$700,000

3 Bed  •  2 Bath  •  2 Car  •  82m²

Main view of Homely unit listing, 42/575 Hunter Street, Newcastle West NSW 2302
Floorplan of Homely unit listing, 42/575 Hunter Street, Newcastle West NSW 2302
Second view of Homely unit listing, 42/575 Hunter Street, Newcastle West NSW 2302
+19

Sold

42/575 Hunter Street, Newcastle West NSW 2302

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$700,000

  • 3
  • 2
  • 2
  • 82m²

Unit Sold on Tue 16 Sep, 2025

What's around Hunter Street

Unit description

“Executive Inner-City Apartment with Resort-Style Amenities”

Enjoy the best of city living in this spacious 3-bedroom, 2-bathroom apartment perfectly positioned on Newcastle's iconic Hunter Street. Located in the renowned Quest Apartments complex this apartment presents an outstanding investment opportunity. With public transport at your doorstep, and just moments from Marketown, Honeysuckle, the University City Campus, and the Harbour and beaches, this home offers unbeatable convenience paired with luxury.
Located on the sixth floor and designed for effortless living, the bright open-plan layout features air-conditioned lounge and dining areas, a well-equipped electric kitchen with dishwasher, and a private balcony capturing vibrant city views. Take advantage of premium resort-style facilities including a heated pool, spa, and gym—all within a secure complex. Sun drenched North Facing position fills the apartment with an abundance of light and warmth.

Property Features:
• Light-filled open-plan living and dining with air-conditioning
• Three generous bedrooms 2 with built-in robes and ceiling fans
• Master bedroom accommodates built-in robe, ensuite, a/c and private balcony
• Modern kitchen with electric cooktop , dishwasher and loads of storage.
• Spacious bathrooms, shower over bath & full size separate laundry
• Private balcony off the living area, perfect for relaxing and entertaining
• Secure tandem parking for two vehicles.
• Resort-style amenities: heated pool, spa, and gym
• Prime location: 400m to Marketown Shopping Centre & Honeysuckle, 500m to the University, 700m to Newcastle Interchange

This is inner-city living at its finest—ideal for professionals, investors, or anyone seeking the perfect blend of comfort and convenience.

Council Rates: $2,000 p/a approx.

This property offers an attractive return of $34,420.90 p/a ($2,868.40 per month)
which also includes the following:
- 3% annual CPI increases until rental review in September 2026
- Paid by Quest: 100% Water Rates and Usage, 100% Admin fee's
- Current lease expires September 2026 with 2 x 5yr option
- Outgoings for the landlord/Owner: Corporate fees - $1,861.24 per quarter

Land details

Area: 82m²

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