3/16 Nesca ParadeThe Hill NSW 2300
Property Details for 3/16 Nesca Pde, The Hill
3/16 Nesca Pde, The Hill is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 592m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 1 bedroom Unit sold in The Hill in the last 12 months.
Last Listing description (December 2025)
Prime low density re-development site situated in the The Hill.
Discover an unparalleled investment/development opportunity in the heart of The Hill with this block of units at 16 Nesca Parade.
Please note: The unit block has a limited lifespan due to the concrete cancer affecting the building, hence why the owners corp unanimously decided to sell.
So if you're looking for a long term investment block this is probably not the one for you, yet as a future development site, you won't find better land space than here to build on The Hill.
Prime Development-friendly topography - with wide street frontage in excess of 29 metres facing Armitage Street.
Approx 592m2 block Zoned R2, and providing potential to rebuild up to 8.5 metres high allowing scope for either a large 3 storey home, duplex or triplex terrace style townhouses (STCA)
Property Features:
• 1960's Contemporary Unit block offering 8 x 1-bedroom units where the top floor units enjoy stunning elevated views - overlooking Cooks Hill and distant Mountain landscape to the West.
• Some renovated and all with existing tenancies, currently providing a high yield gross return in excess of $138,000 pa, with value-add potential to improve the unrenovated units and seek a higher rent.
• Nestled in a vibrant community, 16 Nesca Parade is conveniently located near local amenities, schools, parks and beaches.
Don't miss your chance to secure this remarkable property and reap the return while waiting for redevelopment approval.
Please note all offers need to be submited via the link in the 'Make An Offer' tab in the attachments section of the I.M report.
Property History for 3/16 Nesca Pde, The Hill, NSW 2300
- 24 Dec 2025Listed for Sale Contact Agent
- 17 Dec 2025Sold for $331,250
- 18 Sep 2025Listed for Rent $370 / week
Recent sales nearby
See more recent sales nearby/assets/perm/lziaqlkb24i6zmuom4v4jxpwcq?signature=7e33c5bc1e1e424ba7e881c54b3921c3723623214a09d3d35340e5871740dbc6){kind=logo}
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About The Hill 2300
The size of The Hill is approximately 0.6 square kilometres. There are 9 parks, covering nearly 25.7% of the total area. The population of The Hill in 2016 was 1943 people. By 2021 the population was 2076 showing a population growth of 6.8% in the area during that time. The predominant age group in The Hill is 20-29 years. Households in The Hill are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in The Hill work in a professional occupation.In 2021, 44.20% of the homes in The Hill were owner-occupied compared with 44.70% in 2016.
The Hill has 1,415 properties. Over the last 5 years, Houses in The Hill have seen a 19.16% increase in median value, while Units have seen a 34.28% increase. As at 31 May 2026:
- The median value for Houses in The Hill is $2,213,329 while the median value for Units is $928,955.
- Houses have a median rent of $700 while Units have a median rent of $600.
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