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26 Lemnos Parade, The Hill, NSW 2300, 14 Bedrooms, 6 Bathrooms, Unit

Guide $4,600,000 - $5,060,000

26 Lemnos Parade, The Hill, NSW 2300

14
6
6
1048m2
UnitListed on Wed Jul 3

The Hill 14 Bedroom Entire Unit Complex To Be Sold In-One-Line

For Sale via Expressions of Interest closing 8 August at 4pm

- Net income of $232,541* per annum

- 4 minutes* to Newcastle beach

- Generous block of 1,048sqm*

Introducing an exclusive offering in the sought-after beachside suburb of The Hill, 26 Lemnos Parade presents a rare opportunity to acquire an entire unit block, sprawling across a generous 1,048sqm* lot. Comprising six residential apartments each with their own strata title, the property includes two 3-bedroom units and four 2-bedroom units, each accompanied by a secure lock-up garage.

Meticulously renovated to the highest standard, these apartments exude luxury with their premium finishes, spacious layouts, abundant natural light, and elegant timber flooring. With an impressive annual net income of $232,541*, this property ensures financial stability through its diversified revenue streams.

Situated in a prime location, residents can enjoy easy access to Newcastle Beach, Bar Beach, King Edward Park, and the vibrant Darby & Hunter Street. Furthermore, it's conveniently close to Newcastle's finest schools like Newcastle East Public and Newcastle Grammar, further enhancing its appeal as an exceptional investment opportunity in a highly desirable locale.

- Annual net income of $232,541* per annum

- Entire unit block comprising six residential apartments, each accompanied by a secure lock up garage

- Sought-after beachside suburb, located near premium lifestyle amenity

- Situated on a generous block of 1,048sqm*

*Approximately

Disclaimer:

All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.

Location

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Estimate

Council Data

Last update : 2024 11 30
Land value$2,410,000
Land1048m²
Planning ZoneLow Density Residential
Key SitesNo
Future Residential Growth AreaNo
Active Street FrontagesNo
Urban Release AreaNo
Obstacle LimitationNo
Floor Space Ratio0.6
Lot Size400 m²
Height of Building8.5 m
Flood ZoneNo
Sulfate SoilsClass 5
BushfireNo
Landslide RiskNo
HeritageNo
State Significant Dev SitesNo

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Newcastle East Public School
0.45 km
Primary
K-6
Government
icsea: 1130
Newcastle High School
1.60 km
Secondary
7-12
Government
icsea: 1027

Property history

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The Hill surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
UNIT 4 34 LEMNOS PDE, The Hill
0.05 km
1
1
-m2
Year 2024 Month 10 Day 30
-
Council approved
5 Bingle Street, The Hill
0.16 km
3
2
-m2
Year 2024 Month 10 Day 04
-
Council approved
4/42 Lemnos Parade, The Hill
0.08 km
2
1
-m2
Year 2024 Month 09 Day 17
-
Council approved
17 ANZAC PDE, The Hill
0.15 km
3
2
-m2
Year 2024 Month 09 Day 12
$2,935,000
Council approved
6/42 Lemnos Parade, The Hill
0.08 km
2
1
-m2
Year 2024 Month 07 Day 30
-
Council approved

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Ref:R2-4022558Last update:2024-10-22 06:06:58