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REAL ESTATE: Apartment living gaining ground

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Of the 56 Angelina Apartments for sale in the heart of Nelson Bay, 25 have pre-sold off plan.

The one, two and three bedroom apartments located on Donald Street, have been snapped up by buyers from the Hunter, Central Coast and Sydney – within seven weeks of their October release date.

LJ Hooker Nelson Bay real estate agent Graeme Schmarr says the popularity of the eight-storey, architect-designed apartments is indicative of a return to inner city living.

“The trend appears to be a return to living in big buildings that are low-maintenance and offer a lifestyle, close to shops and restaurants, and right on the waterfront.”

Mr Schmarr, who has worked in the industry for 33 years, says the Docaaba Pty Ltd development is the first of its kind in two decades.

“It’s a great building,” he told Newcastle Weekly.

“And it’s the first time in 20 years that a purpose-built residential building has been constructed right in the centre of Nelson Bay.

“The last was Oasis, which sold off plans in 1998 and began construction in 2003.”

Angelina Apartments all boast large open-plan living areas stretching out onto generous balconies, many with ocean views.

Each has smeg cooktops, range hoods and ovens, as well as bosch dishwashers, and caesarstone benchtops. 

Yet, it is the location that Mr Schmarr says is it’s greatest appeal.

“They’re located just 200 metres from the d’Albora Marina,” he said.

“It’s the only building in central Nelson Bay that is a flat walk to the marina, the shops, restaurants and the waterfront.

“Residents can own a boat and literally roll out of bed, stroll down to the marina and launch it, and maybe even grab a coffee on the way.”

The first soil of the Angeline Apartments development is set to be turned in late February.

Prices range from $550,000 to $1.4 million.

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