47 West Street, Wollongong NSW 2500

Located in close proximity to the Wollongong CBD and business district, this property offers many investment alternatives. Are you a developer wanting to capitalise on the massive street frontage on Auburn St, the block size and B6 Enterprise corridor zoning potential (STCA)? Or an investor looking for a great investment opportunity with good returns?
The modern renovated 4 bedroom, 3 bathroom house is presently rented for $33,800 per year with the potential to increase at the end of the lease. The 721sqm property is located on the corner of West and Auburn Streets and provides a 41.55m street frontage on Auburn St.
Features include
* B6 Enterprise Corridor zoning
* Close proximity to the Wollongong CBD and business district
* Large 721sqm block (approx)
* 41.55m street frontage on Auburn Street
* 17.37m street frontage on West Street
* Modern renovated 4 bedroom, 3 bathroom house
* Presently rented for $33,800 per year with potential to increase.
* Suitable for development (STCA) and long term investment

Approximate figures:
* Water Rates - $150.99 per quarter
* Council Rates - $599 per quarter
* Market rent - $690 to $730 per week
* Current Rent - $650.00 per week