1/53 Corrimal St

Wollongong NSW 2500

35 m²

Apartment

Currently for sale - view listing

Overview

Lifestyle location with immediate income

Positioned in one of Wollongong's most convenient coastal pockets, this unit presents a solid investment opportunity with an existing tenancy in place. Located within walking distance to North Beach, local cafés, transport and the CBD, the property benefits from strong tenant appeal and consistent rental demand. Beyond its immediate investment value, it also offers an excellent opportunity for future owner-occupiers to secure a home in a highly sought-after lifestyle location, with the option to move in and enjoy everything the area has to offer once the current lease comes to an end. Currently leased at $450 per week until January next year, the property provides immediate rental income with minimal interruption, making it an attractive option for investors seeking a low maintenance addition to their portfolio. -Open plan living and dining area with good natural light -Functional kitchen with electric cooktop -Private balcony -Well maintained bathroom with practical layout -One bedroom with built in wardrobe and ceiling fan -Shared laundry facilities -Off street parking available -Low maintenance unit in a central location -Existing tenancy in place at $450 per week until January next year -Walking distance to North Beach, Wollongong Harbour, the CBD, cafés and transport Council $359pq* | Water $200pq* | Strata $967pq* *Figures are approximate Disclaimer: Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the information provided, and as such, McGrath Wollongong makes no statement, representation or warranty, and assumes no legal liability