$715,000

2 Bed  •  1 Bath  •  0 Car

Main view of Homely unit listing, 1/40 Parkway Avenue, Bar Beach NSW 2300
Floorplan of Homely unit listing, 1/40 Parkway Avenue, Bar Beach NSW 2300
Second view of Homely unit listing, 1/40 Parkway Avenue, Bar Beach NSW 2300
+11

Sold

1/40 Parkway Avenue, Bar Beach NSW 2300

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$715,000

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  • 1
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Unit Sold on Mon 11 Aug, 2025

What's around Parkway Avenue

Unit description

“Surf and Art Deco Dream”

A coveted ground floor beach apartment in an iconic Art Deco building; this is where city vibes blend with surf and sand.

It is hard to imagine a better location on the entire East Coast; where else are you within 10 min of the CBD, 5 min of uber-chic cafes, restaurants and boutiques, and just a 350m stroll to the most island-like swimming spot?

This is where you wake up and run your surfboard down for a morning wave before a yoga class or a coffee overlooking the water. This is where you make friends with your neighbours and toast the sunset on the hill overlooking the ocean.

One of Newcastle's most desired beachside enclaves, this is a must-see for those looking for the perfect Bar Beach opportunity.

Investments like this - where character, location, and potential align - are rare:

- Excellent tenant in place and a rental income of $650 per week.
- High ceilings, picture rails, timber floors and full brick build exude century-old quality.
- Sought-after ground floor apartment which will appeal to retirees or small families in the future.
- Contemporary eat-in kitchen with handy access to the outdoors
- 2 spacious bedrooms, master with air-conditioning and built-in-robe
- Roomy and light-flooded living zone
- Original art deco bathroom with bathtub and pedestal basin.
- Shared laundry and courtyard

Location: Just 350m to Bar Beach, 500m to The Junction Shopping Centre, 800m to Darby Street boutique shopping and dining, less than 1.5km to the CBD.

Lifestyle: Enjoy a morning swim or surf at the beach, before a coffee at Hubro or picking up an acai bowl on the way back home. Weekends you will love doing your groceries at the stunning Cooks Hill Harris Farm (80m) before walking to dinner with friends at Merewhether, Darby Street or The Junction (all within 2km)

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