Property main details

5
5
3

Home For Sale

  • Sold For $406,600
  • Block of Units

Specifications

  • Property Type
    Block of Units
  • Land
    581.7 m2

Endless Possibilities

Rare opportunity to secure a mixed usage block of 5 complete with:- 2 x 2 bedroom & 1 x 1 bedroom self contained flats plus 2 x shop frontages. Also includes individual laundry facilities, garage plus double carport & situated in a prominent location.
The solid brick construction with off street parking access to the rear and additional on street parking at the front door could be suitable for a myriad of uses (STCA) or redevelopment.
With a potential gross rent in the vicinity of $645.00 per week (approx.) and further potential depending on usage, occupancy & or renovations. This property certainly offers a diverse investment opportunity without putting all your eggs in the one basket.
With a prominent exposure for commercial / shop possibilities (STCA) this is a prime opportunity for an entrepreneur who requires convenience, exposure & a village lifestyle as prerequisites.
Handy to primary school, parks, lake, ocean, bus transport & with Warrawong CBD/ Westfield minutes drive away, it's easy to see why Primbee is regarded as one of the Illawarra's premier lakeside suburbs.
Rent as is, live in or renovate & capitalise, the choice is yours!


Get in touch

We'd love to hear from you

If you're interested in looking at properties around the area, or want the latest information on the market in your neighbourhood, we'd love to hear from you. 

47 Illowra Crescent PRIMBEE 2502, New South Wales
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