14 Princes Highway

West Wollongong NSW 2500

890 m²

House

Currently for sale - view listing

Overview

Torrens Title Flats - 4 x 2 Bedroom Units - Income From Day 1

• Brick single level, low maintenance development situated so close to public transport, shopping centre and freeway access for both north and southbound commuters with a gross rental income of $94,120.00 per annum • Stable rental history with long term tenancies, four separate income streams providing diversified rental risk • Each unit complete with own front and rear entrance, internal laundry and single allocated carport • Opportunity to value add and increase rental return further by refurbishment of Units 1 & 2 • Two additional off street parking spaces for visitors or add them to future tenancies to increase rental income even further • Overall long-term investment appeal Inspect: By Appointment Zoning: R2 Land Size: Approximately 890sqm Rental income: Currently $1,810.00 per week Council Rates: $954.97 Per Quarter Water Rates: $807.60 Per Quarter