Auction Location: 2/16 Telford Street, Newcastle East & Live via Buy.Realtair.com PERFECT INVESTMENT OPPORTUNITY! airbnb turnover - $24,500 per 6 months approx.* This boutique apartment complex is just the latest iteration of this heritage building – with its history weaved amongst the arrival of the railway to Newcastle and goldfield fortunes to the start of Newy's LGBTQI culture and the infamous Star Hotel riot of 1979. Originally built in 1855 by Scottish settlers The Star Hotel had a long history before becoming one of Newcastle's most infamous pubs! The best Aussie bands played here in its heyday and there is even a Cold Chisel song named after this iconic location. Things are a little more chill here now. In the last decade, several of the buildings here were reinvented as boutique apartments, complete with common area and courtyard. Unit number 115 itself boasts a modern kitchen with Bosch appliances that opens onto the living space with soaring ceilings and 3 step cornices. It has a contemporary vibe with chic black framed windows and lockout blinds, its own separate air conditioning system, a sleek bathroom and bike parking for those keen to live the inner urban life to the fullest. The pub has new owners who now offer a Bottomless Brunch – all the mimosa and tapas you can consume - alongside fabulous pub grub. Live the rock star lifestyle in this 1 bedroom apartment within walking distance of EVERYTHING the eclectic Newcastle CBD has to offer. Head out for brunch at the Happy Wombat, catch the light rail to the beach for a surf or a swim and book a show at the grand Civic Theatre – a musical or maybe a visiting comedian. It is all within an easy stroll of this fantastic apartment! Access is via the now quiet and pretty Devonshire St – a private, festoon-lit alley – or off King Street. You will be surprised at how quite this location is given its proximity to all that our fabulous coastal city has to offer. - 1 bedroom with built-in robe, 1 bathroom boutique apartment in the Star Hotel complex - Contemporary kitchen with stainless Bosch appliances - Modern bathroom with large shower and separate laundry room with combined washer / dryer - Undercover bike storage downstairs - This property is currently tenanted as an Air BnB as short term leases are permitted in this complex - Surprisingly quiet given the outstanding location - 450 metres to Newcastle University city campus - 550m to both the Honeysuckle dining precinct and the Civic Theatre - 2.1km(a straight shot on the light rail) to Newcastle Beach and to the Bogey Hole - Approx 1 km to the heart of Newy and Darby St for nightlife and restaurants – Meet, Napoli, Foghorn, Wil & Sons, Rascals, Finnegans, Milky Lane and Ginger Meg's Outgoings : Council rates - $1,612 per annum approx.* Strata rates - $1,551 per quarter approx.* This property is being sold under the Online Friendly Auction System. A independent strata inspection report is available on request at no charge to you. This is the type of report your solicitor would usually recommend purchasing before bidding at an auction or before making an unconditional offer prior to auction and are conducted by a panel of reputable companies. The companies have consented to friendly auction terms and will generally be happy to speak to you about your queries in reports and in most cases transfer the reports into your name if you are the successful buyer at auction or prior to auction. Flexible deposit and settlement conditions are also available by negotiation with the agent if required. Offers can also be made prior to auction and each offer will be assessed on its merits. Live streaming auction. Bid and buy with confidence in this consumer driven, transparent auction system that was pioneered here in Newcastle but is now in use across Australia. We also have a downloadable guide available on our website. ***Health & Safety Measures are in Place for Open Homes & All Private Inspections 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.