154 Mount Keira Road

Comprising a neatly maintained collection of two-bedroom brick apartments, this versatile property is set to inspire the investor or developer in a central Mount Keira address. With all 4 units currently tenanted on excellent rents, it provides an exciting opportunity to secure your future in one fell swoop. The address itself ensures long-term lifestyle appeal, with city and Figtree Grove buses stopping virtually at the door and quality local schools, beautiful leafy parks and the University of Wollongong only a few minutes away. Small apartment block nestled on a generous 632sqm of prime land Each residence offers a bright lounge, two bedrooms and one bathroom Instant retirement plan, or the perfect way to both live-in and invest Polished timber floors, cute retro bathrooms, double carport onsite Plenty of potential to renovate/rebuild and maximise rental return 1km to Mount Keira primary, convenient commuting distance to CBD Popular family suburb with private schooling and beaches in easy reach A solid investment in a fantastic and sought after location.Having been owned by the same owners for 19 years this complex is a proven quality investment and would be a great addition to an existing portfolio or for those wanting to pursue a self-managed superfund. Perfect for long-term investors, it attracts great income while offering multiple options to increase its profitability and overall rental yield. 4 x 2 bedroom flats with Strata potential (STCA). The current combined rental income of $1,355pw ($70,460pa) and no strata fees make it an opportunity not to be missed. Unit 1: $375 per weekUnit 2: $310 per weekUnit 3: $360 per week Unit 4: $310 per week Additional opportunity to increase return through renovations and unit upgrades. Potential rental income with improvements to each unit $1,600 per week ($83,200).