This imposing sandstone building was built for Australian Mutual Provident (AMP) in 1930 as part of a group of bank and insurance buildings constructed in Newcastle CBD between 1910 and 1930 transforming the streetscape of Hunter Street. Now occupied by several commercial tenants, the building's crowning glory is this sixth-floor penthouse apartment and its sensational rooftop terrace delivering cinematic views and a distinct New York feel or a sophisticated European vibe.
Come and live an uber cool inner-city lifestyle in this exceptional two-bedder that makes an instant impact with its quality renovation, fresh bright interiors, and great lifestyle location in one of the hottest parts of town. Private and secure, the apartment's north/south aspect gifts sensational views of some of Newcastle's famed landmarks including King Edward Park, Nobbys headland and the working harbour, while coastal vistas stretch as far as Anna Bay.
Like a cool bar in one of the world's best cities with uninterrupted views of its landmarks, the rooftop terrace is an entertainer's haven. Offering approximately 84sqm of alfresco space there's plenty of room for dining, relaxing and enjoying a chilled glass of your favourite tipple with friends on a warm summer evening. You may of course choose to use the DA approved plans to add a third bedroom in this magnificent spot.
The location of this unique building among Hunter Street's rich collection of art galleries, heritage, commercial, residential, retail and hospitality venues is an urban paradise. Within walking distance of the pulse of city life, on the cusp of the new East End precinct transforming the west end of Hunter Street Mall, and steps to the city's harbour foreshore and world-class beaches.
- Zoned B4 – Mixed Use allowing you to run your business from here
- 10ft ceilings and crisp neutral décor enhances the sense of space throughout
- Spacious lounge room and separate dining and electric -equipped kitchen
- Two spacious bedrooms with new built-in robes, one with new carpet, views to King Edward Park
- Bathroom/laundry with remote skylight
- Decked alfresco entertaining terrace with shade-sail and city, harbour and coastal views
- Options to take over the 12mth lease of a rented garage on King St. for $155pm
- Stroll to Woolies Metro for shopping, eateries galore and the beach and harbour
- Live in as is or use the DA approval to utilise part of the terrace and create a third bedroom
Outgoings:
Council rates - $357 approx. per quarter
Water Rates - $210.11 approx. per quarter
Strata rates - $1,802.32 approx. per quarter
This property is being sold under the Online Friendly Auction System.
An independent strata report is available on request at no charge to you. This is the type of report your solicitor would usually recommend purchasing before bidding at an auction or before making an unconditional offer prior to auction and are conducted by a panel of reputable companies. The companies have consented to friendly auction terms and will generally be happy to speak to you about your queries in reports and in most cases transfer the reports into your name if you are the successful buyer at auction or prior to auction: see each report for details.
Flexible deposit and settlement conditions are also available by negotiation with the agent if required.
Offers can also be made prior to auction and each offer will be assessed on its merits.
Live streaming auction. Bid and buy with confidence in this consumer driven, transparent auction system that was pioneered here in Newcastle but is now in use across Australia. We also have a downloadable guide available on our website.
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