Hot auction expected in King Street for renovated terrace in former Court Chambers

A terrace in the renovated Court Chambers building on the corner of King and Bolton streets is set to go under the hammer on Saturday in what is expected to prove a popular auction.

The building is drenched in Newcastle’s East End history. It was built circa 1890 and refurbished internally this century to offer four residential homes as well as some office space.

The three-bedroom terrace at 69 King Street is being marketed by Tammy Hawkins, of McGrath Estate Agents Newcastle, with a price guide of $990,000.

Opens have been well-attended throughout the three-week marketing campaign with a range of prospective buyers looking for a city change.

“There’s been a nice mix of people coming through - young couples as well as a lot of people looking to downsize and looking to be inner city dwellers,” Ms Hawkins said.

Renewed interest has been shown in Newcastle’s East End dwellings and Ms Hawkins said location, within walking distance of Newcastle beach and the harbour foreshore, was a key selling point.

"It’s a beautiful property, it’s really quite special and unique. It’s in a nice part of town, right in the middle of everything and offers central inner city living,” she said.

“There’s a lot more interest coming through in that part of the city from young couples and even young families as well, which years ago you wouldn’t see that. 

"More and more families are actually wanting to move into the city and be in the middle of everything as well, so it’s a bit of a shift in trend.”

The auction will be on site at 10.30am.

Also set for auction at 1pm on Saturday will be a home just 12 years old in Buttaba’s tightly held Earswick Crescent.

Paul Avery, of Avery Property Professionals, is selling a four-bedroom residence on a 1230 square metre block overlooking the water.

It features a single-level brick home with two bathrooms, a granite kitchen, covered alfresco entertaining area and a separate boatshed or work space.