Sold
31 Rowland Avenue,
Wollongong 2500, New South Wales
$2,105,000
Property details
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Agents
Charming Cottage with Multiple Income Streams
Based on the current market conditions we believe a rental return of the following is achievable:
• 4 Bedroom unit - $875 - $925 per week
• 1 Bedroom unit - $470 per week (Leased)
• 3 Bedroom unit - $900 - $990 per week
Combined estimated return: $2,245 - $2,385 per week
Situated all on one title this rare opportunity features three separate residences which can be leased or use as an Air BnB. Consisting of one main three bedroom home plus an attached one bedroom unit and a four bedroom home at the rear.
With inspiring investor or big-family potential, this superb property could not be better placed brimming with everyday appeal just a few minutes' stroll from the heart of the CBD.
Designed to generate a constant income stream (approx. $2,050pw), it offers rare flexibility of use complete with two freshly updated freestanding homes perfect for dual generations and a self-contained flat enjoying private access from McKenzie Avenue. Only moments from top schools, Wollongong Hospitals and beaches this is smart lifestyle buying of an exceptional calibre.
• Spacious and comfortable dual-level main home renovated throughout
• Three bedrooms plus sunroom/office, two lounges, entertainers' deck
• Modern kitchen, elegant bathroom with clawfoot bathtub, generous robes
• Second four-bed home with dual living areas, additional one-bedroom unit
• Tandem lock-up garaging, Mount Keira views rebuild for luxury (STCA)
• Ever-popular setting in a quiet street with city bus directly opposite
• Close proximity to shops, cafes and restaurants, TAFE, parks and beaches
Explore the area
School catchments
- The Illawarra Grammar School Combined K-12 Independent 0.97km
- St Therese Catholic Primary School Primary K-6 Catholic 0.98km
- Wollongong West Public School Primary K-6 Government 1.0km
- Coniston Public School Primary K-6 Government 1.3km
- Gwynneville Public School Primary K-6 Government 1.3km
- St Brigid's Catholic Primary School Primary K-6 Catholic 1.4km
- Mount St Thomas Public School Primary K-6 Government 1.4km
- Wollongong Public School Primary K-6 Government 1.6km
- Smiths Hill High School Secondary 7-12 Government 1.7km
- Keiraville Public School Primary K-6 Government 1.8km
- Lindsay Park Public School Primary K-6 Government 1.9km
- Edmund Rice College Secondary 7-12 Independent 1.9km
- St Mary Star of the Sea College Secondary 7-12 Independent 2.0km
- Figtree Heights Public School Primary K-6 Government 2.4km
- Keira High School Secondary 7-12 Government 2.5km
- Figtree High School Secondary 7-12 Government 2.6km
- Wollongong High School of the Performing Arts Secondary 7-12 Government 2.7km
- Figtree Public School Primary K-6 Government 2.8km
- Elonera Montessori School Combined K-12 Independent 2.9km
- Mount Keira Public School Primary K-6 Government 3.0km
- Nareena Hills Public School Primary K-6 Government 3.1km
- Illawarra Christian School Combined K-12 Independent 5.0km
- Cedars Christian College Combined K-12 Independent 5.7km
- Warrawong High School Secondary 7-12 Government 5.8km
- Illawarra Sports High School Secondary 7-12 Government 6.4km
- Corrimal High School Secondary 7-12 Government 6.5km
- Five Islands Secondary College Secondary 9-12 Government 7.3km
- Holy Spirit College Secondary 7-12 Catholic 7.8km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
Find out how much home loan repayments will be
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Photos
Floorplan
Contact Chris Talakovski
Contact Chris Talakovski
Chris Talakovski
31 Rowland Avenue, Wollongong NSW 2500
Request a callback
Chris Talakovski
31 Rowland Avenue, Wollongong NSW 2500