1-6/14 Nesca Parade
The Hill

Cracking Investment Opportunity In The Hill

12 6 6

Astute investors will not want to miss this remarkable opportunity to secure a superbly located apartment complex in the heart of Newcastle. The location to Darby Street's boutique stores, cosmopolitan cafes and restaurants, popular CBD entertainment venues, renowned beaches and foreshore, and the experience of a relaxed inner-city lifestyle with easy access to everything will be a drawcard for many.

On offer is a suite of six apartments at Neralson Court bordering beautiful Nesca Park and Newcastle Petanque Club. Each is perfectly established with long-term tenants and boasts two good sized robed bedrooms, a neat kitchen with gas cooking, a combined living/dining space, lovely natural light, an external shared laundry, and a single off-street undercover car space. The ground floor units also incorporate the addition of private courtyards to enjoy outdoor BBQs with friends, a morning coffee, or an opportunity to grow a vegetable garden.

If you're looking for an established investment with immediate income, this is it. With the ability to purchase the entire complex now and potentially sell each off separately at a later stage, this is an extraordinary investment opportunity for an individual or superannuation fund. Those with vision will see the many benefits of securing such a lucrative prospect in Newcastle's thriving property market.

- Superb investment opportunity to secure a well-established and tenanted apartment complex of six
- Two robed bedrooms, gas cooking, open living/dining, and a mix of either floating timber or carpeted flooring
- External shared laundry and clothesline with adjoining secure storage spaces
- Ground floor apartments with additional private courtyards
- Easy pushbike ride or walk to inner-city conveniences
- 280m to Darby Street; 900m to Newcastle University and Civic Theatre; 1km to Bar Beach; 2km to Newcastle Foreshore

Sold

$3,400,000

Features

Details

  • land size approx 575 m2
  • water rates $4,015 py
  • council rates $3,590 py

Available Documents

Your
agents

Ben Robinson Real Estate Agent

Ben Robinson 

Licensed Property Consultant 

0412 258 840 

Michael Flook Real Estate Agent

Michael Flook 

Licensed Property Consultant 

0438 770 426 

Make an enquiry