In the landmark 'The Moorings' building of studio apartments, originally built c.1935 for single men working at BHP, this ground floor residence is a great place to start or stellar spot to invest, currently returning $250 per week. It has an easy floor plan that maximises space and a big window that draws in the north westerly light along with an integrated electric-equipped kitchen, fully tiled bathroom and a considerable amount of storage. The neighbourhood is lively, central, accessible and fabulous to live in, footsteps to Darby Street and Newcastle's arts and entertainment scene, a short dash to the beach and King Edward Park and an easy stroll to Honeysuckle's harbour front bars and eateries. - Quiet Location above King Street moments from the University of Newcastle city campus, Civic entertainment precinct and Darby Street - Walking distance to everyday essentials at Marketown - Neutral colour palette and floating floor - Shared laundry - Desirable for investors and homeowners alike returning $250 per week