1-8/22 Nesca Parade, The Hill, NSW 2300

For Sale

1-8/22 Nesca Parade, The Hill, NSW 2300-Image

Ray White Newcastle Lake Macquarie - NEWCASTLE

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Parkings

Last updated on Friday, June 05, 2026 ( See property details for 1-8/22 Nesca Parade, The Hill, NSW 2300)

Auction

Andrew Dinnen - Real Estate Agent - Ray White Newcastle Lake Macquarie - NEWCASTLE

Andrew Dinnen Licensed Real Estate Agent & Sales Manager

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare, large-scale development site in The Hill offering sweeping city views, existing income, and outstanding redevelopment potential in a prestigious inner-city location.

🏡 Property Highlights

Large 698sqm parcel with exceptional redevelopment potential (STLCA)
Elevated position offering sweeping city views
Wide 20.5m frontage suitable for luxury townhouse or high-end residential development
Currently holding eight one-bedroom units providing income
Prime blue-chip location in The Hill, Newcastle
Close proximity to Darby Street cafes, Bar Beach, and Newcastle CBD

✨ Key Features

Open-Plan Living
Waterfront / Views
Secure Parking
Outdoor Area
Balcony
Home Office / Study
Built-in Robes
Garage
Air Conditioning
Dishwasher

Suburb and Property Insights of The Hill, NSW 2300

The Hill is a highly sought-after inner-city suburb renowned for its prestigious residences, vibrant café culture, and proximity to beaches and Newcastle CBD. It offers excellent walkability, access to parks, and a strong demand for new luxury developments. Surrounded by quality homes and close to amenities, The Hill provides an ideal setting for high-end residential projects and land banking opportunities.

Frequently Asked Questions

What are the redevelopment restrictions or planning controls for this site?

The property has an STLCA (Subject To Council Approval) status, allowing for redevelopment subject to council approval and compliance with local planning regulations.

Is there existing income from the current units?

Yes, the site currently comprises eight one-bedroom units that provide a strong holding income while future redevelopment plans are considered.

What is the potential for future capital growth in this location?

The Hill is a highly desirable suburb with strong demand for new luxury residences, offering significant potential for capital growth and value appreciation.

Are there any nearby amenities or attractions?

Yes, the property is just 400m from Darby Street’s vibrant café and dining precinct, under 1km to Bar Beach, and close to Newcastle CBD, parks, and schools.

What are the key features of the existing property?

The current property includes eight one-bedroom units with a total land area of approximately 698sqm, elevated outlooks, and a wide 20.5m frontage.

What to ask about this property to agent?

Are there any existing easements, covenants, or zoning restrictions affecting the property? What are the potential costs associated with council approval and development applications? Are there any known issues with the existing units or the land that could impact redevelopment? Is there any history of flooding or bushfire risk in this area? Are there any upcoming planning or infrastructure projects nearby that could influence the property’s value or development potential?

1-8/22 Nesca Parade, The Hill, NSW 2300 - More Details

Auction

22 Nesca Parade, The Hill comprises a 698sqm (approximate) allotment with an elevated position and approximately 20.5 metre frontage. The site currently contains eight one-bedroom units held under a single title.

The property is positioned within an established residential area and is suitable for purchasers seeking a large land holding in an inner-city location.

Located approximately 0.4 kilometres from Darby Street retail and dining precinct, approximately 1 kilometre from Bar Beach and approximately 2 kilometres from Newcastle CBD.

Property Features:
• 698sqm (approximate) allotment
• Approximately 20.5 metre frontage
• Elevated position with city outlook
• Eight existing one-bedroom units on single title
• Established residential location

Property Details:
• Sale Method: On-Site Auction
• Auction: Saturday 13 June 2026 at 4:00pm On-Site
• Settlement Period: 35 days
• Occupancy: Vacant Possession

Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Property Features:

Type: Block Of Units
Bedrooms: 8
Bathrooms: 8
Parkings: 8

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