16 Gregory Street, Coniston NSW 2500

Set high and proud in a peaceful and picturesque cul-de-sac address, this versatile property overflows with investment or project appeal. Currently configured as two two-bedroom units, it has enjoyed a recent combined rent return of $860 per week – offering a solid two-in-one passive income stream, or exciting scope for family-friendly renovation approx. 2km from Wollongong city centre.

- Brick and tile property facing beautiful area outlooks on approx. 720.8sqm (approx.) of land
- Great investor opportunity with recent combined rental intake of $860 per week
- Two bedrooms, living room, eat-in kitchen and bathroom/laundry in each unit
- Convenient one storey layout with lock-up garage and storerooms underneath
- Spacious footprint providing excellent potential for reconversion to family home
- Or take full advantage of the position and build a new luxury residence (STCA)
- Approx. 1km to Coniston shops and station, 1.3km to Coniston Public School
- Approx. 1.8km to hospital precinct, 2.2km to dog beach and 3.6km to WIN Stadium

The below rates are provided as a guide:
Council rates $855.83pq approx.
Water rates $612.39pq approx.