47 West Street, Wollongong, NSW 2500SOLD

Agent Details

 

House Description

Enterprise corridor with huge potentialLocated in close proximity to the Wollongong CBD and business district, this property offers many investment alternatives. Are you a developer wanting to capitalise on the massive street frontage on Auburn St, the block size and B6 Enterprise corridor zoning potential (STCA)? Or an investor looking for a great investment opportunity with good returns?

The modern renovated 4 bedroom, 3 bathroom house is presently rented for $33,800 per year with the potential to increase at the end of the lease. The 721sqm property is located on the corner of West and Auburn Streets and provides a 41.55m street frontage on Auburn St.

Features include
* B6 Enterprise Corridor zoning
* Close proximity to the Wollongong CBD and business district
* Large 721sqm block (approx)
* 41.55m street frontage on Auburn Street
* 17.37m street frontage on West Street
* Modern renovated 4 bedroom, 3 bathroom house
* Presently rented for $33,800 per year with potential to increase.
* Suitable for development (STCA) and long term investment

Approximate figures:
* Water Rates - $150.99 per quarter
* Council Rates - $599 per quarter
* Market rent - $690 to $730 per week
* Current Rent - $650.00 per week

More Information

 

Features

 
General Features
  • Bedroom: 4
  • Bathrooms: 3
  • Carports: 2
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