Located on the on the fringes of the CBD and walking distance to Wollongong’s best beach this one bedroom apartment is a lovely entry level property.
Positioned on level one the unit boasts a Westerly orientation which provides a lovely aspect. Inside you will find a combined lounge and meals area, good size bedroom with built in robe and retro style bathroom. Other features include timber flooring throughout, ceiling fans, solid brick construction and lots of natural light.
It is a fantastic opportunity for those looking for their first property purchase, the unit is set within a small complex of 8 with a secure entry, it is low maintenance and has a lower level shared laundry.
Within walking distance to the mall, public transport, cafs/restaurants & North Wollongong Beach this property is handy for an owner occupier or an investor looking for a position which appeals to a broad range of tenants. The unit is currently tenanted to a long term tenant for $270.00 per week, however with additional improvements you could see the rental income increase to $330.00 -$350.00 per week.
Water Rates: $149.35 per qtr
Council Rates: $350.56 per qtr
Strata Rates: $675.45 per qtr