$2,200,000 - $2,300,000

9 Bed  •  8 Bath  •  8 Car

Main view of Homely block of units listing, 1 Pine Cres & 51 Heaslip Street, Coniston NSW 2500
Floorplan of Homely block of units listing, 1 Pine Cres & 51 Heaslip Street, Coniston NSW 2500
Second view of Homely block of units listing, 1 Pine Cres & 51 Heaslip Street, Coniston NSW 2500
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1 Pine Cres & 51 Heaslip Street, Coniston NSW 2500

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$2,200,000 - $2,300,000

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Block of Units for sale4 days on Homely

What's around Pine Cres & 51 Heaslip Street

Block of Units description

“Prime Investment Opportunity - Two Unit Blocks + DA Approval for Development”

This is an exceptional chance to secure two entire unit blocks on separate titles in a sought-after Coniston location. Offering strong rental income, no strata fees, and DA-approved plans for 4 large, modern townhouses, this property is perfect for investors or developers.

Key Features:
- Two separate titles – full ownership and control
- Garages for all units (located under Pine Crescent complex)
- Shared external laundries
- No strata fees
- DA-approved plans for 4 large stylish townhouses
- Close to transport, shops, and University of Wollongong
- All units are separately metered for electricity

Breakdown of Complex:

51 Heaslip Street:
4 x 1 Bedroom Units with garages and shared laundry facilities
Water Rates: $950/Quarter Approx.
Council Rates: $951.62/Quarter

1 Pine Crescent:
3 x 1 Bedroom Units
1 x 2 Bedroom Units
All with garage and shared laundry facilities
Water Rates: $950/Quarter Approx.
Council Rates: 979.06/Quarter

Total Current Weekly Income $2,670
Annual Income: Approx $138,840 (Plus annual rent increases)

This is a rare opportunity to secure a high performing investment with future development potential. Contact Emma Luchetti or Anton Summerfield to arrange and inspection.

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1 Pine Cres & 51 Heaslip Street, Coniston NSW 2500
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