Situated just 20 minutes south-west of NSW'S fourth largest city, Wollongong, this dual income property ticks all the boxes for investors keen to take advantage of this booming region.
Offering two rents from the one property, this investment comes with outstanding rental yield of 5.6% - 6.0% and with appraised rental income of between $1,250 - $1,350 per week. Investors will enjoy an annual rental income of up to $70,000 p.a., plus the leverage the ongoing capital growth of this region.
Engineered to maximise space and liveability, this new house & land package opportunity comes turn-key ready, including all landscaping on a block size of 451sqm, presenting two independent dwellings under one title. As an already registered property, this makes for a timely investment purchase.
The beautiful Wollongong region, often dubbed as 'the new Shire', offers all the hallmarks of good investing as an attractive alternative to Sydney. With outstanding employment opportunities from Port Kembla to Shellharbour manufacturing investment, this is a population set to increase by 23% over the next 18 years, presenting sustained capital growth potential.
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Horsley New South Wales 2530
Horsley 2530, New South Wales