51 Smith Street, Wollongong, NSW 2500

Bedrooms
12
Bathrooms
6
Parkings
6
Type
Block Of Units

Last updated on Wednesday, November 08, 2023

$3,155,000

Daniel Hastings Director - Head Auctioneer, Residential Sales

51 Smith Street, Wollongong, NSW 2500 - More Details

$3,155,000

Exceptionally well-maintained block of six 2-bedroom units, strata titled to provide flexibility in the management of this fabulous investment. Coupled with its high-demand rental address, this property delivers the opportunity for excellent capital growth in the years to come.

This rare offering also features:
• Approx 1980 construction date
• Six units, all well-proportioned and each with a separate internal laundry
• Varied condition throughout complex, from notably modernised units to more dated finishes
• Generous garage for each unit; Strata Plan shows sizes from 27 m2 to 43 m2
• Common areas in excellent order, recently refurbished
• Outstanding tenant history: one 43-year resident; another a resident for 20 years
• Market rental approx. $141,700 Gross Annual Return
• Convenient location: 8 minutes to Wollongong Harbour and City Beach; 5 minutes to Wollongong Central shopping mall; 10 minutes to WIN Sports & Entertainment Centres (approximate stroll times).

Building Report has been undertaken by Home Right Building Inspections.

Information pack contains tenancy lease details.
Type
Block Of Units
Bedrooms
12
Bathrooms
6
Parkings
6

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51 Smith Street Wollongong NSW 2500

Property FAQs

How many bedrooms does the property listed 51 Smith Street, Wollongong, NSW 2500 feature?

51 Smith Street, Wollongong, NSW 2500 is a 12 bedroom Block Of Units.

What are the standout features of the 51 Smith Street, Wollongong, NSW 2500?

Explore all key property features for 51 Smith Street, Wollongong, NSW 2500. Click here to find out more.

What is the total land area and built-up area of the 51 Smith Street, Wollongong, NSW 2500?

The total land area and built-up area of the 51 Smith 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 51 Smith Street, Wollongong, NSW 2500?

51 Smith Street, Wollongong, NSW 2500 can accommodated 6 vehicles in the parking area.

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