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Back 35 Staff St
Off Market

35 Staff St

Wollongong NSW 2500

5
3
1
Block of units
Last sold for $1,140,000
David GearyDavid Geary, last sold this property on 20 May 2025 after 57 days on market.

Overview

Small block of flats

This investment property of three self-contained flats presents a rare opportunity to secure a versatile asset with immediate income as well as promising future growth and potential. Situated in an older style brick veneer complex, the property offers a 3-bedroom unit on the top floor and two 1-bedroom units on the lower, returning a healthy gross income of $70,720 per annum. Take advantage of the high-demand location, long-term leases and large block of land. This property has massive potential for improvement or further development, subject to council approval. A tremendous development opportunity... Lot size: exceeds 1,100 m2 Land dimensions: approx. 15.24 x 71.55 m (STS) Fully leased complex: $1,360 per week (gross) Best of both worlds, offers city living in a quiet setting Potential to renovate existing dwelling for improvement Refer to IM for full tenancy and apartment information. Disclaimer: We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including and without limitation, any income, rentals, dimensions, areas, zoning, inclusions and exclusions.

Features

5 bedrooms
3 bathrooms
1 carspace
Block of units

Estimated Value

We need at least 3 similar 5 bedroom block of units sold in Wollongong over the last 12 months.

Property history for 35 Staff St

2025
Sold
$1,140,000
Private Sale/Treaty on 20 May 2025 by David Geary, of Martin Morris & Jones Wollongong
2014
Sold
$600,000
Private Sale/Treaty on 31 Oct 2014 by Paul Spinelli, of Stone Real Estate Illawarra

Happy sellers in Wollongong

84%
84% of sellers in Wollongong reported that their sale price either exceeded or met their price expectations.

Wollongong stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 46 reviews in Wollongong over the last 12 months.

Local market activity for 5 bedroom block of units in Wollongong

In the last 12 months, 1 five-bedroom block of units similar to 35 Staff St, have been sold.

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Sarah Ward

Sellers who recommend Sarah Ward have praised them for being clear communication, local expert, friendly, honest, responsive, supportive and well-prepared

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