2 First Street, Wollongong, NSW 2500SOLD

Agent Details

 

BlockOfUnits Description

Block Of 8 - Now Selling!Re-Development Potential!

This block of units is in a prime location, situated in a quiet Cul-de-sac and only minutes away from the centre of Wollongong and all its amenities; transport, schools plus numerous eateries & bars. This sturdy double brick block of 8 units is the perfect investment opportunity, the likes of which will rarely be seen again!

Comprising 7 x two bedroom and 1 x one bedroom apartments. The property is a solid, well-constructed and on one title. There is a parking space for each apartment.

Lease, renovate or strata there are many options to consider.

Features include

* Land size – 684m2' 16.92m X 40.23m
* Rental Return $130,520 pa
* Two storey full brick building is a strong candidate for strata sub-division (STCA).
* Set in a quiet cul de sac and very close to the city centre, beaches and transport
* Impressive selection of restaurants and bars just a short stroll away
* Complex has further development potential
* Structure, Plumbing and electrical is all in excellent order.
* Information package available on request.

More Information

 

Features

 
General Features
  • Suitable For: Investors
  • Bedroom: 15
  • Bathrooms: 8
  • Garaging: 8
  • Land Size: 684 m2
  • Walk to (vicinity of): School (primary), Beach, Dining, Shops, Bus Stop
External Features
  • Balcony
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