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Sold: Lot 3, Wollongong, NSW

Sold: Lot 3, Wollongong, NSW

310,000
6.37%  1 Bedrooms 1 Bathrooms Year Built: 2005

Centrally located in the heart of Wollongong CBD, an easy stroll to restaurants, cafes, cultural attractions, shopping precinct, and Wollongong’s harbour and beaches.

With a thriving economy this one bedroom apartment with car park on title will attract investors wanting to secure a solid New South Wales investment.

One bedroom open plan apartment, with split system heating/ cooling, stainless steel appliances including dishwasher, fully equipped laundry, spacious lounge/ dining room and carpark on title.
PLEASE NOTE:IMAGES ARE GENERIC AND MAY NOT BE OF EXACT LOT.

Apartment Asking Price Status Design Gross Return Weekly Rent Rent p/a
Lot 3 $310,000 SOLD 1 BR 6.37% $380 $19,757

4% increases to the rent until 2020.

Rent schedule:
June 2017-  $396 per week ($20, 548 p/a)  – 6.62%
June 2018-  $411 per week ($21, 370 p/a)  – 6.89%
June 2019-  $427 per week ($22, 224 p/a)  – 7.16%

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