A great opportunity to become an owner of property in the Newcastle Inner City at a budget price.
• This well-maintained apartment is located adjacent to the new Sovereign Park Development.
• A relaxing stroll to Darby Street, the Civic precinct and Newcastle Beach.
• An older apartment block, however, the apartment has been previously renovated and is in excellent condition.
• Whilst the existing tenant, who has been in residence for a number of years, would be ideal for the savvy investor.
• The property would be the ideal 'bolt hole ' or inner-city hideaway.
• Individual washing machines are part of the common laundry and the property is offered furnished.
There is a great deal to like about this apartment.
Council Rates: $1,964 per annum approx
Water Rates: $862 + Usage per annum approx
Strata Levies: $3,040 per annum approx
Current Rental Return: $400 per week
New laws mean we may require your ID
There are new laws reforming Australia's anti-money laundering and counter-terrorism financing (AML/CTF) regime. This is to make sure we enhance our ability to effectively deter, detect and disrupt money laundering, terrorism financing and proliferation financing.
When you engage with us at Street Property to use our services, we may ask you for identification or have questions about your circumstances. The type and amount of ID you're asked for depends on the nature of your transaction. We will advise what identification is necessary. In some circumstances just one form of photographic identification (such as your driver's licence) will be enough if it shows your full name, residential address and date of birth. Digital driver's licences are also an acceptable form of identification.
If you're a sole trader or business owner, you'll be asked for other details including; business name, addresses and Australian Business Number (ABN).
The information you provide us is protected under the Privacy Act 1988. For more information contact our office.
Disclaimer: we have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including without limitation, any income, rentals, dimensions, areas, zoning and permits.
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