Offering two residences on one title, both securely leased, this outstanding property presents a rare opportunity to secure an immediate dual-income investment in a highly desirable city-fringe location. Spacious in design, modern in presentation and thoughtfully configured for low-maintenance living, each home provides comfortable, independent accommodation that continues to appeal to quality tenants.
Set on a substantial 873sqm parcel (approx.) this is a versatile asset with significant long-term appeal. The front villa features a light-filled open-plan living and kitchen area, creating an inviting and functional space for everyday living. The second residence is equally impressive, offering separate lounge and dining areas, three well-proportioned bedrooms, a family-sized bathroom, private ensuite, excellent storage and a dishwasher. Both homes enjoy private, low-maintenance courtyards, while the sunny north-facing rear aspect and double garage add further practicality and value.
Positioned for outstanding convenience, the property is approximately 800 metres from Coniston's village shops, bakery, post office and train station, with schools, beautiful beaches, Figtree Grove Shopping Centre and Wollongong's vibrant CBD all just minutes away. Combining immediate rental income with exceptional future potential, this is a compelling opportunity to secure a premium investment in one of the region's most convenient and well-connected locations.
Current Rental Return
Unit 1: Currently leased at $715 per week, increasing to $750 per week from 25 September 2026
Unit 2: Currently leased at $750 per week until 17 June 2027
Combined Rental Return: $1,500 per week (from 25 September 2026)
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Important Numbers:
Council Rates: $711.79pq
Water Rates: $408.42pq
Agent: Sam Vescio LREA 1300806
*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 interest party should undertake their own inquiries as to the accuracy of the information published