Terrific Investment Opportunity – Three Homes in One
House
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Property Information
- Land area approx 777sqm
- Council Rates $528/quarter
- Water Rates $151/quarter
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Double brick built and ready to earn, this unique property functions effectively as your very own 'unit block' on a boutique scale. Boasting a gorgeous rear view to the ocean, it enjoys strong versatility with two spacious apartments occupying an entire floor each, a separate cosy studio, and private front-door entry to all three residences. This brilliant address comes complete with further potential to add another dwelling in the generous backyard (STCA), and superb convenience for families, couples and singles alike close to transport links, local schools and the Lake Illawarra foreshore.
Easily managed investment with multiple income streams under one roof Potential rental income in the vicinity of $950 per week in total Three-bedroom apartment at street level offers a lounge plus eat-in kitchen Lower level two-bedroom apartment with dedicated living and dining Compact top-floor studio features a bright, open design with kitchenette High ceilings throughout, neat bathrooms, communal laundry facilities Concrete parking areas plus side driveway to large east-facing backyard Sought-after setting in a quiet street steps to sports fields, Wollongong bus Minutes' driving distance to lake's edge, beaches and Warrawong Plaza
Location and Amenities
Nearby Government Schools
Warrawong High School, Warrawong Public School, Lake Heights Public School, Cringila Public School, Berkeley Public School, Illawarra Sports High School, Kemblawarra Public School & Primbee Public SchoolNearby Private Schools
St Francis of Assisi Catholic Primary School, St Patrick's Catholic Primary School, St Pius X Catholic Primary School, Cedars Christian College, Aspect South Coast School, Farmborough Heights, Craig Davis College, Illawarra Christian School & The Illawarra Grammar SchoolContact Cristian Cignarella and Jordan Andonovski for more information.
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