Elders Real Estate Wollongong are proud to offer you this extremely rare block of flats
This property is positioned in a popular beach and lake side suburb of Windang
Set on a 575m2 land, zoned R2 with DIRECT BEACH ACCESS.
Offering an astute investor, a great opportunity to secure these solid well-built, brick and tile renovated and immaculately presented block of flats
Property features:
- Spacious 3 x 2-bedroom blats, BIW’s
- Open living areas
- Sleek modern kitchens and appliances,
- Polished floors,
- Well-appointed modern bathrooms
- Internal laundries,
- Private rear courtyards
- Air conditioning and off-street parking available
Current rentals:-
- Unit 1 – $530 p/w
- Unit 2 – $430 p/w
- Unit 3 – $480 p/w
Currently the property is fully leased, approx. annual return $73,000 – sought after cash positive return
Centrally located with direct beach access through the sand dunes to Windang Beach, Lake Illawarra, Golf Course, shops schools and transport.
Wollongong CBD town centre, Both public and private hospitals along with Wollongong University only a short drive,
Sydney CBD, and airport only 1 hour away
An Ideal strategic investment opportunity. Better than money in the BANK!!!!!
Call today and schedule your private inspection!