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25 Keira Street, Wollongong, NSW 2500 For Sale
25 Keira Street, Wollongong, NSW 2500 25 Keira Street, Wollongong, NSW 2500-Image 25 Keira Street, Wollongong, NSW 2500-Image 25 Keira Street, Wollongong, NSW 2500-Image 25 Keira Street, Wollongong, NSW 2500-Image 25 Keira Street, Wollongong, NSW 2500-Image 25 Keira Street, Wollongong, NSW 2500-Image 25 Keira Street, Wollongong, NSW 2500-Image 25 Keira Street, Wollongong, NSW 2500-Image 25 Keira Street, Wollongong, NSW 2500-Image

25 Keira Street, Wollongong, NSW 2500

Expressions of Interest Due 4pm, 5th November 2026

Block Of Units
Type
20
Bedrooms
10
Bathrooms
6
Parkings
613.4 m²
Area

Published on Wednesday, September 30, 2026 ( See property details for 25 Keira Street, Wollongong, NSW 2500)

Expressions of Interest Due 4pm, 5th November 2026

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

A rare investment opportunity to acquire a well-established, low-maintenance block of 10 units in the heart of Wollongong CBD with significant renovation potential.

🏡 Property Highlights

  • Rare opportunity to acquire an entire block of 10 residential units with multiple income streams
  • Solid double brick construction with terracotta tiled roof ensuring durability and low maintenance
  • Excellent occupancy record with scope for rental growth and value-add renovations
  • Prime CBD location in Wollongong with close proximity to shopping, transport, and beaches
  • Off-street parking for approximately six vehicles and a common ground-level laundry
  • Significant scope to modernise kitchens and bathrooms to enhance long-term returns

✨ Key Features

  • Built in robes
  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Outdoor Area
  • Floorboards
  • Pet-Friendly
  • Ensuite
  • Balcony
  • Internal Laundry

Wollongong CBD offers vibrant urban living with easy access to shopping, transport, beaches, and recreational facilities. The area boasts a strong rental market, diverse amenities, and a lively community atmosphere. Its strategic location makes it ideal for both tenants and investors seeking long-term growth. Proximity to Wollongong University and major employment hubs further enhances its appeal.

What is the current condition of the units, and what renovation opportunities are available?
The units are largely in original condition, providing opportunities to renovate kitchens and bathrooms, modernise interiors, and increase rental income.
What is the rental income potential and current occupancy rate?
The property currently generates approximately $270-$280 per week per unit, with an excellent occupancy record, and potential for rental growth as rents are below market levels.
Are there any restrictions or approvals required for future renovations?
Renovations would typically require council approval; it is advisable to consult local authorities for specific planning and building regulations.
What are the ongoing costs associated with maintaining the complex?
Ongoing costs include maintenance, council rates, insurance, and management fees, with the solid brick construction reducing long-term maintenance expenses.
Is there any potential for future development or expansion on the site?
Currently, the property is a well-established residential complex; any development potential would require council approval and assessment of zoning regulations.
Are there any existing easements, covenants, or zoning restrictions that could impact future renovations or development? Have there been any recent or upcoming planned infrastructure works or developments in the area that could affect the property? Are there any known issues with the building's structure, plumbing, or electrical systems? What are the strata or management arrangements, and are there any fees or special levies applicable? Is the property located in a flood or bushfire-prone zone, and what are the associated risks?

25 Keira Street, Wollongong, NSW 2500 - More Details

Expressions of Interest Due 4pm, 5th November 2026

A rare opportunity to secure an entire block of 10 residential units under one ownership, offering multiple established income streams and significant scope to enhance future returns.

Held in the same ownership for approximately 50 years, the complex is of solid double brick construction with a terracotta tiled roof, providing a durable and traditionally low-maintenance investment.

The complex comprises:

- 8 x 2-bedroom, 1-bathroom units
- 1 x 1-bedroom, 1-bathroom unit
- 1 x 3-bedroom, 1-bathroom unit

Currently returning approximately $270-$280 per week per unit, the property is considered to be below current market rental levels, presenting immediate potential for rental growth. The units remain largely in original condition, providing further opportunity to progressively renovate kitchens and bathrooms, modernise the accommodation and strengthen the long-term revenue stream.

The property has maintained an excellent occupancy record, with additional features including off-street parking for approximately six vehicles and a common laundry located on the ground level.

With 10 individual tenancies contained within one holding, this is an outstanding opportunity for investors seeking scale, diversified rental income and considerable value-add potential.

Positioned right in the heart of Wollongong CBD, the property enjoys exceptional everyday convenience. Wollongong Central is only a few minutes' walk away, North Wollongong Train Station is approximately 10 minutes on foot, and Beaton Park is also within easy walking distance, placing shopping, transport, recreation, schools, university facilities, restaurants and the beach all within close reach.

An Information Memorandum is available upon request.

Expressions of Interest close at 4:00pm on 5 November 2026.
Type
Block Of Units
Bedrooms
20
Bathrooms
10
Parkings
6
Area
613.4 m²

Map & nearby places — 25 Keira Street, Wollongong, NSW 2500

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