2-4 Northcliffe Dr, Port Kembla NSW 2505, Australia
This is your chance to secure a significant slice of real estate in Port Kembla/Warrawong – eight strata-titled units, rock solid block, close to everything…
Solid block of 8 two-bedroom strata-titled units
Ample on-site parking
Identical layouts throughout
Large bedrooms and separate lounge
Each unit has its own balcony and carport
Combined annual return $113,620
Opportunity to add serious value
Close to shops, dining, schools and beaches!
Savvy investors take note – this block of 8 two-bedroom units represents smart buying. Not only are you securing a solid building, with two levels and eight identical floor plans, but you’re also enjoying the space and proximity it brings in this popular suburb.
Offering off street parking spaces for eight vehicles on a low-maintenance level block, there is already a lot to like about this address. Each unit (four upstairs and four downstairs) offers the same thoughtful layout comprising two good-sized bedrooms, generous kitchen/dining, bathroom and separate lounge leading to a balcony. Two external laundries are also located on the ground floor.
Key to the attractiveness of this investment is the location – just a short walk to the rejuvenated Warrawong Plaza, dining, cinemas and more. Meanwhile, local parks, schools and beaches are just a short hop away, as are major transport links. Convenience plus!
The solid brick construction ensures a durable investment that currently generates $113k each year in rent – easily increased by making general updates to refresh the block. The identical mirror-image floorplans mean that any upgrades and maintenance will be efficient and cost-effective long term.
Whether living in one and renting the rest, or adding the entire block to your portfolio, this opportunity is a smart and timely investment in this rapidly changing area.
