8/10 Bessell Avenue, North Wollongong, NSW 2500-Image

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8/10 Bessell Avenue, North Wollongong, NSW 2500

8/10 Bessell Avenue, North Wollongong, NSW 2500

Price Guide $460,000

Unit

Type

Bedrooms

Bathrooms

Last updated on Tuesday, June 30, 2026 ( See property details for 8/10 Bessell Avenue, North Wollongong, NSW 2500)

Price Guide $460,000

Liam Mulcahy - Real Estate Agent - Molenaar + McNeice

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Danny Peterson - Real Estate Agent - Molenaar + McNeice

Danny Peterson Sales Agent

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AI Property Insight

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

A well-located, light-filled first floor apartment in North Wollongong offering strong investment potential and coastal lifestyle convenience.

🏡 Property Highlights

Prime coastal location just moments from North Wollongong Beach and walking tracks
Established Airbnb generating approximately $40,000 in FY25 with potential to increase income
Light-filled, open plan layout with generous living and dining space
Well-sized master bedroom with ample natural light
Low-maintenance complex ideal for investors and first home buyers
Close proximity to local public transport and CBD

✨ Key Features

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

Suburb and Property Insights of North Wollongong, NSW 2500

North Wollongong offers a vibrant coastal community with stunning beaches, scenic walking tracks, and excellent local amenities. The area boasts convenient access to public transport and the CBD, making it ideal for both lifestyle and investment. Residents enjoy a relaxed seaside atmosphere combined with modern conveniences, ensuring a desirable and accessible location for all. The suburb’s thriving rental market and scenic environment make it a prime choice for investors and homeowners alike.

Frequently Asked Questions

What is the current rental income and potential for future growth?

The property currently operates as a high-performing Airbnb with approximately $40,000 in FY25 and tracking around $52,000 annualised income through March for FY26, indicating strong income potential.

Is there scope to modernise or renovate the apartment?

Yes, the apartment presents clear scope for modernisation and adding value, making it suitable for owner-occupiers looking to personalise the space.

What are the ongoing costs associated with the property?

Annual costs include council rates of $1,693, water rates of $817, and strata fees of $1,470 per quarter.

Are there any restrictions or covenants on the property?

The property is part of a well-maintained complex with strata management; specific restrictions should be confirmed through the strata scheme documentation.

What are the nearby amenities and transport options?

The property is close to local public transport, the CBD, North Wollongong Beach, and walking tracks, providing excellent convenience and lifestyle options.

What to ask about this property to agent?

Are there any upcoming strata fee increases or special levies planned for the complex? Has the property been inspected for any structural or pest issues? Are there any planning or development applications nearby that could impact the property? Is the property compliant with all local building and safety regulations? What are the zoning restrictions and potential for future development or extensions? Are there any known flood or bushfire risks in the area? Are there any easements or covenants affecting the property? What are the long-term maintenance costs for the complex? Is there any history of disputes within the strata scheme? Are there any restrictions on short-term rentals or Airbnb operation in the complex?

8/10 Bessell Avenue, North Wollongong, NSW 2500 - More Details

Price Guide $460,000

Type: Unit
Bedrooms: 1
Bathrooms: 1

8/10 Bessell Avenue, North Wollongong, NSW 2500 - Point Of Interest

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Your Commute at a Glance: 8/10 Bessell Avenue, North Wollongong, NSW 2500

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8/10 Bessell Avenue, North Wollongong, NSW 2500

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