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6 Bed  •  4 Bath  •  4 Car  •  846m²

Main view of Homely house listing, 25 Kembla Street, Balgownie NSW 2519
Floorplan of Homely house listing, 25 Kembla Street, Balgownie NSW 2519
Second view of Homely house listing, 25 Kembla Street, Balgownie NSW 2519
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25 Kembla Street, Balgownie NSW 2519

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  • 6
  • 4
  • 4
  • 846m²

House for sale9 days on Homely

Auction date:Thu 9 Oct 5:30pm

What's around Kembla Street

House description

“Rare Investment Opportunity – Triple Income Property in Prime Balgownie Location”

A truly rare and exciting opportunity in one of the Illawarra's most tightly held suburbs, this exceptional property in the heart of Balgownie Village offers unmatched versatility and value. Set on a generous 846sqm parcel of land on a quiet & private block, the property features three fully self-contained residences – perfect for investors, extended families, or savvy homeowners looking to generate strong rental returns.

Conveniently set back from the street via a private driveway, this property presents outstanding value and versatility for a range of buyers. Whether you're an investor seeking multiple income streams, a multi-generational family wanting to live close together with privacy, or a homeowner looking to occupy one residence and offset your mortgage with rental income – this property provides the flexibility to suit with 348sqm of internal space (approx)

Property Features:

Dwelling One - Three Bedroom Apartment with forth bedroom option:

Located on the upper level, this light-filled residence features spacious open-plan living, a large functional kitchen, three well-proportioned bedrooms, with the main benefitting from a walk in robe and ensuite. Ideal for families or long-term tenants, it also offers a huge rumpus space with North-East facing panoramas and ocean glimpses. The estimated rental income on this apartment is $750 per week.

Dwelling Two - Two Bedroom Apartment:

Situated on the lower level with its own separate entrance, this neatly presented apartment includes an open living/dining area, functional kitchen, two bedrooms, and plus an additional laundry. A great option for young couples, professionals, or small families, the property is currently leased to a long term tenant for $475 per week.

Dwelling Three - Bedsit/Studio:

Fully self-contained, this compact space is perfect as a rental, guest accommodation, or even a home office. It includes its own kitchenette, bathroom, and separate entry, offering excellent flexibility and consistent demand. Currently tenanted to a long term tenant for $320 per week.

This is a rare opportunity to secure a high-yielding, multi-residence property in a prime lifestyle location. With exceptional flexibility and strong current returns, this standout blue chip investment in Balgownie is one to be considered.

- Set on a fantastic 847sqm block in prime Balgownie location
- Three dwellings on one title with separate entry points for privacy
- Potential rental return on all three dwellings of $85,000 (approx)
- Lock up garages, carport plus driveway parking for multiple vehicles
- Established gardens and low-maintenance landscaping
- Walking distance to Balgownie Village shops, cafés, school & transport

Land details

Area: 846m²

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Auction time

Thursday
9 Oct 5:30 PM

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25 Kembla Street, Balgownie NSW 2519
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