Immaculate Strata Block of Flats, Prime Beach Side/CBD Address

Modernised block of flats in highly desired "Smith's Hill" address, perfect for the discerning investor looking for a combination of high rental demand & a strong growth location. Fully occupied with an excellent mix of tenants and with ample potential to explore, this rare offering further entails;

 

Strata titled block providing excellent flexibility to manage your investment.

•              4x2 bedroom and 2x1 bedroom set ups.

•              5 large garages plus 3 additional parking spaces.

•              No urgent works required throughout the development, having been modernised in recent years.

•              Current Gross Annual Return of $133,380 p.a

•              Stroll or short drive to numerous beach side & CBD eateries/bars.

•              Approximate 6-7 minute walk to Nth Wollongong Beach, Train Station, Stuart Park & "Blue Mile" Coastal Bike Path.

•              686m2 land area, with dimensions 15.24m x 44.805m (Approximate)

•              Zoned R1 with Floor Space Ratio of 1.5 to 1.

•              Building Report has been conducted by Home Right Building Inspections

•              Information Pack available on request.