314/19 Market Street, Wollongong, NSW
For Sale | Price Guide $299,000Excellent Investment, Leased to 2028
Excellent INVESTMENT ONLY opportunity, on the eastern fringe of the CBD and only metres away from the city's spectacular beaches and other lifestyle attractions. Strong long term investment track record with the Adina Hotel group in place, this is the perfect set and forget investment. Comprises;
- Built 2008 with hotel lease in place to 2028.
- 43m2 hotel room style apartment with balcony.
- Net return of $19,036.33 to the year ending April 2025.
- Ample eateries and bars within close proximity to the development.
- City Beach, Harbour, picturesque Wollongong Golf Club, WIN Stadium and Entertainment Centre all within 300m to 600m, further demonstrating why the hotel business has performed so well over many years.
- Hotel has access to concierge/reception, lap pool, gym and sauna facilities.