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15 Gibson Street
newcastle
NSW, 2300

$1,500,000 - $1,600,000

listing rooms 4
listing bathrooms 1
listing parking 2
Land: 175.90 sqm
Brochure

Your opportunity to create a beautiful home in the Newcastle / Cooks Hill Precinct

From the moment you walk in the front door, this truly unique property has the feel of a New York city living space - but is it still possible to have cityscape views, 3 balconies and 3 levels of living space that, with a little vision and a lot of passion, could become one of the most coveted properties in the Newcastle / Cooks Hill precinct?

Turn this 4-bedroom masterpiece into a one of a kind, inner city sanctuary in one of the best streets in town – just foot steps from Darby street, City Hall, The New University building, The Conservatorium of Music and the Honeysuckle River precinct all in a surprisingly quiet street.

With an address spanning two of the most prestigious suburbs in town - Newcastle and Cooks Hill - this property really is in an enviable location. Just minutes walk to the city heart, to the Honeysuckle dining precinct and to a wide selection of ever evolving restaurants, wine, whisky and gin bars. You are a 10-minute stroll to the iconic Civic Theatre or 3 minutes to the Newcastle Art Gallery when you want to get your culture on.

This property offers endless options and opportunities if you have a little imagination and an eye for style. Take advantage of the existing design features including original cornices, exposed brick walls and high ceilings and develop the home to your exacting taste. The lower front balcony is huge and looks towards the harbor. You will LIVE out here – drinking in your view with a drink in hand. The upper balcony opens off the two upstairs bedrooms both offering a room with a view.

If you have a love of renovation or simply the ability to see potential then this property is for you. With land size of 176m2 and rare block width for the inner city this home provides 301sqm of living space across all of its levels with ample space to build, renovate or extend.

* Incredibly central yet quiet street in the heart of the Newcastle CBD
* Three balconies – two looking towards the harbor and one at the back of the property overlooking the blue chip suburb of Cooks Hill
* 3 levels of space to develop in your own style
* 4 bedrooms and two separate living spaces
* Gorgeous original design features that just need to be revived and refreshed
* Parking for 2 cars – this alone worth its weight in gold in the inner city
* Two entrances – one from Gibson St in Newcastle and one from Charles St in Cooks Hill
* Minutes to beaches, inner city restaurants and wine bars, theatres and galleries
* Possibility to turn level 1 bedroom into separate Airbnb property
* Large storage room for the standup paddle board, bikes, and of course the surfboards
* Commercially friendly zoning allow provision for a mixed use office design and fit out on the ground level, a rare find and increasingly sought after in todays business culture
* Remarkable existing plans for beautifully designed remodel of the existing structure including a roof top living space and garden / deck combination

Outgoings

Council rates: $2,649.40 approx per annum
Water rates: $736.62 approx per annum

*Health & Safety Measures are in Place for Open Homes & All Private Inspections
*All inspection attendees will have to answer a health and safety survey to qualify for the inspection of the property

Disclaimer:
All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.

Agents

About newcastle

median house price

1575000

suburb growth

5.0%

median house rent

550

suburb rental yield

1.8%

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Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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