2/1 Mosbri Cres, The Hill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 514m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Situated in a niche complex of 4 Units, in the popular suburb of The Hill, this double brick, 45 year-old Unit, is sure to appeal to first home buyers looking to purchase a low maintenance home or an investor to start or add to their portfolio, in a desirable location. Alternatively, this unit may attract someone interested in downsizing, yearning for convenience at their fingertips. Unlike the rest of the Units, this home offers a private carport and ground floor access.
Kept in its original condition, this Unit is super neat and has remained in the family as a holiday home since 1977. Upon entry, the neat and tidy kitchen offers ample storage for all your kitchen appliances, with a display cabinet to feature your best crockery. The open living area is generous in size, with enough room for a dining table to host family dinners. A floor to wall tiled bathroom is positioned adjacent to the Master bedroom with ample closet space, and opposite the corridor to a smaller sized bedroom, which could also be utilised as a study area.
Private carport/access to the Unit
Ideally located, this Unit is approximately 600m from the Newcastle Recreation Reserve which includes Newcastle's notorious King Edward Park and further along, The Bogey Hole. In the short walking distance of approximately 400m, you will encounter Darby Street, where you can explore a variety of niche cafes, restaurants and boutiques, suited to every taste. Additionally, with easy access to a number of Newcastle's most popular beaches, local grocery stores and well-regarded schools, this home is sure to appeal to a family or individual longing for a relaxed, coastal lifestyle.
Outgoings:
Council rates: est. $437.00pq
Rental appraisal: est. $440.00 - $460.00pw
Self-managed Strata: est. $500.00pq; Admin est. $9484.00; Sinking est. $10,002.00
It is time for this property to find a new owner!
The size of The Hill is approximately 0.6 square kilometres. It has 9 parks covering nearly 25.7% of total area. The population of The Hill in 2011 was 1,716 people. By 2016 the population was 1,940 showing a population growth of 13.1% 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 $1800 - $2399 per month on mortgage repayments. In general, people in The Hill work in a professional occupation. In 2011, 46.9% of the homes in The Hill were owner-occupied compared with 44.7% in 2016.
The Hill has 1,384 properties. Over the last 5 years, Houses in The Hill have seen a 51.91% increase in median value, while Units have seen a 27.37% increase. As at 31 October 2024:
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