Elevated up on Nesca Parade, this tri-level property is immersed in the most incredible views stretching all the way from the ocean to Newcastle Harbour across the city to the mountains beyond and west to Mount Sugarloaf. Prepare to be captivated by the vistas that are magical by day and dazzling by night, with epic sunsets painting the sky each evening. Currently configured as three x four bedroom, one bathroom units, with a single garage each plus a separate storeroom, your options here are as varied and as exciting as the panoramic views that await you. As an investor, you might wish to adopt an 'as-is' approach benefitting from a lucrative rental stream of $119,080 per annum when fully let. There's also the option to renovate and strata each unit, increasing rent or on-selling to new investors or keen owner-occupiers. Beyond this, the sizable 619.7sqm block presents a golden opportunity to be turned into a stunning trophy home befitting the mesmerising views. Or why not extract maximum value from the block with an ultra-contemporary duplex? The choice is ultimately yours subject to council approval of course. The prime location enhances the allure. From catching waves at Bar Beach to leisurely walks or a picnic at King Edward Park, coffee dates on Darby Street, or a dip in the Bogey Hole-everything's a stone's throw away from here. - 619.7sqm block elevated up from the street to capture epic views - Approx. block dimensions of 15.7m/15.9m X 41.02m/40.28m, zoned R2 - 3 x 4-bed, 1-bath, 1 garage units, plus storeroom with bathroom, all on one title - Current returns of $119,080 pa when fully let; two of the three currently leased - 650m to Harris Farm, Genesis Gym, Cooks Hill Medical suites - 1500m to Bar Beach, 1200m to The Bogey Hole, 2.2km to Newcastle Interchange