40 Nesca ParadeThe Hill NSW 2300
Property Details for 40 Nesca Pde, The Hill
40 Nesca Pde, The Hill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 1387m2 and floor size of 695m2.
Last Listing description (May 2025)
Are you looking for an investment with a guaranteed rental return?
Take advantage of this unit currently leased to Defence Housing Australia with a lease in place to 2026 and an option to extend for another X3 years.
Conveniently located and walking distance to Bar Beach, King Edward Park, the Anzac Walk and trendy Darby Street with its array of restaurants, cafes and boutique shops.
Property Features:
- Two bedrooms both with built-in robes
- Master bedroom features a reverse cycle air conditioning
- Open plan living and dining room also features a reverse cycle air conditioning
- Undercover patio with access from your living and master bedroom
- One undercover carpark space and also one storage facility
- Guaranteed rental return of $520 per week (approx) and rent review every December
- Lease expires February 2026 with an option to extend for another 3 years
PLEASE NOTE: This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place.
Visit dha.gov.au to learn the benefits of investing in Defence Housing Australia property.
In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.
DHA lease benefits:
- DHA guarantees to pay the rent even if the property is vacant
- DHA Property Care, an all-inclusive service fee, covers a range of property related services
- The property is cleaned at the end of each tenancy period
- The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement)
- Lease reviewed every 31st of December of each year
Get in touch to arrange a private inspection, contact Hannah on 0499 448 873.
All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Disclaimer:
**Investing with DHA - This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place.
In accordance with DHA regulations, we advise that this property will be available for private inspection only and to pre-qualified buyers only.
**Photos are supplied under an agreement by DHA and are for illustration purposes only**
Property History for 40 Nesca Pde, The Hill, NSW 2300
- 20 Jun 2024Listed for Sale Under Contract
Recent sales nearby
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0About 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 1,416 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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