8 FLATS – Central CBD Coastal Location!

Elders Real Estate Wollongong are PROUD to offer you this extremely rare block of flats. <br/><br/>Sought after cash positive return & prime re-development potential. Property is set on a 720m2 of land, zoned R1 with a F.S.R or 1.5:1<br/><br/>Offering an astute investor or developer a great opportunity to secure these solid well-built and immaculately presented block of flats. <br/><br/>6 x 2 b/r and 2 x 1 b/r Flats <br/><br/>The flats have been renovated and have good long-term tenants.<br/><br/>Currently the property is fully leased approx. annual return $125,000.<br/><br/>Garages, storage and off-street parking available.<br/><br/>Centrally located within easy walking distance to Wollongong Harbour, Blue mile and coastal beaches, Wollongong CBD town centre, both public and private hospitals along with Wollongong University only a short drive. Sydney CBD and airport only 1 hour away.<br/><br/>An ideal strategic investment opportunity - Better than money in the BANK!<br/><br/>Call today and schedule your private inspection.<br/><br/>Marketing of this exclusive property has been prepared by Elders Real Estate Wollongong for the sole purpose of general advertising only. Elders Real Estate do not guarantee, represent, nor warrant any information contained in this advertising. All Interested individuals should undertake their own inquiries as to the accuracy of the information provided.