King street and hilly Wolf street Newcastle.  The multistory building is Segenhoe Apartments (previously Segenhoe flats) with imagined views of the harbour, the plain and distant hills.
Aside from a few commercial buildings this residental would be unique as regards size and style in Newcastle although many similar examples are dotted around Sydney for example.  Segenhoe's Art Deco style from 1936 is marked by the brickwork, angles and pitched roof and who knows if some strange deed is underway to alter that roof area.
Emil Sodersten, a leading architect of the Australian Art Deco style is responsible for Segenhoe and, soon afterwards, in contrasting style, he produced Nesca House, Civic, (now part of the Con and Uni).
All the same, existing terrace housing up hill would have been deprived of their room-with-a-view and overshadowed by the construction of the apartments. The area wasn't 'gentrified' then and probably less opinionated.
Ideally, double story houses would be ruled out of construction on land and in streets with water frontage.  A good outlook is good enough without blocking out everyone else's views as well.

Our town is enhanced by tree planting and we wouldn't be without them but now that some cultivated trees are taller and thicker they manage to block out several favourite uplifting glimpses around the town.  Short trees have their place. Or a tiny bit of tree lopping done to benefit us overall.
There is that element of challenge to explore and hike without the certainty of finding any amazing view, that the journey is the fullfilment, which is how it is at Mount Sugarloaf where it's wall to wall trees to be enclosed in or to take that walk out into the wilderness.