31 Rowland Avenue
Wollongong, NSW 2500

Overview

Charming Cottage with Multiple Income Streams

Positioned in one of Wollongong's most convenient pockets, this beautifully maintained character cottage offers a harmonious blend of traditional charm and modern potential. It is an ideal opportunity for those entering the market, investors seeking growth, or buyers desiring a charming city-fringe residence.

This unique property is situated on a single title and features three separate residences, providing versatile living or investment options. The configuration includes a main three-bedroom home, an attached one-bedroom unit, and a four-bedroom home located at the rear of the property.

With significant appeal for investors or large families, the property is perfectly placed just a few minutes' walk from the heart of Wollongong's CBD. It is designed to generate a steady income stream, approximately $2,050 per week, offering exceptional flexibility with two recently updated freestanding homes suitable for dual generations, alongside a self-contained flat with private access from McKenzie Avenue.

Conveniently located close to top schools, Wollongong Hospitals, and beaches, this property represents smart lifestyle buying of a high calibre.

• Spacious and comfortable dual-level main home, fully renovated throughout
• Three bedrooms plus a sunroom/office, two lounges, and an entertainers' deck
• Modern kitchen, elegant bathroom featuring a clawfoot bathtub, and generous built-in robes
• Second four-bedroom home with dual living areas and an additional one-bedroom unit
• Tandem lock-up garage providing five parking spaces, with views of Mount Keira and potential for luxury rebuild (subject to council approval)
• Located in a quiet, ever-popular street with a city bus stop directly opposite
• Close proximity to shops, cafes, restaurants, TAFE, parks, and beaches

Location