Contact Agent

8 Bed  •  4 Bath  •  4 Car  •  651m²

Main view of Homely block of units listing, 5 First Avenue, Warrawong NSW 2502
Floorplan of Homely block of units listing, 5 First Avenue, Warrawong NSW 2502
Second view of Homely block of units listing, 5 First Avenue, Warrawong NSW 2502
+11

New

5 First Avenue, Warrawong NSW 2502

Copy address

Contact Agent

  • 8
  • 4
  • 4
  • 651m²

Block of Units for saleNEW on Homely

Auction date:Wed 15 Oct 6:00pm

What's around First Avenue

Block of Units description

“Prime Investment – Secure, Profitable & Future-Proof”

An exceptional chance to secure a block of 4 oversized 2-bedroom units in the booming Warrawong CBD – one of the Illawarra's most exciting growth corridors.

With a long term proven annual gross return of approx. $94,120, this is a rock-solid, income generating asset that also offers enormous future value uplift as the precinct continues its transformation.

• Freehold, two level unit block with 4 x oversized 2 bedroom apartments.
• Ideal corner site in the heart of Warrawong's town centre.
• Proven occupation history with passing rent of $94,120pa – genuine potential to increase
• Capitalise on Warrawong's Government future planning and current CBD revitalisation
• Site Area of 651m2 and zoned R2 Low Density Residential

This is the kind of set-and-forget investment that delivers both immediate returns, potential uplift in value and long-term capital growth.

Opportunities like this are rare – secure your future prosperity today.




Disclaimer: We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including and without limitation, any income, rentals, dimensions, areas, zoning, inclusions and exclusions.

Council rates

$884 Quarterly

Land details

Area: 651m²

Interactive media & resources

Auction time

Wednesday
15 Oct 6:00 PM

Inspection times

Contact the agent
To request an inspection
Third view of Homely block of units listing, 5 First Avenue, Warrawong NSW 2502View more
Fourth view of Homely block of units listing, 5 First Avenue, Warrawong NSW 2502View more

Contact the real estate agent

Travis Machan

MMJ Real Estate - Wollongong

0Not yet rated
5 First Avenue, Warrawong NSW 2502
By submitting your enquiry, you agree to our Privacy Policy.

Nearby schools in and around Warrawong, NSW

Top reviews by locals of Warrawong, NSW 2502

Discover what it's like to live in Warrawong before you inspect or move.

Discussions in Warrawong, NSW

Wondering what the latest hot topics are in Warrawong, New South Wales?

Similar Block of Units for sale in Warrawong, NSW 2502

Properties for sale in nearby suburbs

Report Listing