An exceptionally rare opportunity to secure an entire block of six fully strata-titled two-bedroom units in one line, offering immediate income with significant long-term upside.
The property offers investors multiple exit strategies, including holding for strong rental returns, selling individual units in the future, or long-term landbanking on a generous 1,038m² parcel in a high-growth coastal corridor.
The complex includes five carports and one lock-up garage, providing convenient off-street parking for tenants.
Ideally located within walking distance to Reddall Reserve and the foreshore of Lake Illawarra, while also offering easy access to Windang Road, connecting quickly to local shops, beaches and surrounding suburbs.
Opportunities to secure entire blocks of strata-titled units in the Illawarra area are extremely rare, making this a compelling addition to any serious property portfolio.
Important Numbers:
Council Rates: $2868 per quarter
Water Rates: $1224.78 per quarter
Rental Return: $109,720 per annum
Building & Pest report available on request.
*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.