59/1 King Street, Newcastle, NSW 2300 | Property Value & History | OnTheHouse
OFF MARKET

59/1 King Street
Newcastle NSW 2300

Bedrooms: 3
Bathrooms: 3
Car spaces: 3
Land area: 2352m2
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Property Details for 59/1 King St, Newcastle

59/1 King St, Newcastle is a 3 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 2010. The property has a land size of 2352m2. While the property is not currently for sale or for rent, it was last sold in June 2019.

Building Type
Unit
Year Built
2010
Land Size
2352m2
Local Government
Newcastle
Lot/Plan
48/SP83376

Last Listing description (June 2019)

Promising a lifestyle of privilege, privacy and pleasure, this world-class penthouse combines house-size proportions with expansive outdoor areas and breathtaking coastal views to create an extraordinary lifestyle of 5-star coastal excellence.

Set atop the prestige 'The Royal' apartments complex overlooking Newcastle Beach, the stunning residence offers a unique entertainers' retreat of style and space with a flowing layout and wall-to-wall glass designed to take full advantage of natural light and the superb outlook.


The carefully curated floorplan is layered with luxury and offers a choice of two separate living areas, an epicurean kitchen, executive home office and three en-suited bedrooms plus powder room. Sliding doors open up to a full-width balcony and a winter garden, an idyllic spot to relax, unwind and entertain with a dramatic seaside backdrop.

High-end appointments ensure comfort levels are at an absolute premium with everything designed for ease of use and aesthetic excellence including a hotel-worthy master ensuite with marble bathtub, a full suite of Miele kitchen appliances, Smart Home technology, an outdoor kitchen, video entry, ducted air-conditioning and basement parking for three vehicles.

Truly a once-in-a-lifetime opportunity, this penthouse is undoubtedly one of Newcastle's finest apartments.

- Coveted north-eastern corner position with expansive views that take in Newcastle beach, ocean baths, King Edward Park and down the coast to Redhead Bluff
- Island kitchen appointed with integrated dishwasher, gas cooktop, oven, microwave, walk-in pantry and abundant cupboard space
- Bespoke cabinetry for AV equipment and ornamental display
- Winter garden with barbecue kitchen, wine fridges and outdoor TV
- Two en-suited bedrooms with built-in robes; guest powder room
- Master suite with chic dressing room, luxe full-size bathroom and seaside balcony
- Stroll to the beach, ocean baths, cafes, restaurants and King Edward Park
- Jump on the light rail to Newcastle West and the transport inerchange
- Enclosed 3 car garage and seperate storage locker

Property History for 59/1 King St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$3,350,000
27 Jun 2019
  • 27 Jun 2019
    Sold for $3,350,000
  • 22 Mar 2019
    Listed for Sale $3,850,000
  • 08 Feb 2014
    Listed for Sale Not Disclosed
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About Newcastle 2300

The size of Newcastle is approximately 4.9 square kilometres. There are 25 parks, covering nearly 10.5% of the total area. The population of Newcastle in 2016 was 2753 people. By 2021 the population was 3852 showing a population growth of 39.9% in the area during that time. The predominant age group in Newcastle is 20-29 years. Households in Newcastle are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newcastle work in a professional occupation.In 2021, 44.20% of the homes in Newcastle were owner-occupied compared with 45.70% in 2016.

Newcastle has 5,232 properties. Over the last 5 years, Houses in Newcastle have seen a 15.85% increase in median value, while Units have seen a 35.82% increase. As at 30 April 2026:

  • The median value for Houses in Newcastle is $1,813,018 while the median value for Units is $1,057,482.
  • Houses have a median rent of $730 while Units have a median rent of $750.
There are currently 37 properties listed for sale, and 19 properties listed for rent in Newcastle on OnTheHouse. According to Cotality's data, 229 properties were sold in the past 12 months in Newcastle.

Suburb Insights for Newcastle 2300

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.