23/51-59 Princes Highway, Fairy Meadow NSW 2519

Perfectly situated where the mountains meet the sea this central location is both thriving and popular.

Perched on level two with an outstanding North West aspect you will enjoy natural light throughout the day and glorious sunsets over the mountain range. Consisting of two good sized bedrooms, ensuite to main and a large open plan kitchen. Flowing from your living room enjoy a private balcony with an outlook into the central atrium. The apartment is located within a secure complex with access from your basement car space.

A location that offers so much within walking distance to specialty stores, doctors, cafes, supermarkets, restaurants, UOW Innovation Campus and the convenience of the Free Wollongong Shuttle Bus or Train Station.

The property is returning a high rental yield with the benefit of the Federal Government tax free NRAS incentive of approximately $11,300 per year until 2023.

With a long term tenant keen to stay on this is a fantastic opportunity for the astute investor or first home buyer to purchase in this sought after location.

Water Rates: $147.31 pq
Strata Rates: $980.55 pq
Council Rates: $411.00 pq