1-8/31 Kitchener Parade

Off Market

1-8/31 Kitchener Parade

The Hill NSW 2300

556 m²

Block of units

Last sold for $2,800,000

Peter Aloupis, last sold this property on 12 August 2025 after 28 days on market.

Overview

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.

Features

16 bedrooms

8 bathrooms

4 carspaces

4 open car spaces

556 m² lot size

Block of units

Estimated Value

We need at least 3 similar 16 bedroom block of units sold in The Hill over the last 12 months.

Property history for 1-8/31 Kitchener Parade

2025

Sold

$2,800,000

12 Aug 2025 by Peter Aloupis, of Green St Property

Happy sellers in The Hill

60%

60% of sellers in The Hill reported that their sale price either exceeded or met their price expectations.

The Hill stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in The Hill over the last 12 months.

Local market activity for 16 bedroom block of units in The Hill

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in The Hill for a free market appraisal.

Lyndall Allan

at Salt Property Newcastle

(494 reviews)

Get a free market appraisal

Amelia Moss

at Green St Property

(26 reviews)

Get a free market appraisal

Tim Lojszczyk

at Harcourts Hunter Valley

(134 reviews)

Get a free market appraisal

Mel Payne

at Ray White Newcastle Lake Macquarie

(28 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in The Hill

Lyndall Allan

Sellers who recommend Lyndall Allan have praised them for being clear communication, local expert, honest, supportive, responsive, friendly and well-prepared