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