608/5 Merewether Street, Newcastle, NSW 2300

Price Guide $720,000 - $770,000

Apartment
Type
1
Bedrooms
1
Bathrooms
1
Parkings

Published on Wednesday, August 12, 2026 ( See property details for 608/5 Merewether Street, Newcastle, NSW 2300)

Price Guide $720,000 - $770,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A contemporary one-bedroom apartment in Newcastle's sought-after The Crossing, offering stunning harbour views and excellent investment potential.

🏡 Property Highlights

  • Stylish one-bedroom apartment with panoramic harbour views
  • Currently leased through Airbnb, generating approximately $70,000 annually
  • Located in The Crossing, a prestigious award-winning development by Doma Group
  • Prime position footsteps from Honeysuckle dining, Civic Square, and Newcastle's beaches
  • Open plan living with natural light, timber floors, and industrial design elements
  • Secure entry, lift access, communal roof terrace with harbour vistas

✨ Key Features

  • Built-in Robes
  • Dishwasher
  • Open-Plan Living
  • Waterfront / Views
  • Security Screens / Gates
  • Floorboards
  • Balcony
  • Secure Parking
  • Lift access
  • Water tank

Newcastle’s vibrant harbourfront offers a dynamic lifestyle with easy access to beaches, dining, entertainment, and cultural attractions. The area boasts excellent walkability, modern amenities, and a strong community vibe. Its proximity to public transport and key landmarks makes it ideal for both residents and investors. The local environment combines urban convenience with scenic coastal beauty. Newcastle continues to grow as a premier destination for lifestyle and investment opportunities.

What are the current rental income details and potential for future growth?
The property is currently leased through an Airbnb management company, returning approximately $70,000 per year, with potential for further growth depending on market conditions and occupancy rates.
What amenities are included within The Crossing development?
Residents have access to secure entry, lift access, and a communal roof terrace with panoramic harbour views, enhancing the lifestyle experience.
Is the apartment suitable for both investment and personal living?
Yes, the apartment offers a stylish, functional layout with excellent views and amenities, making it ideal for both investors and owner-occupiers.
What are the strata levies and ongoing costs?
Strata levies are approximately $1,369 per quarter, with council rates around $529 per quarter and water rates approximately $523 plus usage per quarter.
Are there any restrictions or special considerations for the property?
The property is part of a strata scheme, and any restrictions or special considerations would be detailed in the strata documentation. It is advisable to review these before purchase.
Are there any upcoming planned developments or zoning changes in the area that could affect the property's value? What are the specific terms of the current Airbnb lease, and are there any restrictions on future use? Has the property been inspected for structural issues or potential defects? Are there any easements, covenants, or zoning restrictions affecting the property? What are the flood and bushfire risks associated with this location? Are there any planned renovations or maintenance works scheduled for the building or complex? Is the property compliant with all building codes and safety standards? Are there any additional costs or levies not disclosed in the strata fees? What is the history of the property's occupancy and rental performance? Are there any nearby construction projects or developments that could impact the property’s outlook or noise levels?

608/5 Merewether Street, Newcastle, NSW 2300 - More Details

Price Guide $720,000 - $770,000

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.
Type
Apartment
Bedrooms
1
Bathrooms
1
Parkings
1
House Size
67 m²

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  • Inspection Sat 15 Aug 12:30 pm

    Saturday 15 August
    12:30 pm - 1:00 pm
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