118/7 Russell Street, Corrimal, NSW 2518

$585,000 - $635,000

Apartment
Type
1
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Monday, July 06, 2026 ( See property details for 118/7 Russell Street, Corrimal, NSW 2518)

$585,000 - $635,000

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

A modern, low-maintenance apartment in the heart of Corrimal offering stunning views, secure parking, and strong rental income potential.

🏡 Property Highlights

  • Prime central Corrimal location with walk-to-everything convenience
  • Currently leased at $560 per week for immediate income
  • Private balcony with escarpment and city views
  • Secure car space within a well-maintained complex
  • Low-maintenance, modern apartment with neutral finishes
  • Access to a secure community garden with shaded areas

✨ Key Features

  • Balcony
  • Built-in Robes
  • Security Screens / Gates
  • Open-Plan Living
  • Outdoor Area / Balcony
  • Internal Laundry
  • Garage / Secure Parking
  • Waterfront / Views
  • Pet-Friendly
  • Fly Screens

Corrimal is a vibrant coastal suburb renowned for its strong rental demand, convenient access to shops, cafes, and public transport, and a growing community atmosphere. Its well-maintained amenities and scenic views make it an attractive location for both tenants and investors. The area offers a blend of modern living and natural beauty, with ongoing growth prospects. Corrimal’s friendly neighbourhood vibe and limited high-quality stock ensure long-term lifestyle appeal and investment stability.

What are the ongoing strata or body corporate fees for this apartment?
The current strata fees are approximately $X per quarter, covering maintenance of common areas and building insurance. Please confirm with the managing agent for the latest details.
Is the apartment suitable for short-term rentals or Airbnb?
This apartment is suitable for long-term tenants; short-term rental restrictions depend on the strata scheme and local council regulations. Please verify with the strata manager.
What are the nearby amenities and transport options?
The property is within walking distance to shops, cafes, public transport, and local parks, providing excellent convenience for residents.
Are there any upcoming development plans or zoning changes in Corrimal?
Current planning documents indicate no major developments in the immediate vicinity; however, it’s advisable to review local council plans for future zoning or development activity.
What is the condition of the building and any recent renovations?
The complex is well-maintained, with recent upgrades to common areas. The apartment itself features modern finishes and neutral decor, ready for immediate occupancy or leasing.
Are there any hidden costs or special levies associated with the strata scheme? Has the property been affected by any flooding, bushfire risks, or environmental hazards? Are there any restrictions on pet ownership within the complex? Is there any ongoing or upcoming maintenance or repair work planned for the building? Are there any easements, covenants, or zoning restrictions that could impact future use or development? What are the terms of the current lease, and is there scope for rent increases? Are there any planned or recent nearby construction projects that could affect noise or views? Is the property compliant with all building and safety regulations? Are there any strata or community management issues or disputes? What are the long-term growth prospects and rental demand trends in Corrimal?

118/7 Russell Street, Corrimal, NSW 2518 - More Details

$585,000 - $635,000

Type
Apartment
Bedrooms
1
Bathrooms
1
Parkings
1
House Size
55 m²

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