35 Osborne Street, Wollongong NSW 2500

Situated within walking distance to the CBD and Hospital, and just a short drive to the University, this prime site offers a fantastic immediate rental return and the prospect of future redevelopment with current zoning of SP1 and land size of 481m2.


Currently configured as three renovated units, two being two-bedroom and an additional one-bedroom unit, this is a unique opportunity to add to your portfolio and plan how you can best maximise the potential.

-Completely refreshed/renovated interiors and exteriors
-Renovated kitchenettes and bathrooms with integrated laundry spaces and floor to ceiling tiles
-Combination of timber floors and carpet, along with fresh paint and blinds
-Reverse cycle air-conditioning and off-street parking
-Expected gross permanent rental return of $65,000pa
-Potential for increased returns if utilised as short-term accommodation
-Close to public transport and shops as well as walking distance to the CBD and Hospital


Council Rates - ~$578 per quarter
Water Rates - ~$151 per quarter (plus usage)




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