10/40 Nesca Parade, The Hill, NSW 2300

$680,000

Apartment
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Saturday, June 13, 2026 ( See property details for 10/40 Nesca Parade, The Hill, NSW 2300)

$680,000

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A modern, low-maintenance two-bedroom apartment with stunning park and city views, leased to DHA until 2029, in a prime location close to beaches and amenities.

🏡 Property Highlights

  • Secure lease to Defence Housing Australia until May 2029 with guaranteed income
  • Uninterrupted park and city views from the apartment
  • Privately positioned at the rear of the complex for added privacy
  • Low-maintenance open plan living with air conditioning and tiled floors
  • Prime location within walking distance to beaches, parks, and vibrant Darby Street
  • Well-maintained complex with dedicated carport and lockable storage

✨ Key Features

  • Built-in Robes
  • Air Conditioning
  • Open-Plan Living
  • Outdoor Area / Balcony
  • Secure Parking
  • Internal Laundry
  • Electric Kitchen
  • Balcony
  • Waterfront / Views
  • Low-Maintenance Yard

The Hill is a vibrant suburb renowned for its stunning coastal views, proximity to pristine beaches, lush parks, and lively local dining and entertainment options. It offers excellent walkability, a strong community atmosphere, and easy access to Newcastle’s city centre, making it an ideal location for both investors and residents seeking a relaxed coastal lifestyle with urban conveniences.

What are the current lease terms and rental income for this property?
The property is leased to Defence Housing Australia until May 2029, with a guaranteed rent of $580 per week, totaling $30,160 annually.
What are the main features that make this apartment a good investment?
The apartment offers a secure long-term lease, uninterrupted park and city views, low-maintenance open plan living, and a prime location close to beaches, parks, and local amenities.
Is the property suitable for owner-occupiers in the future?
Yes, the property provides flexibility to move in or lease out on your own terms after the current lease ends, making it suitable for owner-occupiers in the future.
What amenities and attractions are nearby?
The property is within walking distance to beaches, King Edward Park, Anzac Memorial Walk, the Bogey Hole, and Darby Street, offering a vibrant lifestyle with outdoor activities and dining options.
What maintenance and condition can I expect from the apartment?
The apartment features a neat and easy-care bathroom, tiled floors, and a well-maintained complex, ensuring low ongoing maintenance.
Are there any upcoming strata or body corporate fees or special levies applicable to the complex? Are there any restrictions or easements affecting the property or its use? Has the property been inspected for any structural defects or pest issues? Are there any planned developments or construction projects nearby that could impact the view or noise levels? What are the zoning regulations and potential future development restrictions in this area? Is the property located in a flood or bushfire-prone zone? Are there any ongoing or upcoming maintenance costs for the complex? What are the terms of the lease with DHA, and are there any conditions that could change? Is there any history of disputes or issues within the complex or with neighbours? Are there any restrictions on making modifications or renovations to the apartment?

10/40 Nesca Parade, The Hill, NSW 2300 - More Details

$680,000

Type
Apartment
Bedrooms
2
Bathrooms
1
Parkings
1
House Size
61 m²

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