110-112 Gladstone Avenue, Coniston NSW 2500

Presenting an unmissable investment opportunity, this six-unit complex is being offered to the market for the first time.

Set on a 997 m2 block with an R3 Medium Density zoning, each unit contains two bedrooms, one bathroom, a balcony, and comes with a designated off-street parking space. All units are currently rented with a combined gross rental return of $105,560 per annum with the potential to increase.

Conveniently located within walking distance to Coniston train station, local cafes and a short 5-minute drive to Wollongong's CBD. Easy access to the freeway places you within an 80-minute drive to the Sydney CBD.

Consistently experiencing high capital growth, Coniston appeals to the savvy investor who is also seeking great cashflow.

Additional complex features include:

• Each unit contains internal laundry
• Zoned R3 (0.75:1FSR & 13 m Height Limit)
• Plenty of potential to add capital improvements (STCA)
• Short drive or walk to Wollongong CBD, beaches and public transport.

For more information, please call Cooper Reed on 0447 178 967.