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Overview
1/53 Corrimal Street, WollongongPrice guide - NSW 2500
Positioned in one of Wollongong's most convenient coastal pockets, this unit offers a solid investment opportunity with an existing tenancy in place. It is located within walking distance to North Beach, local cafes, transport, and the CBD, making it highly appealing to tenants and ensuring consistent rental demand.
Beyond its immediate investment value, the property presents an excellent opportunity for future owner-occupiers to secure a home in a highly sought-after lifestyle location. Once the current lease expires, the new owner can move in and enjoy all the amenities and attractions the area has to offer.
The unit is currently leased at $450 per week until January next year, providing immediate rental income with minimal interruption. This makes it an attractive option for investors seeking a low-maintenance addition to their portfolio.
- Open plan living and dining area with good natural light
- Functional kitchen equipped with an electric cooktop
- Private balcony offering outdoor space
- Well-maintained bathroom with a practical layout
- One bedroom featuring a built-in wardrobe and ceiling fan
- Shared laundry facilities available
- Off-street parking is available
- Low maintenance unit situated in a central location
- Existing tenancy in place at $450 per week until January next year
- Walking distance to North Beach, Wollongong Harbour, the CBD, cafes, and transport
Council rates are approximately $359 per quarter, water rates around $200 per quarter, and strata levies approximately $967 per quarter. Figures are approximate.
This property combines convenience, lifestyle, and investment potential in a coastal setting, making it a compelling choice for a variety of buyers.
Change History
| Headline | When |
|---|---|
| $500,000 - $550,000 | |
| Price Guide $500,000 - $550,000 |
Location
Wollongong NSW 2500
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 35 sqm |
Market Insights for Wollongong NSW 2500
Other properties in this postcode
$600,000 - $650,000
415 & 416/19 Market Street, Wollongong NSW 2500
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
