Domain Illawarra Real Estate is proud to offer an exceptional dual-income opportunity set on a substantial 880sqm parcel with an impressive 40-metre frontage. Currently split into 2 units and returning over $55,000 per annum, this solid brick property provides remarkable versatility for investors, extended families, or those seeking a home with additional income, while also offering exciting future potential for an additional dwelling , development, or granny flat, subject to council approval.
The main residence is a beautifully updated with three-bedrooms that welcomes you with a sense of warmth and comfort. Fresh new flooring enhances the generous open plan living and dining areas, while the modernised kitchen, complete with stainless steel appliances and ample storage, effortlessly connects with the home's inviting spaces. Each bedroom is oversized and thoughtfully appointed with plush carpet and mirrored built-in wardrobes. The stylish bathroom features a separate bathtub, double vanity, and separate toilet, complementing the practicality of the external laundry with additional storage. A sun-drenched covered patio overlooks the expansive shared yard, creating a peaceful setting for entertaining or relaxation. A secure lock-up tandem garage with workshop and extra driveway parking completes this impressive family style home unit. Currently returning $645 per week.
Downstairs is a fully renovated one-bedroom full-brick unit that offers a bright and contemporary retreat. Floating floors flow through the spacious living and dining area, seamlessly connecting to a modern kitchen fitted with stainless steel appliances and an electric cooktop. The renovated bathroom with internal laundry adds convenience, while the generous bedroom with built-in wardrobe and air conditioning ensures year-round comfort. With allocated parking and access to the shared level yard, this stylish unit is currently leased at $420 per week.
This rare offering combines solid construction, outstanding rental income ($55,380 per annum), and exceptional future potential in a highly convenient location just minutes from Warrawong Plaza, transport, schools, beaches, and local pools. A tightly held property of this calibre is seldom available, making this an outstanding opportunity for astute buyers seeking immediate returns and long-term upside.
Disclaimer:
At Domain Illawarra Real Estate, we strive to provide accurate information in our marketing materials based on details supplied by our Vendors. However, we cannot guarantee the complete accuracy of this information. Therefore, Domain Illawarra Real Estate does not make any representation, statement, or warranty regarding the complete accuracy of the details shared. We strongly advise potential buyers to undertake their own due diligence when considering a property purchase. Please note that all photographs, maps, and images are for marketing purposes and are representative only.
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