2/575 Hunter Street Newcastle West NSW

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Set-and-forget investment in the heart of the city
Nestled within the centrally located ‘Quest Apartments’ complex, this exceptional two-bedroom unit is the quintessential set-and-forget investment. Operating as short-term accommodation, leased to Quest with a guaranteed monthly rental return of $2719.52 ($32,634.32 pa) at 4 per cent CPI, this apartment brilliantly caters to the vibrant tourism economy of Newcastle.

This investment gem offers a spacious floorplan and a huge alfresco terrace providing space to move, and room to relax. Guests enjoy a bright open plan design, two robed bedrooms, two bathrooms, a fully equipped kitchen, and a laundry. Quest Apartments also offers resort-style amenities including a heated pool, gym, spa, and the popular Happy Wombat restaurant/bar conveniently located on the ground floor. A secure car space is also included making this place perfect for weekend escapes or regularly in-town business people.

The Quest complex is situated in the thick of the action, which means you're just a hop, skip, and a jump away from beautiful beaches, harbourside Honeysuckle and all the eateries and bars in the area. Whether you want to hit the waves or sip a cocktail, everything is within reach.

- Bright open plan layout with a/c & access to large alfresco terrace overlooking Hunter St
- Kitchen with electric cooktop, oven and dish drawer
- Two robed and carpeted bedrooms
- Main bathroom with shower over bathtub, master ensuite with shower
- Secure parking space, use of gym, spa, heated pool, instant access to dining and bars
- Quest pays 50 per cent of council rates, 100 per cent of water, and the admin part of strata fees
- Guaranteed monthly return of $2719.52 = $32,634.32 pa – 4 per cent CPI each year
- Jump on the light rail across the road to Newcastle Beach or Interchange
- Marketown is a 5 minute walk from the front door for groceries and shopping
Features
  • Living Area
  • Apartment
  • $ 450,000

Agent Details

Tony Reville

P: 02 4902 7282

M: 0414 492 905

Carlie McDonald

P: 02 4902 7291

M: 0403 122 229

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