Perfectly situated in the heart of one of Wollongong's prime growth corridors.
Nicely positioned on the second floor with a south easterly aspect and consisting of two good sized bedrooms, one bathroom, internal laundry, large open plan kitchen, dining and living leading onto your own private balconies.
Located within a security complex with access from your secure basement car space.
Centrally located in Fairy Meadow close to shops, doctors, cafes, supermarkets, restaurants, Wollongong University and the convenience of the Free Wollongong Shuttle Bus.
The property is returning a high rental yield of approximately 6.1% with the benefit of the Federal Government tax free NRAS incentive of approximately $11,300 per year for the next two years.
With a long term tenant keen to stay on this is a fantastic opportunity for the astute investor or first home buyer to purchase in this desirable location.
Body Corporate Fee's = $980.55 per quarter
Wollongong Council Rates = $329.30 per quarter
From all of us at Peter Fitzgerald Real Estate, we wish you every success in your search for your home. If you would like more details on this home or to discuss one of the many other properties we have available please call or email us today.