The city is set to get more apartments with two new developments revealed this week.
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GWH Build has unveiled its latest development for Newcastle in Sky Residences, a three-building apartment project including an 18-storey tower with a rooftop lounge and terrace offering 360-degree views as the jewel in the crown.
Sky Residences will be located at 509 Hunter Street and 386 King Street.
Sky Tower will be an 18-storey building with 101 apartments and a private residents’ only rooftop lounge and terrace with views to Stockton, Merewether and the Watagan Ranges.
The Sky Lounge will feature an outdoor lounge terrace, barbecue and dining area. On the plans for indoors is a lounge area, fireplace and dining facilities with separate bar area, fridge and large-screen TV.
Two additional towers will feature 73 apartments over nine storeys and six apartments over three storeys.
There will also be 500 square metres of ground floor retail and commercial space. Construction is set to begin towards the end of this year with registrations of interest being taken now.
There will be a solar-heated outdoor pool, fitness centre and gym as well as the garden terrace and Sky Lounge.
Thirdi Group and BaseBuild officially launched their latest project for the West End precinct in Stella on Hannell on Thursday.
The $104 million development on the corner of Bishopsgate and Hannell streets will be the developers’ third of four projects for Wickham, adding to WestEnd and Eaton on Union and another set to be announced in coming months.
The twin tower development will comprise 149 apartments plus 500 square metres of commercial space and interest has already been strong with two of the eight penthouses being secured at around $1.4 million each ahead of the launch.
The 14-storey project next to the Newcastle Interchange is still awaiting Development Application approval but the delivery of both Eaton on Union and Stella on Hannell have been earmarked for March 2020.
It is being marketed by Walkom Real Estate.
Meanwhile, PRDnationwide’s Mark Kentwell is marketing a penthouse on the 19th floor of another West End development in Verve Residences on King Street, which is under construction.
Mr Kentwell said interest has been strong for the three-bedroom apartment with a price guide of around $1.4 million and offering sweeping harbour and city views.
The $130 million Verve Residences is set to be Newcastle’s tallest residential building once complete.
Read more: Ceiling raised in Fletcher with big sale
It will features a sky garden, high speed lifts and 24-hour concierge.
“Verve is in an amazing location, a few streets from Newcastle’s working harbour and a few steps away from a major local shopping centre,” Mr Kentwell said.
“… at around $1.4 million they are certainly getting great value for money with a high level of finish as standard. For so many reasons we think this is the best value penthouse in NSW.”
In another apartment news around the city, Robinson Property’s Ben Robinson reports the market has been “red hot” for studio, one-bedroom and two-bedroom apartments of existing developments in the city.
“A lot of the time it’s in that top end of three bedders but it’s actually been the studios, ones and twos which have been selling well, which is interesting,” Mr Robinson said.
“Obviously there is so much happening in that apartment space at the moment, it’s great to see plenty of activity for a lot of the older apartments in traditional spots as well as the newer stuff which has obviously been selling off the plan.”
HISTORIC HOME SHORTLISTED
The stunning restoration of Coutts Sailors’ Home by Diane and Alastair Kinloch has been recognised with the historic Newcastle property being shortlisted for the National Trust Heritage Awards.
The property in Bond Street was in a deteriorating state after years of neglect when the Kinlochs purchased it.
The England-born couple have always had a passion for heritage buildings and the restoration has been a “labour of love”.
The National Trust Heritage awards will be announced at Doltone House, Pyrmont on May 4.
Read more: New life breathed into historic home
BAR BEACH BLOCK RARE OFFERING
A property in Bar Beach’s Parkway Avenue has been described as “very special” due to its size by marketing agent George Rafty of First National Newcastle City.
Mr Rafty is marketing 15 Parkway Avenue, a four-bedroom home on over 700 square metres of land.
“A lot of the top blocks around there are up to 500 square metres, so it’s very rare to get something over 700,” he said.
The home is only 150 metres from the beach and will be taken to auction on April 28 with a price guide of $2.8 million to $3 million.
WHAT’S LISTED FOR UNDER $500K
Bridgett Audet of First National Altitude is marketing a two-bedroom home on 500 square metres of land in Cardiff’s Kelton Street with a price guide of $425,000 to $465,000.
Creer Property’s Andrew Kaprilian has listed a two-bedroom home in Mayfield’s Denison Street for $450,000 to $495,000.
Paul Johns, of Century 21, is selling a three-bedroom home in Maryland’s Prospero Road for $445,000 to $480,000.
