A rare opportunity in the heart of Woonona, 12 High Street offers a unique chance to secure five townhouse apartments on one title and a substantial parcel of land. Spread across approximately 1,363 sqm, this property combines immediate rental potential with scope for future enhancement or redevelopment opportunities (STCA).
Each of the five dwellings features a well-designed two-level layout with two bedrooms, spacious living areas, and internal laundries. The homes are of solid brick construction, providing durability and long-term appeal. Timber floorboards feature throughout, and all townhouses benefit from both front and rear access, offering convenience and flexibility for residents.
Renovation levels vary across the five lots, with one townhouse recently refurbished within the past 12 months and others remaining in largely original condition - a perfect scenario for investors looking to add value through upgrades or modernisation over time.
The expansive site provides excellent scope for future development or further improvement. There may be potential to construct additional dwellings or reconfigure the existing layout to maximise rental yield and capital growth (STCA).
Perfectly positioned in the heart of Woonona, this property enjoys unbeatable convenience just moments from vibrant village shopping, popular cafés and restaurants, quality schools, and city-bound transport links. The pristine beaches of the Northern Illawarra are only minutes away, while easy access to the M1 motorway and nearby train station makes commuting effortless. This combination of lifestyle and accessibility ensures the location remains highly desirable for tenants and future growth.
Key features:
Five two-bedroom townhouse-style apartments, all on one title
Brick construction with timber flooring and internal laundries
Varying levels of renovation immediate upside potential
Combined land area of approximately 1,363 sqm
Front and rear access for all dwellings
Off street parking for all properties
Potential for redevelopment or additional dwellings (STCA)
Prime Woonona location close to shops, transport, and beaches
An exceptional opportunity to acquire a solid investment with value-add potential in one of the Illawarra's most sought-after northern suburbs.
The Important Numbers:
Council Rates: $1,316.81 per quarter
Water Rates: $1020.65 per quarter
Land Size: 1,363sqm
*This advertising has been prepared by MMJ Real Estate (MMJ) for the purpose of advertising and general information only. MMJ do not guarantee, represent, or warrant that the information contained in this advertising is correct. Any interested party should undertake their own inquiries as to the accuracy of the information published.
