Opportunities like this don't sit idle. A superbly presented two-bedroom apartment in a private strata complex of just eight units - offering the kind of entry into Merewether that demands immediate attention.
Merewether is where Newcastle's prestige real estate benchmark is set. With a suburb median house price above $2.2 million and some of the region's most extraordinary homes concentrated along its beachfront streets, Merewether is unequivocally the region's premier residential address.
5/14 Selwyn Street puts you inside it, at a price point that is genuinely compelling.
• 2 bedrooms, 1 bathroom, 1 single lock-up garage
• Boutique strata complex - only 8 lots
• Immaculate presentation throughout - move-in ready
• Brick and tile construction - quality, durable, lender-favoured
• Proactive strata committee with well-managed financials
• 450m walk to Souths Leagues Club, cafes, supermarket, bakery, pubs
• 1.5km to Merewether Beach and Ocean Baths (largest in Southern Hemisphere)
• Easy access to The Junction boutique precinct and Darby Street
• Merewether unit median ~$800,000 | 5-yr growth 7.59% p.a.
• Ideal for first-home buyers, professionals and investors
The building itself tells you everything you need to know about the quality of this opportunity. Eight lots only - a small, cohesive strata community. Brick and tile construction, built to last and favoured by lenders. A proactive strata committee that takes its responsibilities seriously. Well-maintained financials, maintained carefully over time. Low-maintenance, high-confidence ownership from settlement day.
Inside, the residence is immaculately presented - light-filled, well-proportioned and completely move-in ready. Two comfortable bedrooms, a neatly appointed bathroom, and a single lock-up garage - a genuinely valued asset in a suburb where secure parking commands a premium.
Step outside and your daily life is already taken care of. Souths Leagues Club, a local supermarket, bakery, cafes and pubs are within a 450-metre walk. Merewether Beach - home of Surfest and one of Australia's most celebrated city beaches - is a comfortable 1.5km from your front door, alongside the southern hemisphere's largest ocean baths. The Junction's boutique shopping village, Darby Street's beloved café and dining strip, and the Bather's Way coastal walk are all within easy reach.
For first-home buyers, this is your foothold in one of Newcastle's finest coastal communities. For young professionals, it is the beachside lifestyle without compromise. For investors, Merewether unit values have grown at 7.59% per annum over five years, with rental yields of approximately 3.6% and a Newcastle vacancy rate sitting below 1%.
Eight-lot complex. Excellent condition. Blue-chip suburb. The next step is yours.
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