4/59-61 Kembla Street, WOLLONGONG NSW 2500

Ali Yagmur of Domain Illawarra Real Estate is proud to offer this truly wonderful two bedroom investment in the Quest Apartments located in the heart of the city. New lease signed till 2025 and options till 2040 making this a truly unique investment for the astute investor and or self-managed super fund. The current excellent rental is $473.07 per week with guaranteed 4% increases annually which is superior than having your money in the bank. The large 2-bedroom unit is approx. 100 sqm with the allocated 2 car spaces. Featuring a spacious open plan living area that combines with the dining and kitchen. Built in wardrobes and ensuites to both bedrooms with an internal laundry. These serviced apartments have become the fastest growing sectors of the accommodation markets. Quest has emerged to become the largest and most successful apartment hotels brand in Australasia. Note that this is an investment property only. Outgoings per quarter: Council $323.73 Water $172.04 Capital Works $299.75