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Overview
415 & 416/19 Market Street, WollongongPrice guide - NSW 2500
Positioned in the heart of Wollongong CBD, this unique property comprises two adjoining serviced apartments within a managed hotel complex, offering a seamless dual income stream. This investment combines strong yield with premium management, secured by a lease through to mid-2028, providing a reliable 'set and forget' opportunity with an estimated net return of up to 7%.
- Two adjoining serviced apartments located in a prime CBD location.
- Low maintenance investment benefiting from established hotel management.
- Lot 415 is a one-bedroom apartment featuring a spacious balcony and a modern kitchen equipped with a dishwasher.
- Lot 416 is a studio apartment with a kitchenette and balcony.
- Full access to complex amenities including a pool, spa, sauna, and gym.
- Strong occupancy history supports consistent ongoing returns.
- Conveniently located within walking distance to Wollongong Harbour, Blue Mile, Lang Park, cafes, restaurants, and free city bus access.
- Close proximity to WIN Stadium, IPAC, Wollongong Central, Wollongong Golf Club, North Beach, the train station, hospital, and supermarkets.
This represents a rare opportunity to secure a dual key style investment in one of Wollongong's most convenient and consistently in-demand locations.
Approximate quarterly costs for Lot 415 include water at $12, council rates at $237, and strata levies at $966. For Lot 416, water is approximately $11, council rates $236, and strata levies $831.
Disclaimer: Every effort has been made to ensure the accuracy of the information provided; however, no guarantee is given, and no legal liability is assumed.
Change History
| Headline | When |
|---|---|
| $600,000 - $650,000 | |
| Price Guide $600,000 - $650,000 |
Location
Wollongong NSW 2500
Market Insights for Wollongong NSW 2500
Other properties in this postcode
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