Back 52/7 King St
Off Market

52/7 King St

Newcastle NSW 2300

1
1
1
Unit
Last sold for $591,000
Andrew KaprilianAndrew Kaprilian, last sold this property on 16 May 2018 after 61 days on market.

Overview

Stylish Apartment Living with Ocean Views

Positioned just a minutes walk from stunning Newcastle Beach, this 1 bed apartment is your ticket to a laidback inner city lifestyle! Equipped with all of the essentials for easy care-free living, the modern apartment presents generous dimensions enhanced by a glorious private balcony affording stunning beach and city views. Boasting fast and easy access to Newcastle's famous beaches, renowned cafe & restaurant culture, nightlife venues and the stunning harbourfront promenade, the apartment's sought after location offers total immersion within the famous 'Newy' lifestyle. A professional's CBD nest, an inner city weekender or upmarket student accommodation, this quality property would make a lucrative high growth addition to your portfolio. - Modern 1 bed apartment - Approx. 55m2 of total floor space (including balcony) - Sleek straight-line kitchen with stainless steel appliances & gas cooktop - Generous bedroom space with triple mirrored built-in robe - Elegant main bathroom appointed with frameless shower screen, floor-to-ceiling tiles, mirrored overhead cabinets for storage & quality chrome fixtures - Private balcony with elevated beach and city views & frosted privacy glass - Neutral colour palette, downlights & ducted air conditioning throughout - Internal European style laundry - Shared facilities include gym, sauna & outdoor entertaining area - Single secure car space 14m2 & 19m2 storage cage situated behind a security door, also has lockable cage for extra peace of mind (Cage leased at $62.50 per week) - Strata Levies approx. $750 per quarter

Features

1 bedroom
1 bathroom
1 carspace
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Newcastle over the last 12 months, the estimated median property value of 52/7 King St is $660k.

Median value
$660k
Estimated value range
$510k - $1.27m
Median days on market
33
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Newcastle. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 52/7 King St

2018
Sold
$591,000
16 May 2018 by Andrew Kaprilian, of CREER

Happy sellers in Newcastle

86%
86% 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 46 reviews in Newcastle over the last 12 months.

Local market activity for 1 bedroom units in Newcastle

In the last 12 months, 9 one-bedroom units similar to 52/7 King St, have been sold.

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