Some original features are the theme of this three bedroom quaint cottage (circa 1952) currently rented plus a separate flat under. The flat is currently vacant and ready for the work to start. The property was solidly constructed with high ceilings, some picture rails and ornate cornices. Upstairs recently freshly painted throughout with new carpet and new blinds. Situated in a very handy position with walking distance to North Wollongong Railway Station, North Wollongong Beach and Wollongong CBD and only a couple of minutes drive to access the M1 motorway to Sydney. Bus stop at front door. 695 square metre block with a 15.24 metre frontage and 45.72 depth. It is zoned B6. A great opportunity that is just waiting for you to add your own finishing touches to live in, rent out as an investment or redevelop for future capital gain.
Features Include:
* Three bedroom cottage with single lock up garage
* One bedroom flat under
* Close to North Wollongong Railway Station
* Close to Wollongong CBD
* Close to North Wollongong Beach
* Close to restaurants and clubs
* Close to Schools and University of Wollongong
* Bus stop at front door
* Quick access to M1 motorway to Sydney
* 695m2 block – zoned B6
* Ready for renovation or redevelopment
* Age: 64
* Council Rates: $2,464.01 per annum
* Water Rates: $673.52 + usage per annum
* Land dimensions: 15.24 x 45.72
* Land size: 646.2 square metres
* Current rent upstairs: $355 per week
* Potential rent downstairs: $150 per week
* Stamp Duty on $1,000,000 = $40,490 (approx)