7/23 First Avenue South, Warrawong, NSW 2502

$510,000 - $550,000

Unit
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Published on Wednesday, October 21, 2026 ( See property details for 7/23 First Avenue South, Warrawong, NSW 2502)

$510,000 - $550,000

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

A low-maintenance, well-located two-bedroom unit offering excellent value for first home buyers, downsizers, and investors in Warrawong.

🏡 Property Highlights

  • Well-presented two-bedroom unit in a convenient location
  • Low-maintenance lifestyle ideal for first home buyers, downsizers, and investors
  • Dedicated car space for added convenience
  • Close to local shops, schools, and public transport
  • Affordable entry point with attractive rental estimates
  • Within a well-maintained complex with manageable strata costs

✨ Key Features

  • Two well-proportioned bedrooms
  • Comfortable living and dining area
  • Central bathroom
  • Dedicated car space
  • Low-maintenance lifestyle
  • Convenient location close to amenities
  • Strata costs approx $650/quarter
  • Council rates approx $400/quarter
  • Rental estimate $530-550/week
  • Well-maintained complex

Warrawong is a vibrant suburb offering excellent amenities, including shopping precincts, schools, and public transport options. Its convenient location provides easy access to major roads and local attractions, making it ideal for first-time buyers and investors seeking a low-maintenance lifestyle. The area boasts a friendly community atmosphere and a range of recreational facilities, ensuring a comfortable and connected living experience.

What is the condition of the property and are there any recent renovations?
The property is well-presented and maintained, with comfortable interiors that are move-in ready, requiring minimal additional work.
What are the ongoing costs associated with owning this unit?
Ongoing costs include strata fees of approximately $650 per quarter and council rates of around $400 per quarter.
Is the property suitable for investment purposes?
Yes, with an estimated rental income of $530-550 per week, it presents a solid opportunity for investors seeking a low-maintenance asset.
What amenities are nearby?
The property is close to Warrawong Plaza, local shops, schools, public transport, and major amenities, providing excellent convenience.
Are there any restrictions or special considerations for this property?
As a strata property, it is subject to the community's bylaws and strata management, which should be reviewed for specific restrictions.
Are there any upcoming strata fee increases or special levies planned for the complex? Has the property been affected by any recent or past flooding or bushfire risks? Are there any zoning restrictions or easements that could impact future renovations or development? Is there any history of structural issues or repairs needed for the property? Are there any planned developments or construction projects nearby that could affect the property’s value or living environment? What are the terms of the strata management agreement and are there any additional fees or responsibilities? Is the property compliant with all local building codes and regulations? Are there any restrictions on pet ownership within the complex? What is the history of the property's rental performance and tenant occupancy? Are there any noise or neighbour-related issues that potential buyers should be aware of?

7/23 First Avenue South, Warrawong, NSW 2502 - More Details

$510,000 - $550,000

Positioned in a convenient location close to the amenities of Warrawong, this well-presented two-bedroom unit offers an excellent opportunity for first home buyers, downsizers and investors alike.

Set within a well-maintained complex, the property provides a practical and low-maintenance lifestyle with comfortable interiors and everything you need for easy day-to-day living.

The accommodation comprises two well-proportioned bedrooms, a central bathroom and a comfortable living and dining area providing a great space to relax and unwind. A dedicated car space adds further convenience, while the property's low-maintenance nature makes it an ideal option for those looking for an easy-care home or investment.

With its combination of affordability, low-maintenance living and convenient location, the property represents an excellent opportunity for those looking to enter the market or expand their investment portfolio.

Property Features:
• Two well-proportioned bedrooms
• Comfortable living and dining area
• Central bathroom
• Dedicated car space
• Low-maintenance lifestyle
• Convenient location close to local shops, schools, transport and major amenities
• Excellent opportunity for first home buyers, downsizers or investors
• Strata costs approx $650/quarter
• Council rates approx $400/quarter
• Rental estimate $530-550/week

Located within easy reach of Warrawong Plaza and Shopping Precinct, local schools, public transport and the surrounding shopping and dining precinct, this property offers convenience without the maintenance associated with a larger home.

Whether you're looking to secure your first property, downsize or add a low-maintenance asset to your portfolio, this is an opportunity worth inspecting. Contact Mathew Niksic on 0421 475 872 today.
Type
Unit
Bedrooms
2
Bathrooms
1
Parkings
1

Inspections times

  • Inspection Sat 24 Oct 9:30 am

    Saturday 24 October
    9:30 am - 10:00 am
Thank you for submitting your reminder request.

Map & nearby places — 7/23 First Avenue South, Warrawong, NSW 2502

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School catchments

Government school zones this property is inside, from the outlines we hold. A zone can change, and being in a zone is not a guarantee of a place, so check with the school or the education department.

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