5 First Avenue South, Warrawong, NSW

Auction | 6:00pm
Wed 15th Oct
| Contact Agent
Other

Prime Investment – Secure, Profitable & Future-Proof

An exceptional chance to secure a block of 4 oversized 2-bedroom units in the booming Warrawong CBD – one of the Illawarra's most exciting growth corridors.

With a long term proven annual gross return of approx. $94,120, this is a rock-solid, income generating asset that also offers enormous future value uplift as the precinct continues its transformation.

• Freehold, two level unit block with 4 x oversized 2 bedroom apartments.
• Ideal corner site in the heart of Warrawong's town centre.
• Proven occupation history with passing rent of $94,120pa – genuine potential to increase
• Capitalise on Warrawong's Government future planning and current CBD revitalisation
• Site Area of 651m2 and zoned R2 Low Density Residential

This is the kind of set-and-forget investment that delivers both immediate returns, potential uplift in value and long-term capital growth.

Opportunities like this are rare – secure your future prosperity today.




Disclaimer: We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including and without limitation, any income, rentals, dimensions, areas, zoning, inclusions and exclusions.

Key Features
Property Type
Other
Car Spaces
4
Building Size
440 sqm
Land Size
651 sqm
Zoning
Zoned R2 Low Density Residential
Property ID:
3P16932
Auction:
Wed, 15th Oct
6:00pm
Auction venue:
MMJ Wollongong, G01/16-20 Belmore Street, Wollongong
Upcoming inspections:
Sat, 27th Sep
10:00am - 11:00am
Apple iCal Google (online) Outlook Live.com (online) Outlook.com (online)
Contact Agents

Email Agent Call Agent
Office: MMJ Real Estate, Wollongong
Director, Commercial & Industrial Sales
You might also like these See All