East End’s last North-facing apartment goes under the hammer
A spectacular contemporary apartment in Newcastle’s landmark East End development is expected to sell for millions when it goes up for auction next week.
Set within Fabric House, the brand-new penthouse level apartment featuring three-bedrooms, 2.5 bathrooms and two secure car spaces will be sold under the Online Friendly Auction System.
Designed by award-winning Durbach Block Jaggers Architects, the stunning property showcases cutting-edge design. Its arch windows and captivating lines accentuate a generous open-plan living space offering kitchen, lounge and dining area bathed in natural light. Glass sliding doors open seamlessly to the chic alfresco area with balcony and sweeping views of Nobby’s Lighthouse and the beautiful Newcastle Harbour. The master bedroom features walkin robe and ensuite while the gourmet kitchen provides Caesarstone island benchtop, Smeg five-burner gas cooktop and 900mm oven, integrated French door refrigerator and more. With ground level retail and the city’s greatest attractions at the doorstep, the sought-after East End location is second to none.
A price guide has been provided of $2.2 million – $2.4 million for the D1004/18 Wolfe St Newcastle property.
PRD Newcastle and Lake Macquarie partner and licensed agent Ryan Houston said the price guide represents amazing value, with previous sales on the 10th floor hitting $2,825,000 for the next door apartment D1003 and $2.6 million for D1002 with a south-east aspect.
Mr Houston said Newcastle continues to be a property hotspot attracting buyers from greater NSW. “We have received a lot of attention from Sydneysiders with a number of virtual appointments from the Northern Beaches, and we’re also seeing interest from regions further inland such as Armidale, Dubbo and Orange,” said Mr Houston.
“This is the last north-facing penthouse remaining in the complex, so it really is the absolute last chance to own a piece of those amazing sweeping views,” he added.
Mr Houston said they’ve engaged Cooley for the property auction.