Ultimate Investment Opportunity - 6 Units on 1 Title
Proudly presenting this exceptional investment opportunity, featuring a full brick complex of six units all on one title, located in the sort after suburb of Gwynneville.
This property features 4x two-bedroom units and 2x one-bedroom units, providing many options for the savvy investor such as, further scope for modernisation and improvements internally to increase the current return and overall value, the potential to strata titles these units to then be sold off separately and of course future re-development opportunities (STCA)
All units are well proportioned with comfortable living spaces, well-appointed kitchens, sizeable bedrooms and bathrooms, internal laundry’s, balconies, ample storage and allocated carport parking spaces with two additional visitor parking.
Currently returning $124,800 Gross per annum, all on secure leases providing you with an immediate return on your investment.
The property is situated on a level 766m2 block with a 15.2 frontage, R2 zoned.
Whether you're looking to add to your portfolio, embark on a development project, or simply capitalise on the prime location, this Torrens title block of six units offers endless possibilities for the astute investors.
Positioned perfectly, steps away from Gwynneville’s vibrant Village, which is filled with cafes, restaurants and local shops, public transport at your doorstep with the free shuttle bus, Wisemans Park Bowling Club and Beaton Park Leisure Centre and Basketball courts and a short walk or drive to Wollongong CBD, University, Tafe, Public & Private hospitals and local beaches.
Key Features Include:
- The Ultimate Investment with 6x units on 1 Title
- 4x two-bedroom units and 2x one-bedroom units
- Currently returning $124,800 Gross per annum
- Solid brick construction with 8 on-site parking spaces
- Situated on a level 766m2 block with 15.2m frontage, R2 Zoned
- Opportunity to explore strata possibilities or redevelopment (S.T.C.A.)
Outgoings:
Council Rates $4797 per annum
Water Rates $5171 per annum
*** Sold by Anthony Sorace - 0413 690 459 - A-List Property Group***
Disclaimer:
Whilst A-List Property Group has made every effort to ensure the information supplied to you in our marketing material is correct, we cannot guarantee the accuracy of the information provided by our Vendors, and as such, A-List Property Group makes no statement, representation, or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, for marketing purposes.
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