3 Moore Place, Warrawong, NSW 2502

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Block Of Units
Type
4
Bedrooms
2
Bathrooms
2
Parkings
570 m²
Area

Published on Monday, July 20, 2026 ( See property details for 3 Moore Place, Warrawong, NSW 2502)

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

Two well-positioned 2-bedroom brick units on a large block with stunning lake views and significant rental upside in a high-growth coastal suburb.

🏡 Property Highlights

  • Elevated position capturing wide lake views
  • Large individual lock-up garages
  • Currently leased at $845/week with potential to increase to $1,040/week
  • Two spacious 2-bedroom brick units on one title
  • Long-term tenants with scope for renovation and value addition
  • High growth, coastal suburb with excellent amenities

✨ Key Features

  • Garage
  • Open-Plan Living
  • Waterfront / Views
  • Built-in Robes
  • External Laundry
  • Floorboards
  • Security Screens / Gates
  • Ensuite
  • Balcony
  • Pet-Friendly

Warrawong is a vibrant coastal suburb renowned for its scenic lake views, proximity to beaches, and excellent amenities including shopping centres, schools, and recreational facilities. It offers a strong community vibe, high growth potential, and easy access to transport links, making it an ideal location for both investors and families seeking a relaxed coastal lifestyle.

What is the current condition of the units and potential for renovation?
Both units are in original condition, offering scope for cosmetic improvements to increase rental income and property value.
Are the units separately metered for utilities?
Yes, each unit is separately metered for electricity, with an updated meter board.
What are the rental prospects and current tenants' lease terms?
Unit 1 is leased at $390/week with a potential to increase to $520/week, with a 22-year tenancy expiring September 2026. Unit 2 is leased at $455/week, with potential to increase to $520/week, with a 5-year tenancy expiring November 2026.
What amenities and services are nearby?
The property is close to Warrawong Plaza, local schools, Lake Illawarra, and beaches including Port Kembla and Fishermans Beach.
Is there scope for future development or expansion?
The large land size of 570m² and the potential to renovate the units provide opportunities for adding value or further development, subject to council approval.
Are there any zoning restrictions or easements affecting the property? What are the potential costs for future renovations or upgrades? Are there any planned developments or construction projects nearby that could impact the property? Is there any history of flooding or bushfire risk in this area? Are there any strata or community title considerations, or is it freehold? What are the total ongoing costs, including council and water rates? Are there any existing or upcoming maintenance issues with the units or land? Has the property been inspected for pests or structural issues? Are there any restrictions on pets or other use limitations? What are the terms of the current leases, and are there any upcoming rent reviews or lease expirations?

3 Moore Place, Warrawong, NSW 2502 - More Details

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Type
Block Of Units
Bedrooms
4
Bathrooms
2
Parkings
2
Area
570 m²

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