Positioned in the heart of Wollongong CBD, this unique offering comprises two adjoining one bedroom serviced apartments within the Adina Hotels managed complex, delivering a seamless dual income stream.
Combining strong yield with premium management, the apartments are secured by a lease to Adina Hotels through to mid 2028, offering a true 'set and forget' investment with a consistent income stream and an estimated net return of up to 7%.
-Two adjoining serviced apartments sit in a premium CBD location.
-Low maintenance investment benefits from established hotel management.
-Lot 415 comprises a one bedroom apartment featuring a spacious balcony and modern kitchen with dishwasher.
-Lot 416 provides a studio apartment with a kitchenette and balcony.
-Full access is available to complex amenities including a pool, spa, sauna, and gym.
-Strong occupancy history supports reliable ongoing returns.
-Prime positioning allows for an easy walking distance to Wollongong Harbour, Blue Mile, Lang Park, cafes, and restaurants, plus free city bus access.
-Close proximity connects you to WIN Stadium, IPAC, Wollongong Central, Wollongong Golf Club, North Beach, the train station, hospital, and supermarkets.
This represents a rare opportunity to secure a dual key style investment in one of Wollongong's most convenient and consistently in demand locations.
Lot 415 Water $12pq* | Council $237pq* | Strata $966pq*
Lot 416 Water $11pq* | Council $236pq* | Strata $831pq*
All 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
