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1-8/31 Kitchener Parade, The Hill NSW 2300
Rare Investment Opportunity – Entire Unit Block on The Hill
A rare chance to secure an entire block of 8 well-maintained apartments in one of Newcastle's most tightly held and sought-after residential pockets. Perfectly positioned on the fringe of Darby Street's vibrant café scene, Honeysuckle, Newcastle CBD, and the city's iconic beaches and ocean baths, this investment delivers consistent income and huge future potential.
Set across two low-rise timber buildings with a charming central courtyard, each self-contained unit offers two bedrooms, functional layouts, and timeless character touches like original hardwood floors and double-hung windows.
Some units have been tastefully updated, while others provide scope to add further value over time.
• 8 x two-bedroom apartments across two charming weatherboard buildings with central courtyard and leafy city outlooks
• Approx. 41m² each, with original hardwood floors, built-in robes, split A/C, and balcony access
• Mix of updated kitchens and bathrooms plus scope to refresh remaining units and add value over time
• Two shared laundries and four off-street parking spaces for added tenant convenience
• High occupancy rate on 12-month leases, with strong rental demand
• Prime location - walk to Darby Street cafés, Honeysuckle, Newcastle East beaches, the CBD and ocean baths
Water Rates ~ $ 6,490 p.a. Council Rates ~ $ 4,150 pa.
Contact agent for investor pack
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Set across two low-rise timber buildings with a charming central courtyard, each self-contained unit offers two bedrooms, functional layouts, and timeless character touches like original hardwood floors and double-hung windows.
Some units have been tastefully updated, while others provide scope to add further value over time.
• 8 x two-bedroom apartments across two charming weatherboard buildings with central courtyard and leafy city outlooks
• Approx. 41m² each, with original hardwood floors, built-in robes, split A/C, and balcony access
• Mix of updated kitchens and bathrooms plus scope to refresh remaining units and add value over time
• Two shared laundries and four off-street parking spaces for added tenant convenience
• High occupancy rate on 12-month leases, with strong rental demand
• Prime location - walk to Darby Street cafés, Honeysuckle, Newcastle East beaches, the CBD and ocean baths
Water Rates ~ $ 6,490 p.a. Council Rates ~ $ 4,150 pa.
Contact agent for investor pack
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.