608/5 Merewether Street, Newcastle, NSW 2300

Set on level six of The Crossing, right where Newcastle's harbour and city meet, this stylish one-bedroom apartment is already earning its keep. Currently leased through an Airbnb management company until next year and returning approximately $70,000 per year, it's a ready-made investment in a location that works equally well for business travellers and weekend visitors. Step outside and you're footsteps from Honeysuckle's dining scene, Civic Square and sunset drinks at Crystalbrook Kingsley, with Newcastle's beaches close enough for a morning swim.

Inside, approximately 65sqm including the balcony delivers more space than you might expect. Warm timber floors, an exposed concrete ceiling and suspended track lighting bring a cool industrial edge to the open plan living area, anchored by a contemporary island kitchen. Floor-to-ceiling glass draws in plenty of natural light and today's impressive outlook towards Christ Church Cathedral, Nobbys and the harbour. A shower bathroom, separate laundry, secure car space and storage cage add all the practical extras.

- The Crossing by Doma Group c.2022 won an AIA NSW Architecture award

- Secure entry, lift access, communal roof terrace capturing panoramic harbour views

- Island kitchen with Smeg cooking and dishwasher, integrated fridge/freezer

- Ducted air-conditioning provides climate control

- Civic Theatre & Light Rail – 150m, Darby Street – 500m, Nobbys Beach – 2km

- Currently returning $70,000 per year

Council Rates: Approx. $529 p/q

Water Rates: Approx. $523 + Usage p/q

Strata Levies: Approx. $1,369 p/q

Disclaimer:

All information provided by Wilton Lemke Stewart in the marketing of a property for sale or lease has been sourced from various third-party outlets that we deem reliable. Nonetheless, Wilton Lemke Stewart cannot ensure its absolute accuracy, and we bear no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements in the information provided. Prospective buyers and tenants are encouraged to conduct their own due diligence and rely on their own investigations. All images, measurements, diagrams, renderings, and data are indicative and for illustrative purposes only, subject to potential changes.