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201/464 King Street, Newcastle West$709,000
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201/464 King Street

Newcastle West, NSW 2302, Australia
$709,000
1 bed 1 bath 1 car80 m²

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About this property

An opportunity presents itself to acquire a quality apartment in the southern tower of Verve. Positioned at the end of the tower so there is just one shared wall. The easterly aspect is ideal, capturing the morning sun and afternoon north-east breezes. Its outlook is immediately up King Street and the tree-lined road separation that exists. The finishes reflect the style of the apartment with double glazing and air-conditioned comfort. Miele appliances in the kitchen, as well as a plumbed refrigerator space and built-in microwave. Excellent internal design and clever use of space are highlights. Just six apartments on the floor, serviced by two elevators. Verve has an enviable reputation and is the only development with a physical concierge on hand. Single car space plus a separate storage cage complete the offering. The complex has a wonderful garden that includes a BBQ area and planter boxes for fruit, vegetables, and herbs. Marketown Shopping centre opposite, harbour and transport interchange a couple of blocks away. Tenant paying $620 per week on an expired lease. Council Rates: $1,568 per annum approx Water Rates: $855 + Usage per annum approx Strata Levies: $3,692 per annum approx Current Rental Return: $620 per week approx 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.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Land Area
80 m²
Listed
2 weeks ago

Repayment calculator

$3,437/month
$1,719 /fortnight
Loan $567,200 at 6.10% over 30 years

Upfront costs

Deposit$141,800
Stamp duty$22,559
Conveyancing (est.)$2,000
Total upfront$166,359
Verify with NSW revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Newcastle West

This 1-bedroom apartment in Newcastle West, NSW 2302 sits within reach of public transport, local shops and nearby schools. It is listed 27% below the $975,000 median of 59 comparable apartmentswithin 5 km.

Schools near Newcastle West

  • Novoschoolsecondary · 7-9 · CoEd

What's nearby

  • King St at National Park St (bus)87 m away
  • Fayt67 m away
  • Unnamed16 m away
  • Unnamed28 m away
  • LIttle Birdwood Park74 m away

Newcastle West at a glance

Full suburb profile
Population
1,453
Median age
42
Household income
$1,639/wk
Median rent
$460/wk
Median mortgage
$1,907/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Newcastle West price trend

Median sold · Unit 1 bed

Compound growth +5.7% / yr over 4 yrs

$660kcurrent median

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Full Newcastle West market

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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Within 5km

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