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1 - 4/65 Gilmore Street, West Wollongong

SOLD UNDER THE HAMMER

11 Bed | 6 Bath | 7 Car
An exciting investment opportunity comprising of 1 x 4 bedroom, 1 x 3 bedroom and 2 x 2 bedroom strata title townhouses.

Centrally located this neat and tidy complex awaits the astute investor. Tightly held for 30 years and developed to a massive floor ratio no longer available. Each residence offers a unique floorplan with spacious living areas, tidy kitchens and functional bathrooms. Multiple covered outdoor entertaining areas, lock up garages and carports.

Enjoy the benefits of a solid income steam and potential future capital growth. All 4 properties are strata titled, self managed and would be a quality addition to any portfolio.

Within close proximity to free city shuttle bus, Private Hospital, Wollongong University and the CBD supports its blue-ribbon appeal now and into the future.

Whether you are looking for a long term hold or to take advantage of the upgrade/renovate and sell each individually this opportunity's ripe for the picking.

TH 1: 4 Bedroom, 2.5 Bathroom, 1 Garage plus double carport
TH 2: 3 Bedroom, 2 Bathroom, 1 Garage
TH 3: 2 Bedroom, 1.5 Bathroom, 1 Garage
TH 4: 2 Bedroom, 1.5 Bathroom, 1 Garage

Current gross rental income: $1,660 per week. Potential rental return with improvements $1,930 per week
11 Bed | 6 Bath | 7 Car

SOLD UNDER THE HAMMER

An exciting investment opportunity comprising of 1 x 4 bedroom, 1 x 3 bedroom and 2 x 2 bedroom strata title townhouses.

Centrally located this neat and tidy complex awaits the astute investor. Tightly held for 30 years and developed to a massive floor ratio no longer available. Each residence offers a unique floorplan with spacious living areas, tidy kitchens and functional bathrooms. Multiple covered outdoor entertaining areas, lock up garages and carports.

Enjoy the benefits of a solid income steam and potential future capital growth. All 4 properties are strata titled, self managed and would be a quality addition to any portfolio.

Within close proximity to free city shuttle bus, Private Hospital, Wollongong University and the CBD supports its blue-ribbon appeal now and into the future.

Whether you are looking for a long term hold or to take advantage of the upgrade/renovate and sell each individually this opportunity's ripe for the picking.

TH 1: 4 Bedroom, 2.5 Bathroom, 1 Garage plus double carport
TH 2: 3 Bedroom, 2 Bathroom, 1 Garage
TH 3: 2 Bedroom, 1.5 Bathroom, 1 Garage
TH 4: 2 Bedroom, 1.5 Bathroom, 1 Garage

Current gross rental income: $1,660 per week. Potential rental return with improvements $1,930 per week

Location

1 - 4/65 Gilmore Street, West Wollongong

Sold

Sold for $2,450,000

Property Type

Block Of Units

Land Size

765m2

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