Penthouse offering amazing returns for investors

$600,000 to $660,000

  5  7 Staff Street Wollongong nsw 2500

This property has consistently achieved high rental returns and is presently rented fully furnished for $600 per week. This great value penthouse apartment covering the entire top floor is situated in the heart of Wollongong, close to the hospital, train station, access to the University shuttle bus and a short stroll to the mall. It's a spacious three bedroom apartment and perfect for entertaining, offering a large wrap around balcony to enjoy stunning ocean views. The open plan carpeted lounge and dining area opens onto the very modern kitchen with ceramic stove top, stainless steel dishwasher and plenty of bench and storage space. A separate internal laundry providing an extra toilet with more storage space and two linen closets in the hall, two of the three bedrooms consist of built in wardrobes and one with its very own private balcony. This apartment is situated in a security building, in a small complex of only 5 units with a single lock up garage to finish off the package. Features include * Close to hospital, transport, shopping centres & Wollongong's University Shuttle Bus * Three bedrooms, main with balcony and mirrored built in wardrobe * The property is leased, fully furnished * High rental returns leased for $600 per week * Modern bathroom with separate shower & bath tub * Internal laundry with extra toilet * Modern kitchen with stainless steel appliances and dishwasher * Huge entertaining balcony offering ocean views * Single lock-up garage in a security building Age 38 Years Council Rates: $1460.48 p.a Water Rates: $673.52 p.a. Strata Rates: $876.45 per quarter Current Rent: $600 p/w Current Lease ends: 18/01/2021

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