806/59-61 Kembla Street, Wollongong, NSW 2500

Bedrooms
2
Bathrooms
2
Parkings
1
Type
Serviced Apartment

Last updated on Saturday, April 13, 2024

$485,500

806/59-61 Kembla Street, Wollongong, NSW 2500 - More Details

$485,500

**Investors Only** - OPEN FOR INSPECTION THIS FRIDAY AND SATURDAY

TOP FLOOR- WITH VIEWS TO MOUNT KIERA !!

This top floor two-bedroom apartment boasts stunning views across the region and to Mount Keira.

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- it's a solid NSW investment is a thriving region with a secure long-term tenant, Quest Hotels.

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 secure basement car park on title will attract investors wanting a blue chip New South Wales location.

Lease Details:
Rent as of June 2024: $680 per week -$35,405 pa
Return: 7.29% Gross, 6.39% Net
*** Please note gross yields do not include future upgrade works***

Lease Terms: Lease 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)

Disclaimer. The information provided herein, and any further information supplied, is provided by way of example only. It is intended as general information only and is not to be construed as investment, legal or taxation advice. Potential investors are encouraged to seek the advice of their legal, financial and other advisors prior to investing, so as to determine whether this type of investment is suitable for their specific needs.
The information contained has been provided to me by the vendors or third parties. Potential purchasers are advised to conduct independent due diligence to ensure its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is in fact accurate.
Type
Serviced Apartment
Bedrooms
2
Bathrooms
2
Parkings
1

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806/59-61 Kembla Street Wollongong NSW 2500

Property FAQs

What is the current asking price for the 806/59-61 Kembla Street, Wollongong, NSW 2500?

Serviced Apartment Sales has not listed a sale price for 806/59-61 Kembla Street, Wollongong, NSW 2500. Contact the agent for a price guide.

How many bedrooms does the property listed 806/59-61 Kembla Street, Wollongong, NSW 2500 feature?

806/59-61 Kembla Street, Wollongong, NSW 2500 is a 2 bedroom Serviced Apartment.

What are the standout features of the 806/59-61 Kembla Street, Wollongong, NSW 2500?

Explore all key property features for 806/59-61 Kembla Street, Wollongong, NSW 2500. Click here to find out more.

What is the total land area and built-up area of the 806/59-61 Kembla Street, Wollongong, NSW 2500?

The total land area and built-up area of the 806/59-61 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 806/59-61 Kembla Street, Wollongong, NSW 2500?

806/59-61 Kembla Street, Wollongong, NSW 2500 can accommodated 1 vehicles in the parking area.

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