16 Bent Street, Warrawong, NSW 2502

$1,223,000

Block Of Units
Type
6
Bedrooms
3
Bathrooms
2
Parkings
740 m²
Area

Last updated on Saturday, June 20, 2026 ( See property details for 16 Bent Street, Warrawong, NSW 2502)

$1,223,000

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A rare opportunity to acquire a solid, freehold block of three self-contained units with excellent income potential in Warrawong, NSW.

🏡 Property Highlights

  • First time on the market in almost 60 years
  • Solid brick construction with three self-contained units
  • Potential combined rental income of $1,600 per week
  • Substantial garage with high ceiling and side access
  • Multi-level backyard with established greenery and level lawn areas
  • Individual internal laundries for all three residences

✨ Key Features

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

Warrawong is a vibrant suburb offering excellent amenities, proximity to Lake Illawarra, and easy access to schools, shopping centres, and beaches. It is ideal for investors and families seeking a convenient lifestyle with strong community ties and growth potential. The area features a mix of established homes and new developments, making it a desirable location for long-term investment. Local parks, recreational facilities, and transport links enhance the suburb’s appeal. Warrawong’s affordability combined with its growth prospects makes it a prime choice for both owner-occupiers and investors.

What is the condition of the units and are there any recent renovations?
The units are well-maintained, with Units 2 & 3 featuring solid-brick construction and Unit 1 with brick-veneer. Unit 3 has been freshly painted inside and out, indicating ongoing upkeep.
Are there any planning or development restrictions on the property?
The property is on a 740m² land parcel with potential for future carport additions (STCA), but it is advisable to consult local council for specific planning restrictions.
What are the ongoing costs associated with the property?
Council rates are approximately $489.56 per quarter, and water rates are about $199.68 per quarter. Maintenance and management costs should also be considered.
Is there scope for increasing rental income?
Yes, with potential to update or renovate units, and scope for future development or additions, there may be opportunities to increase rental income.
Are there any known issues or defects with the property?
Based on available information, the property appears well-maintained, but a thorough inspection is recommended to identify any hidden issues.
Are there any easements, covenants, or zoning restrictions affecting the property? Has the property been affected by flooding, bushfire risks, or other environmental hazards? Are there any upcoming planning or development proposals in the area that could impact the property? What are the strata or body corporate fees and responsibilities, if applicable? Are there any hidden costs or upcoming maintenance expenses not disclosed? Is there any history of pest infestations or structural issues? Are there any noise or nuisance issues from nearby properties or infrastructure? Has the property been compliant with all building and safety regulations? Are there any restrictions on future modifications or extensions? What is the history of the property's title and ownership, and are there any encumbrances?

16 Bent Street, Warrawong, NSW 2502 - More Details

$1,223,000

Type
Block Of Units
Bedrooms
6
Bathrooms
3
Parkings
2
Area
740 m²

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