Offering an outstanding investment opportunity with an established rental return of $44,460 per annum and further rental increases scheduled for September, this unique property presents an ideal addition to any investment portfolio. Equally appealing to owner-occupiers, the flexible dual-income configuration provides the opportunity to reside in one residence while retaining the second as an income-producing asset, helping to offset mortgage repayments and living expenses.
Comprising two well-maintained apartments with only one common wall between them, the property delivers the perfect balance of lifestyle and investment potential, making it an attractive proposition for investors, first-home buyers and multi-generational families alike.
Set on a north-facing 531sqm parcel, the property comprises two well-maintained apartments delivering a duplex-style layout that appeals strongly to tenants. Each residence features its own private entrance, open-plan living and dining area, functional kitchen with breakfast bar, two well-proportioned bedrooms with built-in storage, internal laundry facilities, and undercover parking.
Recent improvements, including fresh paintwork and a new roof, provide added value and peace of mind for investors. Both apartments offer polished timber flooring, practical bathroom layouts with shower and bathtub combinations, and access to a generous level backyard.
Positioned in a quiet and convenient location, the property is within easy reach of local schools, parklands, Unanderra shopping precinct, public transport and major amenities. With strong rental demand in the area and future income growth already anticipated, this is a ready-made investment offering immediate returns and long-term potential.
Key Features:
• Current combined rental return of $44,460 per annum
• Scheduled rental increases due in September.
• Two self-contained two-bedroom apartments
• Duplex-style design with only one common wall.
• North-facing 531sqm allotment
• Freshly painted with new roofing completed.
• Functional kitchens with breakfast bars
• Polished timber flooring throughout
• Internal laundries in both residences
• Generous level backyard
• Double carport providing undercover parking.
• Quiet location close to schools, shops, parks and transport
• Excellent opportunity for investors seeking strong cash flow and future growth potential.
Disclaimer:
At Domain Illawarra Real Estate, we strive to provide accurate information in our marketing materials based on details supplied by our Vendors. However, we cannot guarantee the complete accuracy of this information. Therefore, Domain Illawarra Real Estate does not make any representation, statement, or warranty regarding the complete accuracy of the details shared. We strongly advise potential buyers to undertake their own due diligence when considering a property purchase. Please note that all photographs, maps, and images are for marketing purposes and are representative only.
