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1/53 Corrimal Street, Wollongong, NSW 2500 Sold
1/53 Corrimal Street, Wollongong, NSW 2500 1/53 Corrimal Street, Wollongong, NSW 2500-Image 1/53 Corrimal Street, Wollongong, NSW 2500-Image 1/53 Corrimal Street, Wollongong, NSW 2500-Image 1/53 Corrimal Street, Wollongong, NSW 2500-Image 1/53 Corrimal Street, Wollongong, NSW 2500-Image 1/53 Corrimal Street, Wollongong, NSW 2500-Image 1/53 Corrimal Street, Wollongong, NSW 2500-Image 1/53 Corrimal Street, Wollongong, NSW 2500-Image 1/53 Corrimal Street, Wollongong, NSW 2500-Image 1/53 Corrimal Street, Wollongong, NSW 2500-Image 1/53 Corrimal Street, Wollongong, NSW 2500-Floorplan

1/53 Corrimal Street, Wollongong, NSW 2500

$510,000

Apartment
Type
1
Bedrooms
1
Bathrooms

Last updated on Monday, July 06, 2026 ( See property details for 1/53 Corrimal Street, Wollongong, NSW 2500)

$510,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A low-maintenance, centrally located apartment in Wollongong offering excellent investment potential and lifestyle convenience with a private balcony and existing tenancy.

🏡 Property Highlights

  • Prime coastal location within walking distance to North Beach and Wollongong Harbour
  • Solid investment with existing tenancy generating $450 per week
  • Low maintenance, centrally located apartment ideal for investors or owner-occupiers
  • Open plan living and dining with natural light and private balcony
  • Functional kitchen with electric cooktop and well-maintained bathroom
  • Bedroom featuring built-in wardrobe and ceiling fan
  • Shared laundry facilities for convenience
  • Off-street parking available for residents
  • Strong rental demand in a sought-after lifestyle area
  • Close to cafes, transport, and the CBD for easy access to amenities

✨ Key Features

  • Built-in Robes
  • Outdoor Area / Balcony
  • Ceiling Fans
  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Pet-Friendly
  • Internal Laundry
  • Low-Maintenance Yard
  • NBN / High-Speed Ready

Wollongong is a vibrant coastal city renowned for its stunning beaches, lively café culture, and excellent transport links. The suburb offers a relaxed lifestyle with easy access to the CBD, harbour, and North Beach. Its strong rental demand makes it an attractive location for investors. The area boasts a mix of modern apartments and historic charm, perfect for those seeking a balanced lifestyle. With ongoing development and a friendly community, Wollongong continues to grow as a desirable place to live and invest.

What are the current lease terms and when does the lease end?
The property is currently leased at $450 per week until January next year, providing immediate rental income.
Is the apartment suitable for owner-occupiers after the current lease ends?
Yes, the apartment offers an excellent opportunity for future owner-occupiers to secure a home in a highly sought-after lifestyle location.
What amenities are nearby?
The property is within walking distance to North Beach, Wollongong Harbour, the CBD, local cafés, and transport options.
Are there any additional costs associated with the property?
Approximate costs include council rates of $359 per quarter, water rates of $200 per quarter, and strata fees of $967 per quarter.
What maintenance is required for the apartment?
The apartment is well maintained, with a functional kitchen, bathroom, and built-in wardrobe, requiring minimal upkeep.
Are there any upcoming strata fee increases or special levies planned? Is the property compliant with all building and safety regulations? Are there any restrictions or easements affecting the property? What are the potential costs for future repairs or renovations? Is there any planned development or construction nearby that could impact the property? Are there any known issues with shared facilities or communal areas? What is the history of the property's maintenance and repairs? Are there any zoning restrictions or planning overlays in the area? Is the property located in a flood or bushfire-prone zone? Are there any ongoing or upcoming council or community projects in the vicinity?

1/53 Corrimal Street, Wollongong, NSW 2500 - More Details

$510,000

Positioned in one of Wollongong's most convenient coastal pockets, this unit presents a solid investment opportunity with an existing tenancy in place. Located within walking distance to North Beach, local cafés, transport and the CBD, the property benefits from strong tenant appeal and consistent rental demand.

Beyond its immediate investment value, it also offers an excellent opportunity for future owner-occupiers to secure a home in a highly sought-after lifestyle location, with the option to move in and enjoy everything the area has to offer once the current lease comes to an end.

Currently leased at $450 per week until January next year, the property provides immediate rental income with minimal interruption, making it an attractive option for investors seeking a low maintenance addition to their portfolio.

-Open plan living and dining area with good natural light
-Functional kitchen with electric cooktop
-Private balcony
-Well maintained bathroom with practical layout
-One bedroom with built in wardrobe and ceiling fan
-Shared laundry facilities
-Off street parking available
-Low maintenance unit in a central location
-Existing tenancy in place at $450 per week until January next year
-Walking distance to North Beach, Wollongong Harbour, the CBD, cafés and transport

Council $359pq* | Water $200pq* | Strata $967pq*
*Figures are approximate

Disclaimer: 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 information provided, and as such, McGrath Wollongong makes no statement, representation or warranty, and assumes no legal liability
Type
Apartment
Bedrooms
1
Bathrooms
1
House Size
35 m²

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