Back 703/77 Shortland Esplanade
Off Market

703/77 Shortland Esplanade

Newcastle NSW 2300

1
1
1
0 m²
64 m²
Apartment
Liam CromartyLiam Cromarty, last sold this property on 08 July 2025 after 222 days on market.

Overview

Pinnacle of Apartment Living at Arena Apartments - High-Yield Investment Opportunity

Welcome to Arena Apartments, where luxury meets high-yield investment. This premium unit offers not just breathtaking ocean views but also a proven short-term rental income stream across Airbnb, VRBO/Stayz, and Booking.com. Key features: * Currently leased for $660 per week with a lease to November 2025 * Exceptional rental income – with an Airbnb average daily booking rate of $227, this unit generated revenue of $92,370.70 and a profit of $31,664.97 in 2024 * Has also successfully operated as a short-term rental – comes with all furnishings and a complete short-term rental management platform for effortless passive income * Breathtaking ocean views – enjoy panoramic views from your enclosed balcony with adjustable louvres, perfect for year-round relaxation * Prime location – just steps away from Newcastle Beach, vibrant dining hotspots, and scenic coastal trails * Modern comforts – featuring luxury tiles, plush carpet, ducted air conditioning, and a secure car space * Hassle-free investment – backed by a 12-month rental guarantee for risk-free returns * Strong future bookings – currently booked at an average of 30 nights per month, ensuring continuous cash flow. Whether you're looking for a turnkey investment or a premium lifestyle apartment with strong rental returns, this property is a rare find. Call us on 02 4958 8555 to book your inspection.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
0 m² floor area
64 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Newcastle over the last 12 months, the estimated median property value of 703/77 Shortland Esplanade is $715k.

Median value
$715k
Estimated value range
$135k - $1.05m
Median days on market
33
Estimated value trend
5%
increase 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 703/77 Shortland Esplanade

2025
Sold
Undisclosed
08 Jul 2025 by Liam Cromarty, of Love Realty
2025
Rented
Undisclosed
Leased on 13 May 2025 by Love Realty
2022
Sold
$800,000
Private Sale/Treaty on 25 May 2022 by Chris Rowbottom, of First National Engage Eastlakes

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 45 reviews in Newcastle over the last 12 months.

Local market activity for 1 bedroom apartments in Newcastle

In the last 12 months, 36 one-bedroom apartments similar to 703/77 Shortland Esplanade, have been sold.

This represents a 42% increase in one-bedroom apartments sales when compared to the previous 12 months.

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