25/51-59 Princes Highway, Fairy Meadow NSW 2519

Nestled in the heart of Fairy Meadow this brick built apartment is located in a well maintained complex and exudes a peaceful and relaxed ambience.
Nicely positioned on the top floor with a southerly aspect and consisting of two good sized bedrooms the main with en-suite. A highlight to the home is the open plan kitchen which serves a generous size living room and leads onto your own private balcony with peaceful vista.
The secure complex provides lift access from your basement car space and will make an ideal option for retirees considering to downsize.

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. A unique opportunity to acquire two apartments side by side with unit 24 also for sale.

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