RARE OPPORTUNITY – BLOCK OF 5 FLATS
Elders Real Estate Wollongong is proud to present this exceptional investment opportunity in the highly sought-after suburb of Figtree.
This solid, well-maintained block of five brick and tile units offers the astute investor a rare chance to secure a tightly held asset with strong rental returns and future renovation upside.
Property Features:
- 4 x two-bedroom units
- 1 x one-bedroom unit
- Open-plan living and dining areas
- Balconies off bedrooms
- External laundries / Dedicated parking / garages
- Approx. 936m block/ Zoned R2 – Low Density Residential
- Ideal long-term investment
- Well-built brick and tile construction
The property is fully leased, generating a total of $122,980 per annum:
- Unit 1: $465 per week
- Unit 2: $500 per week
- Unit 3: $490 per week
- Unit 4: $490 per week
- Unit 5: $420 per week
Conveniently positioned close to Figtree Grove Shopping Centre, local schools, parks, and transport. Just minutes to Wollongong CBD, public and private hospitals, the University of Wollongong, cafes, restaurants, and the region's renowned coastal beaches.
Sydney CBD and airport approximately one hour away.
Set within a peaceful, family-friendly neighbourhood, this property represents an outstanding opportunity to secure a high-performing city-fringe investment in a rapidly growing location.
This is a must-see opportunity.
Contact us today to arrange your private inspection.
