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29/59-61 Kembla Street, Wollongong, NSW 2500 Sold
29/59-61 Kembla Street, Wollongong, NSW 2500 29/59-61 Kembla Street, Wollongong, NSW 2500-Floorplan

29/59-61 Kembla Street, Wollongong, NSW 2500

Bedrooms
2
Bathrooms
1
Parkings
1
Type
Apartment

Last updated on Tuesday, February 20, 2024

$462,000

29/59-61 Kembla Street, Wollongong, NSW 2500 - More Details

$462,000

The Quest Wollongong is located in the heart of the CBD, and conveniently located within walking distance to all amenities, a vibrant blend of restaurants, cafes, Wollongong's main shopping precinct, cultural and entertainment activities nearby at the WIN sports & entertainment complex.

> walk to Wollongong harbour and swim at a choice of spectacular beaches
> this modern two bedroom, two bathroom apartment boasts bright spacious open living spaces
> secure basement parking on title for sing car
> a perfect opportunity to secure a long term high yield Investment
> currently under a long term lease with Quest until June 2025
> current rent $640.00 per week. Gross P.A $33,000 Net P.A $29,000
> currently approximate 6% net return
> scheduled 4% annual rent increase each year until market review in June 2025 market rent reviews every 5 years
> Lease to 14 June 2025 with 6 x 5 year options
> owner's corporate capital works are paid by the tenant
> council = $1,381 pa, water = $693 pa, strata = $1,885 pa

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 accuracy of the information provided by our vendors, and as such, Molenaar and McNeice makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, for marketing purposes.
Type
Apartment
Bedrooms
2
Bathrooms
1
Parkings
1

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29/59-61 Kembla Street Wollongong NSW 2500

Property FAQs

How many bedrooms does the property listed 29/59-61 Kembla Street, Wollongong, NSW 2500 feature?

29/59-61 Kembla Street, Wollongong, NSW 2500 is a 2 bedroom Apartment.

What are the standout features of the 29/59-61 Kembla Street, Wollongong, NSW 2500?

Explore all key property features for 29/59-61 Kembla Street, Wollongong, NSW 2500. Click here to find out more.

What is the total land area and built-up area of the 29/59-61 Kembla Street, Wollongong, NSW 2500?

The total land area and built-up area of the 29/59-61 Kembla Street, Wollongong, NSW 2500 have not been disclosed. To find detailed information on the total land area and built-up area, contact the agent.

How many vehicles can be accommodated in the parking area of the 29/59-61 Kembla Street, Wollongong, NSW 2500?

29/59-61 Kembla Street, Wollongong, NSW 2500 can accommodated 1 vehicles in the parking area.

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