31 Rowland Avenue

Wollongong NSW 2500

797 m²

Block of units

Currently for sale - view listing

Overview

Charming Cottage with Multiple Income Streams

Positioned in one of Wollongong's most convenient pockets, this beautifully maintained character cottage offers the perfect blend of traditional charm and modern potential. Whether you're looking to enter the market, invest in a high-growth area, or find a charming city-fringe residence, this property is a "must-see." Situated all on one title this rare opportunity features three separate residences which can be leased or use as an Air BnB. Consisting of one main three bedroom home plus an attached one bedroom unit and a four bedroom home at the rear. With inspiring investor or big-family potential, this superb property could not be better placed brimming with everyday appeal just a few minutes' stroll from the heart of the CBD. Designed to generate a constant income stream (approx. $2,050pw), it offers rare flexibility of use complete with two freshly updated freestanding homes perfect for dual generations and a self-contained flat enjoying private access from McKenzie Avenue. Only moments from top schools, Wollongong Hospitals and beaches this is smart lifestyle buying of an exceptional calibre. • Spacious and comfortable dual-level main home renovated throughout • Three bedrooms plus sunroom/office, two lounges, entertainers' deck • Modern kitchen, elegant bathroom with clawfoot bathtub, generous robes • Second four-bed home with dual living areas, additional one-bedroom unit • Tandem lock-up garaging, Mount Keira views rebuild for luxury (STCA) • Ever-popular setting in a quiet street with city bus directly opposite • Close proximity to shops, cafes and restaurants, TAFE, parks and beaches