Enhance your portfolio effortlessly with a dual revenue stream by investing in this contemporary Adina Hotels managed apartment. Situated in the vibrant heart of the CBD mere steps away from Wollongong's dining, arts precincts, the scenic harbour and Wollongong City Beach, this property presents a rare and exciting investment opportunity. With an estimated annual return of approximately 5%-7% (according to last year's quarter statement), this investment prospect is one that should not be overlooked.
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Presently under lease and managed by Adina Hotels until mid 2028
Two adjoining serviced rooms in a prime lifestyle address
Low-maintenance investor choice with attractive returns
Lot 44 offers a one-bedroom apartment with a large balcony, contemporary kitchen with dishwasher
Lot 43 offers a studio apartment with a kitchenette and balcony
Secure single allocated car space in basement
Featuring a secure building with intercom system and communal pool/spa, sauna and gym access
Low vacancy rates provide assurance of a guaranteed minimum income
Situated an easy stroll to Wollongong Harbour, Blue Mile and Lang Park, this property boasts proximity to an array of cafes and restaurants, as well as convenient access to a free bus service. Enjoy the vibrant lifestyle and ease of transportation afforded by these amenities
