, cafés, restaurants and the harbour foreshore •⁠ ⁠Two investment strategies available, including a leaseback arrangement or participation in the hotel's pooled letting system •⁠ ⁠Investment only with no owner occupation permitted •⁠ ⁠Option to purchase fully furnished •⁠ ⁠Appealing opportunity for Self Managed Super Fund investors •⁠ ⁠Strata levies approximately $1,450 p.q. Disclaimer: Disclaimer: All information provided by Wilton Lemke Stewart in the marketing of a property for sale or lease has been sourced from various third-party outlets that we deem reliable. Nonetheless, Wilton Lemke Stewart cannot ensure its absolute accuracy, and we bear no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements in the information provided. Prospective buyers and tenants are encouraged to conduct their own due diligence and rely on their own investigations. All images, measurements, diagrams, renderings, and data are indicative and for illustrative purposes only, subject to potential changes.

Features

1 bedroom
1 bathroom
52 m² floor area
Unit

Property history for 206/111 Scott St

2012
Sold
Undisclosed
01 May 2012

Happy sellers in Newcastle

85%
85% of sellers in Newcastle reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 37 reviews in Newcastle over the last 12 months.

Local market activity for 1 bedroom units in Newcastle

In the last 12 months, 8 one-bedroom units similar to 206/111 Scott St, have been sold.

This represents a 28% increase in one-bedroom units sales when compared to the previous 12 months.

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