Develop, Occupy or Invest - Buy one or both

This one surpasses the rest! Quintessential CBD development site (STCA) to have all aspiring and established developers throwing their hat into the ring. Occupying a prominent corner position, these two blocks side by side take up a substantial 803sqm, have the benefit of two street frontages and enjoy the advantages of north east aspects to the back yards. Combine this to the immense rental demand in the immediate area and they become extremely desirable investments. Both combine single level appeal, proximity to absolutely everything, great condition internally and an already established rental income.

- The options are plentiful; with the ability to purchase individually or together, these properties truly have a broad range of appeal
- Number 21 is a beautifully renovated three bedroom home with two living areas or optional fourth bedroom, timber floorboards, two feature fireplaces and brand new kitchen and bathroom
- Number 23 is a three bedroom home currently returning $480.00 per week
- Absolute appeal across the board and flexibility with the array of options presented
- A 16 metre height limit, R1 zoning and a FSR of 1.5:1 adds to the already superfluous potential
- 2km or less to Wollongong CBD, University, Train Station, Private and Public Hospitals, Parks and recreational centres, local beaches, restaurants, cafs, the Princes Motorway and so much more
- Both homes have an abundance of off street car spaces
- A potential combined rental return of approx. $57,200.00 per annum, a fantastic way to service the mortgage while the DA is approved - all whilst the area continues to grow