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5 Allan Street, Port Kembla, NSW 2505 For Sale
5 Allan Street, Port Kembla, NSW 2505 5 Allan Street, Port Kembla, NSW 2505-Image 5 Allan Street, Port Kembla, NSW 2505-Image 5 Allan Street, Port Kembla, NSW 2505-Image 5 Allan Street, Port Kembla, NSW 2505-Image 5 Allan Street, Port Kembla, NSW 2505-Image 5 Allan Street, Port Kembla, NSW 2505-Image 5 Allan Street, Port Kembla, NSW 2505-Image 5 Allan Street, Port Kembla, NSW 2505-Image 5 Allan Street, Port Kembla, NSW 2505-Image 5 Allan Street, Port Kembla, NSW 2505-Image 5 Allan Street, Port Kembla, NSW 2505-Image 5 Allan Street, Port Kembla, NSW 2505-Floorplan

5 Allan Street, Port Kembla, NSW 2505

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

Published on Tuesday, May 12, 2026 ( See property details for 5 Allan Street, Port Kembla, NSW 2505)

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

A versatile four-unit investment opportunity on a level 686sqm block in the heart of Port Kembla, offering strong rental income and redevelopment potential.

🏡 Property Highlights

  • Four self-contained dwellings on a single title, providing versatile rental options
  • Strong combined rental income of $1,160 per week, offering a reliable investment return
  • Generous 686m2 level block with potential for future redevelopment (STCA)
  • Independently metered units with own kitchens and bathrooms, ensuring tenant independence
  • Located in a rapidly developing coastal suburb with ongoing infrastructure upgrades
  • Long-term tenants in place, providing stability and ease of management

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Garage / Secure Parking
  • Ceiling Fans

Port Kembla is a vibrant coastal suburb experiencing significant growth, supported by major infrastructure upgrades and large-scale development projects. Its proximity to beaches, schools, and transport links makes it an attractive location for both tenants and investors. The area benefits from ongoing residential renewal and a strong community vibe, making it an ideal place for long-term investment and lifestyle. With a diverse range of amenities and future growth prospects, Port Kembla offers excellent opportunities for property owners seeking stability and potential appreciation.

What is the current rental income and vacancy rate for the property?
The property currently generates a combined rental income of $1,160 per week, with long-term tenants in place, indicating a stable income stream.
What redevelopment options are available for the property?
The 686m2 level block is zoned R2 Low Density Residential, offering potential for future development or subdivision, subject to council approval (STCA).
Are the units individually metered and self-contained?
Yes, each unit is independently metered for electricity and includes its own kitchen and bathroom, providing tenants with independence and convenience.
What are the nearby amenities and transport options?
The property is close to Wentworth Street, Port Kembla Train Station, local schools, beaches, and shopping centres, ensuring excellent connectivity and lifestyle options.
What infrastructure investments are planned for the area?
The NSW Government has committed $270 million to upgrade roads and transport links, alongside a $3.26 billion land transformation project at BlueScope Port Kembla, supporting long-term growth.
Are there any existing planning restrictions or easements on the property that could affect future development? What are the potential costs for property upgrades or repairs needed for the units? Is there any history of flooding or bushfire risk in the area? Are there any upcoming construction or infrastructure projects nearby that could impact the property? What are the strata or community management arrangements, if applicable? Are there any zoning or compliance issues that need to be addressed before redevelopment? What are the long-term plans for the surrounding neighbourhood that could influence property value? Are there any hidden costs associated with the property, such as levies or special rates? Has the property been inspected for structural issues or pest infestations? What are the terms of the current tenancy agreements, and are there any lease restrictions?

5 Allan Street, Port Kembla, NSW 2505 - More Details

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To download the Contract of Sale or Make an Offer please visit Dimosons Real Estate!

A single-title opportunity in the centre of Port Kembla, with four self-contained dwellings on a level 686sqm block. Returning $1,160/wk in combined rent, this is a genuine set-and-forget investment with long-term redevelopment potential in a fast growing coastal suburb.

PROPERTY HIGHLIGHTS
| Four separate dwellings on one title — already tenanted, single-level configuration
| Combined rental income of $1,160/wk (approx. $60,320/annum)
| Generous 686m2 block zoned R2 Low Density Residential - approx. 15.2 x 48m
| Each unit independently metered (ELECTRICITY) and self-contained with its own kitchen and bathroom
| Flat rear yard offering potential for further improvement (STCA)
| Dual-purpose investment — hold and collect, or land-bank for future build
| Surrounded by ongoing residential renewal and infrastructure investment
| Rear external laundry - potential to be converted into a study
| Long term tenancies in place
| $270 million NSW Government infrastructure package to upgrade roads and transport links around Port Kembla
| BlueScope Port Kembla Land Transformation — 200-hectare project to generate $3.26 billion and support 19,400 on-site jobs

CURRENT RENTS
UNIT 1: $290/wk
UNIT 2: $280/wk
UNIT 3: $300/wk
UNIT 4: $290/wk

GREAT LOCATION CLOSE TO
| Wentworth Street – 200m
| St Patrick’s Catholic Parish Primary School – 450m
| Port Kembla Train Station – 850m
| Port Kembla Beach – 1.9km
| Five Islands Secondary College – 1.8km
| Warrawong Plaza – 1.8km
| Port Kembla Public School – 2km
| MM Beach – 2km

PROPERTY HANDY FACTS
| Council Rates – $489.56/qtr
| Water Rates – $199.68/qtr
| Current rental return – $1,160/wk
| Level block – futher development potential (STCA)
www.dimosons.com.au

Contact Dimosons Real Estate on 4258 0088 today!

The information contained in this listing, including but not limited to property descriptions, prices, and addresses, has been provided to Dimosons Real Estate by third-party sources.

While we make every effort to ensure its accuracy, we cannot guarantee the information’s reliability. It’s strongly recommended that prospective buyers conduct their own due diligence and seek independent professional advice before making any property-related decisions.

Dimosons Real Estate disclaims any liability for inaccuracies or omissions in the information provided.

To download the Contract of Sale or Make an Offer please visit Dimosons Real Estate!

www.dimosons.com.au
Type
Block Of Units
Bedrooms
4
Bathrooms
4
Parkings
2
Area
686 m²

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