×
You have no items in your shopping cart.
☰ ☰
Menu
Lot 12/59-61 Kembla Street, Wollongong, NSW 2500 For Sale
Lot 12/59-61 Kembla Street, Wollongong, NSW 2500 Lot 12/59-61 Kembla Street, Wollongong, NSW 2500-Floorplan Latest Aerial map Imagery for project Lot 12/59-61 Kembla Street, Wollongong, NSW 2500

Lot 12/59-61 Kembla Street, Wollongong, NSW 2500

Bedrooms
2
Bathrooms
2
Parkings
1
Type
Apartment

Last updated on Saturday, May 18, 2024

$449,000

Lot 12/59-61 Kembla Street, Wollongong, NSW 2500 - More Details

$449,000

Outstanding investment | Look no further than this serviced apartment located in the Quest Apartments centrally positioned in the heart of Wollongong CBD, an easy stroll to restaurants, cafes, cultural attractions, shopping precinct, and Wollongong's harbour and beaches.

This serviced apartment offers two bedrooms, combined lounge dining off the kitchen and single car allocation. The lease has been signed until 2025 and options until 2040 making this investment easy for the astute investor and or self-managed super fund.

Modern kitchen with stainless steel appliances & dishwasher
Recently replaced split system air conditioning to living area & ceiling fans to bedrooms
Built in wardrobe to bedrooms & additional linen storage
Large bathroom & ensuite with additional internal laundry
Plenty of natural light & refreshing neutral palette

The current rental return is $2,325.15 per month with guaranteed 4% increase annually. These serviced apartments are purely a set and forget investment but please note that they cannot be occupied by the owner

Please contact Lindsay Begley on 0412 661 512 to register your interest.

Lease details:
Rent as of July 2024: $2418.15 per month = $29,017.87 per annum
Return: 6.46% Gross = 5.60% Net
Next Market Review = June 2025
Lease terms, rent reviews and increases:

Lease to 15th of June 2025 with 3 x 5 year options
4% yearly increase with market rent reviews every 5 years (next due June 2025)

Rates & Outgoings:
Council: $340.45pq | Water: $172.10pq
Strata Administration Fee: Paid by Tenant (Quest)
Capital Works Fund: $450.00pq

Please Note: Net returns do not include future capital works or additional government taxes associated with property ownership.

Disclaimer: All prospective purchasers are encouraged to get their own independent financial and legal advice.
Type
Apartment
Bedrooms
2
Bathrooms
2
Parkings
1

Historical, Aerial view of properties in a suburb: Wollongong NSW 2500

Historical, Aerial view of properties in a suburb: Wollongong NSW 2500

  • Gain hidden suburb Insights
  • Track urban growth and development
  • Leverage Historical data and suburb transformation
  • Up-to-date, accurate intelligence about suburb
  • Track urban growth and development

FIRST REPORT FREE

Discount code: REALSEARCH

Order Now

Schools Near By Lot 12/59-61 Kembla Street, Wollongong, NSW 2500

Please login to view schools information

Explore Wollongong NSW 2500

Please login to explore Wollongong NSW 2500

Email Enquiry To Ray White Real Estate - Unanderra

  • Personal Information Collection Statement
    This form is only to be used for sending genuine email enquiries to the Agent. Real Search Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Lot 12/59-61 Kembla Street Wollongong NSW 2500

Property FAQs

What is the current asking price for the Lot 12/59-61 Kembla Street, Wollongong, NSW 2500?

Ray White Real Estate - Unanderra has not listed a sale price for Lot 12/59-61 Kembla Street, Wollongong, NSW 2500. Contact the agent for a price guide.

How many bedrooms does the property listed Lot 12/59-61 Kembla Street, Wollongong, NSW 2500 feature?

Lot 12/59-61 Kembla Street, Wollongong, NSW 2500 is a 2 bedroom Apartment.

What are the standout features of the Lot 12/59-61 Kembla Street, Wollongong, NSW 2500?

Explore all key property features for Lot 12/59-61 Kembla Street, Wollongong, NSW 2500. Click here to find out more.

What is the total land area and built-up area of the Lot 12/59-61 Kembla Street, Wollongong, NSW 2500?

The total land area and built-up area of the Lot 12/59-61 Kembla Street, Wollongong, NSW 2500 have not been disclosed. To find detailed information on the total land area and built-up area, contact the agent.

How many vehicles can be accommodated in the parking area of the Lot 12/59-61 Kembla Street, Wollongong, NSW 2500?

Lot 12/59-61 Kembla Street, Wollongong, NSW 2500 can accommodated 1 vehicles in the parking area.

  • Disclaimer

    All data and information contained in these FAQs is provided by Real Search as a courtesy only. Real Search does not make any representations or warranties regarding the accuracy and/or completeness of this data and information. Users should check directly with the agent to verify this data and/or information.

Explore More About Wollongong

Real Search makes searching for your new home easy with properties for sale in Wollongong and properties for rent in Wollongong. Are you looking for specific type of property? Real Search has units for sale in Wollongong and houses for sale in Wollongong. Real Search also provides 1 bedroom apartment for sale in Wollongong, 2 bedroom apartment for sale in Wollongong & 3 bedroom apartment for sale in Wollongong. Find best real estate agents in Wollongong. You can also check real estate agencies in Wollongong. Research the property market of Wollongong with a property report and suburb profile report on Real Search.