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5/199 King St

Newcastle NSW 2300

1
1
Unit
Currently for sale - view listing

Overview

Art Deco studio with the best of Newcastle reached on foot

Sitting proudly above King Street since the 1930s, The Moorings is a handsome Art Deco residential building, rich in heritage character and local history. Designed by renowned Newcastle architect John Oldham and originally built to accommodate BHP's bachelor workers, it now offers an affordable opportunity to secure a foothold in one of the city's most walkable neighbourhoods. Comfortable as is, the north-facing studio features an integrated kitchen, a fully tiled bathroom, generous storage and a large picture window that welcomes natural light. Many apartments within The Moorings have already been thoughtfully modernised, offering inspiration for a cosmetic refresh or contemporary renovation that could add instant value while complementing the building's enduring Art Deco character. Step outside and you're moments from a gourmet sandwich at Arno Deli, the latest release at Tower Cinemas, exhibitions at Newcastle Art Gallery, picnics in Civic Park and the cafés, bars and restaurants of Darby Street. The harbour foreshore, Honeysuckle and Newcastle's beaches are all within an easy stroll, making this an address where the best of the city is always close at hand. -The 18-apartment building is an excellent reflection of early apartment living during the inter-war period -An ideal first home or investment in a tightly held landmark building -Kitchen with an electric stove -Bathroom with shower and space for washing machine -University of Newcastle city campus – 450m, Civic Theatre – 550m -East End Village – 650m, Honeysuckle – 900m, Newcastle Beach – 1.2km * This information, including but not limited to photographs (which may show boundaries), copywriting, floorplans, and site plans, has been prepared solely for the purpose of marketing this property. While all care has been taken to ensure accuracy, we do not accept any responsibility for errors, omissions, or inaccuracies. We strongly recommend that all interested parties make their own enquiries and seek independent advice, including speaking with their conveyancer regarding boundaries and, where appropriate, obtaining a surveyor's report, to verify the information provided.

Features

1 bedroom
1 bathroom
Unit

Property history for 5/199 King St

2018
Sold
$240,000
26 Apr 2018 by Michael Flook, of Robinson Property
2017
Rented
Undisclosed
Leased on 19 Dec 2017 by Robinson Property
2017
Rented
Undisclosed
Leased on 19 Dec 2017 by Robinson Property

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86% of sellers in Newcastle reported that their sale price either exceeded or met their price expectations.

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Local market activity for 1 bedroom units in Newcastle

In the last 12 months, 8 one-bedroom units similar to 5/199 King St, have been sold.

This represents a 37% increase in one-bedroom units sales when compared to the previous 12 months.

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