Back 706/75 Shortland Esplanade
Off Market

706/75 Shortland Esplanade

Newcastle NSW 2300

2
1
1
Apartment
Last sold for $811,000
Thomas HookThomas Hook, last sold this property on 14 January 2024 after -2 days on market.

Overview

An Endless Holiday Lifestyle at Arena with Sparkling Harbour and City Views

Kickstart your day with a refreshing ocean swim or surf. Alternatively, embrace the invigorating coastal vibes with a leisurely stroll through King Edward Park to the Anzac Memorial Walk or head the other way to The Breakwall and watch the sun rise over the water. With the beach across the street and a choice of seaside cafes at the doorstep, at 'Arena,' the vibe is all about that fantastic, never-ending holiday feeling. Step inside, and you'll be wowed by this two-bedder's incredible-by-day and sparkling-by-night city and harbour views, and stunning nightly sunsets over Mount Sugarloaf. The open plan layout, top-notch fixtures, and an enclosed balcony create a modern, hassle-free living experience that leaves nothing to be desired. With ducted air conditioning, a secure parking spot, storage cage, bicycle parking, and beach showers, this apartment is the whole package. Arena apartments are easy to love, exceptional to live in and effortless to rent out. Make this one yours today! - Seventh floor 'Arena' apartment with secure entry and lift access - Picture windows optimise views over the city and harbour as far as Mount Sugarloaf - Enclosed balcony with exterior sun louvres and views makes a great dining area - Open plan living with new hybrid flooring - Contemporary kitchen with Fisher & Paykel gas cooktop, oven and dishwasher - Both bedrooms with quality carpet and mirrored built-in robes - Shower bathroom with floor to ceiling tiling plus Euro laundry - In a current lease till September 2024 at $640 a week making it and incredible investment - Walk to the city and harbour location with a secure car space to travel further afield - Enjoy sand, surf, great local cafes and restaurants and coastal walkways all on the doorstep Outgoings: Council: *$1,488pa Water: *$735pa + usage Strata: *$5,744pa * approximates only (We have obtained all information used in the preparation of this document from third party sources however, we cannot guarantee the accuracy or currency of this information. Prospective purchasers and their advisors are advised to carry out and rely their own enquiries and investigations in relation to the information in this document and the property it concerns.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Newcastle over the last 12 months, the estimated median property value of 706/75 Shortland Esplanade is $1.07m.

Median value
$1.07m
Estimated value range
$650k - $2.58m
Median days on market
66
Estimated value trend
-10%
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 706/75 Shortland Esplanade

2024
Sold
$811,000
14 Jan 2024 by Thomas Hook, of Walkom Real Estate
2023
Rented
Undisclosed
Leased on 11 Sep 2023 by Presence Real Estate Newcastle
2022
Rented
Undisclosed
Leased on 07 Nov 2022 by Presence Real Estate Newcastle

Happy sellers in Newcastle

80%
80% 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 38 reviews in Newcastle over the last 12 months.

Local market activity for 2 bedroom apartments in Newcastle

In the last 12 months, 61 two-bedroom apartments similar to 706/75 Shortland Esplanade, have been sold.

This represents a 20% increase in two-bedroom apartments sales when compared to the previous 12 months.

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