“Astute Investment or potential development opportunity”
Exceptionally rare opportunity for those looking for a dual income investment or potential development opportunity within minutes from Wollongong CBD. With a current rental income of up to $40,000 plus per annum, this solid block of two apartments showcases a quality investment on a 664sqm near level block. To be sold in one line, the units are neatly presented and back directly onto the University of Wollongong.
- Both apartments are currently leased to long-term tenants
- 1x5 bedroom apartment, plus 1x2 bedroom apartment
- Detached one car garage plus undercover parking spot
- Scenic north facing location with University of Wollongong to rear
- 18.39m frontage (approx.) with great development potential (STCA)
- Quietly situated moments to Wollongong CBD, Hospital & Sydney acess