AN apartment block to be built opposite Charlestown Square will offer one of the highest vantage points in the city to enjoy 360 degree views across the region.
Subscribe now for unlimited access.
or signup to continue reading
Newcastle developer and builder GWH Build has unveiled its newest project, Highpoint Charlestown, which will comprise 68 apartments over 16 levels.
Assistant development manager Ben Towers said the building would be 53 metres tall and located on the corner of the Pacific Highway and Charles Street, a spot about 101 metres above sea level.
“This will probably be the highest place to live in the Newcastle and Lake Macquarie area, apart from the mountains, hence the name,” Mr Towers said.
“The views are amazing, you’ll be able to see all the way into town, to the mountain ranges to the west and the Pacific Ocean to the east.”
Colliers International has opened a display suite on the Pacific Highway and is offering bookings to discuss the one, two and three bedroom apartments, which will sell from $385,000; $485,000 and $750,000. Listing agent Dane Crawford said the majority of the apartments would be larger than their Newcastle equivalents.
Mr Towers said the marketing campaign would target local and Sydney buyers and be centered around convenience, location and price.
“There’s a lot going on in the Newcastle CBD but not everyone wants to live in the CBD,” he said. “If you buy in Wickham for example, you’ve still got to get in your car or walk to Marketown.
“Charlestown is a CBD outside of the CBD, like Chatswood or Parramatta.
“You’re still in a central location, an entertainment precinct, within walking distance to services.”
Development manager Michael Noonan said construction would start around the end of the year and take 18 months to complete.
“We expect the top levels will be owner occupiers and the rest will be split between investors, first home buyers and downsizers currently living around the lake,” he said.
GWH Build will also start construction in coming months on Centrale Broadmeadow, which will offer 40 boutique apartments – with balconies or courtyards –in a four-storey building with a communal rooftop on the corner of Brunker Road and Awaba Road.
It was released to the market in April and is 30 per cent sold, including all the three bedroom apartments and the entire ground floor. Walkom has a display suite on Beaumont Street offering an insight into the project. One bedroom apartments start from $375,000 and two bedrooms from $519,000.
