7 Mosbri Cres, The Hill is a 4 bedroom, 4 bathroom House with 4 parking spaces and was built in 1975. The property has a land size of 540m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Located in the heart of The Hill this 538 m2 lot zoned R3 Medium Density is an opportunity to develop to your own desires and reap the rewards.
Currently configured as four one bedroom units returning $60,840 pa the opportunity stands to retain the current income while you create the best use of the site to your own desires.
Options subject to council approval include but are not limited to:
Knockdown and build significant residence
Retain current improvements and enhance
Develop to full potential with Townhouses or Apartments
Current Rents
Unit 1 $265 per week
Unit 2 - $300 per week
Unit 3 - $305 per week
Unit 4 $300 per week
For full information pack please email or call for more information.
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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