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26 Lemnos Parade
The Hill NSW 2300
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26 Lemnos Parade The Hill NSW 2300

  • Other
  • 1,048 m²
  • For Sale, Price Guide $4,600,000 - $5,060,000

Entire unit complex - Offering a rare investment opportunity

  • 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

Commercial Collective
Commercial Collective
10 Newcomen Street
Newcastle, NSW 2300

Property Highlights

Floor Area1,048 m²
Land Area1,048 m²
Parking6 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019342226
Category
Last updated  17 Oct 2024
Map for 26 Lemnos Parade The Hill NSW 2300
Commercial Collective
Commercial Collective
10 Newcomen Street
Newcastle, NSW 2300

Property Highlights

Floor Area1,048 m²
Land Area1,048 m²
Parking6 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019342226
Category
Last updated  17 Oct 2024

Listed by

Isaac Reville
Commercial Collective
Call
0401 468 759

More about 26 Lemnos Parade The Hill NSW 2300

26 Lemnos Parade The Hill NSW 2300 is categorized as Other Property. It has a floor area of 1,048 m² and a land area of 1,048 m². There are 6 x onsite parkings.The listing ID for this property is 2019342226.

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