Calling all Investors / Investor Special
The rarest of opportunities is here to acquire one of the last remaining and reasonably priced “Art Deco” block of units in the area still owned by one owner.
Situated in a prime Wollongong location and comprises 4×2 bedroom units, and all with individual car accommodation.
Each unit is presently tenanted. The opportunity is here for the astute investment purchaser to acquire and keep. The complex sitting on a 575m2 allotment as a whole, or further develop and sell off each unit separately.
Council Rates – $744 per quarter
Water Rates – between $850-$1000 per quarter depending on usage
Currently the income for these units in total per week week is $1,120