SoldMar 13, 2026

30/575 Hunter Street, Newcastle West, NSW, 2302

$405,000

1
1
1
75 m²

Apartment

30+ days on the market

Sold: Mar 13, 2026

What's around 30/575 Hunter Street

Smart Affordable Investment, City Apartment with $28,800 Return

Positioned within the centrally located Quest Apartment complex, this exceptional one-bedroom apartment is the prefect set-and-forget investment. Offering a long term secure lease to Quest apartments with guaranteed annual rental return of $28,800 per annum. * Spacious one bedroom apartment on level four * Fully furnished throughout incl washing machine and dryer * Brand new kitchen and bathroom installed Nov 2025 * Roomy air-conditioned living area with adjoining balcony * Large eat-in kitchen with dishwasher and electric cooking * Secure car space for one vehicle, with gated entry * Newcastle city, beaches and harbour foreshore nearby * Short walk to Newcastle rail interchange and light rail system Crunching The Numbers * Guaranteed Rental Return - $28,800 PA * 5-year lease to Quest ending 11 June 2030 * 3 options to renew for a period of 5 years each * Rent increased by 3% per annum for years 2 to 5 The Lessor (owner) will pay during the term: Council Rates $1,641 PA approx Water Rates: Paid by Quest Strata levies: $1,191 PQ approx An affordable investment opportunity in a prime harbourside location.

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