3/28 Rann Street, Fairy Meadow, NSW 2519

$600,000

Unit
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Monday, July 06, 2026 ( See property details for 3/28 Rann Street, Fairy Meadow, NSW 2519)

$600,000

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

A well-presented, low-maintenance 2-bedroom apartment in a sought-after location, perfect for investors or first home buyers seeking convenience and comfort.

🏡 Property Highlights

  • Prime location within walking distance to shops, cafes, beaches, and Fairy Meadow's centre
  • Solid rental history with current lease at $550 per week until 13/2/2027
  • Low maintenance complex ideal for investors and first home buyers
  • Bright and comfortable 2-bedroom layout with polished timber floors
  • Modern kitchen with ample storage space
  • Undercover car space included

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Outdoor Area / Balcony
  • Internal Laundry
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Pet-Friendly
  • Low-Maintenance Yard

Fairy Meadow is a vibrant coastal suburb renowned for its beautiful beaches, convenient shopping precincts, and excellent transport links. Residents enjoy a relaxed lifestyle with easy access to cafes, parks, and recreational facilities. The area boasts strong rental demand, making it ideal for investors. Its close proximity to Wollongong ensures excellent connectivity for commuters. With a friendly community atmosphere, Fairy Meadow offers a perfect blend of seaside living and urban convenience.

What are the key features of this apartment?
This apartment features two bedrooms, a modern kitchen with ample storage, combined living and dining areas with polished timber floors, a spacious combined bathroom and laundry, and an undercover car space.
Is the property suitable for investment purposes?
Yes, the property has a solid rental history, is currently leased at $550 per week until 13/2/2027, and is located in a highly sought-after area with excellent rental demand.
What amenities are nearby?
The property is within walking distance to local shops, supermarkets, cafes, beaches, and Fairy Meadow's centre, with easy access to Wollongong's public transport including buses and train station.
What is the condition of the complex?
The complex is tidy and low maintenance, making it ideal for busy professionals, retirees, or investors seeking minimal upkeep.
Are there any additional costs associated with the property?
Yes, strata levies are approximately $748 per quarter, with council rates around $437.31 per quarter and water rates approximately $199 per quarter.
Are there any upcoming strata fee increases or special levies planned? Has the property been recently renovated or inspected for structural issues? Are there any zoning restrictions or easements affecting the property? Is the property located in a flood or bushfire-prone area? Are there any planned developments or construction projects nearby that could impact the property’s value or living environment? What are the terms of the current lease, and are there any restrictions on future tenancy or owner occupancy? Are there any hidden costs or maintenance issues not disclosed? Is the property compliant with all local building and safety regulations? Are there any restrictions on pet ownership within the complex? What are the long-term plans for the complex or surrounding area that could influence property value?

3/28 Rann Street, Fairy Meadow, NSW 2519 - More Details

$600,000

Sought-after location positioned for both lifestyle and convenience, this well-presented 2-bedroom apartment offers outstanding value just moments from the everyday essentials. Set in a tidy, low-maintenance complex, it presents a fantastic opportunity for investors seeking a long reliable rental, or first home buyers alike.
Enjoy the unbeatable convenience of being within walking distance to local shops, supermarkets, cafés, beaches and Fairy Meadow's centre.
Commuting is effortless with Wollongong's free bus route, Fairy Meadow train station, all nearby, making it highly appealing to tenants and residents alike.

•Two bright and comfortable bedrooms
• Combined living and dining areas polished timber floors.
• Modern functional kitchen with ample storage
• Spacious combined bathroom and laundry
• Undercover car space
• Solid rental history and currently leased at $550 pw



The Important Numbers:
Council: $437.31 per quarter (approx.)
Water: $199 per quarter (approx.)
Strata Levies: $748 per quarter (approx.)
Currently Rented for- $550 per week


*This advertising has been prepared by MMJ Real Estate (MMJ) for the purpose of advertising and general information only. MMJ do not guarantee, represent, or warrant that the information contained in this advertising is correct. Any interest party should undertake their own inquiries as to the accuracy of the information published.
Type
Unit
Bedrooms
2
Bathrooms
1
Parkings
1

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