9 Grafton Avenue, Figtree NSW 2525

Stella Real Estate is pleased to present a unique opportunity to acquire a full block of four units in the highly sought-after suburb of Figtree. Offering immediate rental income, strong tenant demand, and future growth potential, this property is perfectly suited to astute investors seeking a secure multi-income holding. Featuring four self-contained units, all held under one title (no strata).
While the block is fully leased and already performing as a reliable investment, it also offers excellent scope for future improvement. With modern upgrades to kitchens, bathrooms, and finishes, there is significant opportunity to increase rental returns and further strengthen the property's long-term yield. Investors have the benefit of securing consistent income now, with the upside of enhancing value and boosting rental appeal through strategic updates in the future.
Property Features:

Unit 1 – Spacious two-bedroom unit with access to shared external laundry

Units 2 & 3 – Neat one-bedroom units with access to shared external laundry

Unit 4 – One-bedroom unit with its own private rear laundry

Designated parking space for each unit

All units are well-maintained and fully leased to quality tenants

Entire complex sits on one title – no strata fees or shared body corporate costs

Well-presented interiors with excellent tenant appeal

Investment Highlights:

- Strong and consistent rental history
- Low maintenance block with excellent long term investment security
- No strata fees- purchase the entire complex
- Sought after location ensuring long term rental demand

Location:

Situated in the heart of Figtree, this property offers outstanding convenience:

- Easy access to Figtree Grove Shopping Centre and local specialty shops
- Close proximity to primary and secondary schools
- Walking distance to sporting fields, clubs, and local amenities
- Direct freeway access to Sydney, making it attractive to a wide range of tenants

Rates:
Water: $692 pq - Approx
Council: $878.56 pq

Opportunities to purchase a complete unit block in such a prime Illawarra location are rarely available. With a strong rental return, no strata involvement, and consistent tenant demand, this property presents as a standout investment not to be missed.