30/59-61 Kembla Street, Wollongong, NSW 2500

Bedrooms
2
Bathrooms
2
Parkings
1
Area
85m2
Type
Apartment

Last updated on Saturday, June 15, 2024

$459,000

30/59-61 Kembla Street, Wollongong, NSW 2500 - More Details

$459,000

INVESTORS- PRICED TO SELL!
An opportunity to secure a 2 bedroom + 2 bathroom + carpark investment apartment in the heart of Wollongong!

With no management or letting fees, and a secure rent of $634 per week paid regardless of occupancy- makes this a solid income stream in a thriving location,

Lease Details:
Rent as of June 2024- $634 per week - $32,997 per annum
*Return: 7.18% Gross - 6.24% Net
Leased to 14/06/ 2025 with 3 x 5 yr options

Rent Reviews and Increases:

Scheduled 4% increases- with market rent reviews every 5 years (next due June 2025)
Featuring full ensuite to master, main bathroom, separate lounge and meals area and galley style kitchen.
Boasting 71m2 internal living area, laundry facilities and a secure basement carpark on title- its a solid NSW investment is a thriving region.
In the heart of town with rental increases locked in until 2025.

**** PLEASE NOTE IMAGES ON MARKETING MAY BE OF GENERIC TWO BEDROOM LOT IN THE BUILDING***

Approximate Owner Outgoings:
Council Rates: $1383 per annum
Water Rates: $590 per annum
Body Corporate Administration fee: Paid by tenant
Body Corporate Sinking fund: $2368 per annum

*Please note gross and net yields are approximate and do not include future upgrade works.

Quest Wollongong is centrally located in the heart of the CBD, and an easy stroll to a vibrant blend of restaurant, cafes, cultural attractions, the main shopping precinct, Wollongong's harbour and beautiful beaches.
Home to the University of Wollongong and industrial businesses, the property attracts both business and leisure guests. With the WIN Sports & Entertainment Complex less than a 1km walk and a thriving business economy, this two-bedroom apartment with a secure car park will attract investors wanting a blue-chip investment in a New South Wales location.


Type
Apartment
Bedrooms
2
Bathrooms
2
Parkings
1
Area
85m2

Historical, Aerial view of properties in a suburb: Wollongong NSW 2500

Historical, Aerial view of properties in a suburb: Wollongong NSW 2500

  • Gain hidden suburb Insights
  • Track urban growth and development
  • Leverage Historical data and suburb transformation
  • Up-to-date, accurate intelligence about suburb
  • Track urban growth and development

FIRST REPORT FREE

Discount code: REALSEARCH

Order Now

Schools Near By 30/59-61 Kembla Street, Wollongong, NSW 2500

Please login to view schools information

Explore Wollongong NSW 2500

Please login to explore Wollongong NSW 2500

Email Enquiry To Serviced Apartment Sales

  • Personal Information Collection Statement
    This form is only to be used for sending genuine email enquiries to the Agent. Real Search Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

30/59-61 Kembla Street Wollongong NSW 2500

Property FAQs

What is the current asking price for the 30/59-61 Kembla Street, Wollongong, NSW 2500?

Serviced Apartment Sales has not listed a sale price for 30/59-61 Kembla Street, Wollongong, NSW 2500. Contact the agent for a price guide.

How many bedrooms does the property listed 30/59-61 Kembla Street, Wollongong, NSW 2500 feature?

30/59-61 Kembla Street, Wollongong, NSW 2500 is a 2 bedroom Apartment.

What are the standout features of the 30/59-61 Kembla Street, Wollongong, NSW 2500?

Explore all key property features for 30/59-61 Kembla Street, Wollongong, NSW 2500. Click here to find out more.

What is the total land area and built-up area of the 30/59-61 Kembla Street, Wollongong, NSW 2500?

The total land area and built-up area of the 30/59-61 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 30/59-61 Kembla Street, Wollongong, NSW 2500?

30/59-61 Kembla Street, Wollongong, NSW 2500 can accommodated 1 vehicles in the parking area.

  • Disclaimer

    All data and information contained in these FAQs is provided by Real Search as a courtesy only. Real Search does not make any representations or warranties regarding the accuracy and/or completeness of this data and information. Users should check directly with the agent to verify this data and/or information.

Explore More About Wollongong

Real Search makes searching for your new home easy with properties for sale in Wollongong and properties for rent in Wollongong. Are you looking for specific type of property? Real Search has units for sale in Wollongong and houses for sale in Wollongong. Real Search also provides 1 bedroom apartment for sale in Wollongong, 2 bedroom apartment for sale in Wollongong & 3 bedroom apartment for sale in Wollongong. Find best real estate agents in Wollongong. You can also check real estate agencies in Wollongong. Research the property market of Wollongong with a property report and suburb profile report on Real Search.