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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

18/75 Abbott Street, Wallsend NSW 2287

$635,000 - $675,000

Listed: 22 days ago
Updated: 2 days ago
Overview

Situated in the desirable Abbotts Leigh complex, this ground floor unit offers a bright and low-maintenance living environment that balances comfort and practicality with lifestyle convenience.

The open-plan design connects seamlessly to a private courtyard facing north, an ideal spot for both entertaining guests and unwinding in a serene outdoor setting. The kitchen caters well to everyday needs, equipped with a gas cooktop, generous storage options, and ample bench space facilitating efficient meal preparation.

With two well-sized bedrooms featuring built-in wardrobes and an additional study nook, the layout accommodates residents keen on working from home without sacrificing space. The property's features are completed by a neat bathroom, separate internal laundry facilities, and secure parking within a single lock-up garage, enhancing convenience for vehicle owners.

This unit presents an excellent investment opportunity, currently leased with quality tenants until mid-2027, offering immediate rental income. It also suits downsizers or smart purchasers seeking a home in a central location without the upkeep demands of larger properties.

Located just a kilometer from Jesmond Shopping Centre, public transport services, and under three kilometers from the University of Newcastle, it provides easy access to essential amenities and services.

  • Current lease expires June 2027
  • Tenants currently paying $550 per week
  • Strata fees approximately $787 per quarter
  • Council rates approximately $407 per quarter

This well-maintained unit stands as a compelling choice within a sought-after area where lifestyle and investment opportunities converge.

Local Market Insights

In Newcastle And Lake Macquarie, Quiet Listings observed 32 new units entering the market over the last 30 days, up from 17 during the previous 30-day period, with an average advertised asking price of $762,500. The property type mix of listed properties is predominantly Houses at 66%, followed by apartments (10%), and land (6%). Ray White was the most active agency in this area, representing 21.7% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Change History
Headline When
$635,000 - $675,000
$650,000 - $690,000
Open for Inspections

Upcoming inspection times scheduled in the next 14 days.

12:00 PM - 12:30 PM AEST

This property has had 3 previous open for inspections. Schedules can change at late notice, please confirm times with the selling agent before attending an open home.

Location
18/75 Abbott Street
Wallsend NSW 2287
Market Insights for Wallsend NSW 2287
New Listings (last 30 days)
32
Average price
$762,500
Lowest price
$155,000
Highest price
$3,425,000
Other properties in this postcode