First National Real Estate Wollongong :: 1 - 4/65 Gilmore Street, Wollongong, NSW 2500

1 - 4/65 Gilmore Street
west wollongong NSW 2500

SOLD UNDER THE HAMMER

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An exciting investment opportunity comprising of 1 x 4 bedroom, 1 x 3 bedroom and 2 x 2 bedroom strata title townhouses.

Centrally located this neat and tidy complex awaits the astute investor. Tightly held for 30 years and developed to a massive floor ratio no longer available. Each residence offers a unique floorplan with spacious living areas, tidy kitchens and functional bathrooms. Multiple covered outdoor entertaining areas, lock up garages and carports.

Enjoy the benefits of a solid income steam and potential future capital growth. All 4 properties are strata titled, self managed and would be a quality addition to any portfolio.

Within close proximity to free city shuttle bus, Private Hospital, Wollongong University and the CBD supports its blue-ribbon appeal now and into the future.

Whether you are looking for a long term hold or to take advantage of the upgrade/renovate and sell each individually this opportunity's ripe for the picking.

TH 1: 4 Bedroom, 2.5 Bathroom, 1 Garage plus double carport

TH 2: 3 Bedroom, 2 Bathroom, 1 Garage

TH 3: 2 Bedroom, 1.5 Bathroom, 1 Garage

TH 4: 2 Bedroom, 1.5 Bathroom, 1 Garage

Current gross rental income: $1,660 per week. Potential rental return with improvements $1,930 per week

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Details

Property Type - BlockOfUnits

Land Area - 765m2

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