Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Overview
Offering a compelling investment opportunity, this distinctive dual-income property currently yields a strong rental return of $44,460 per annum, with scheduled rental increases planned for September. The flexibility of this setup makes it ideal for investors seeking immediate cash flow as well as owner-occupiers looking to offset expenses by living in one dwelling and renting out the other.
The property includes two well-maintained apartments configured in a duplex style separated by only a single common wall, thus maximizing tenant appeal and lifestyle balance. Each apartment has its own private entrance and enjoys an open-plan living and dining layout complemented by a functional kitchen equipped with a breakfast bar, enhancing everyday convenience and social interaction.
Both residences feature two spacious bedrooms fitted with built-in storage solutions, practical bathroom designs incorporating combined shower and bathtub fixtures, internal laundry provisions, and undercover parking in a double carport. Recent upgrades like fresh paint and new roofing enhance the property’s presentation and provide peace of mind for future owners or tenants.
Situated on a north-facing block measuring 539sqm, the site offers a generous, level backyard accessible from both apartments, providing excellent outdoor space for relaxation or recreation. The polished timber flooring throughout each apartment adds a touch of warmth and style conducive to comfortable living.
Location-wise, this property benefits from a peaceful and convenient setting close to local schools, parks, the Unanderra shopping precinct, public transport options, and key amenities. This enhances the desirability for tenants, contributing to strong demand and future rental growth potential.
Key Property Features:
- Established combined rental return of $44,460 per annum
- Upcoming rental increases scheduled for September
- Two self-contained apartments, each with two bedrooms
- Duplex-style design featuring just one shared wall
- North-facing allotment of 539sqm
- Recently repainted with a new roof installation
- Functional kitchens with breakfast bars in both units
- Polished timber flooring throughout the apartments
- Separate internal laundry facilities in each unit
- Generous level backyard suitable for outdoor activities
- Double carport providing undercover parking for vehicles
- Quiet neighborhood with easy access to schools, shops, parks, and public transport
- Excellent for investors seeking strong cash flow and sustainable growth
This property represents a rare chance to invest in a ready-to-go, cash-generating asset with significant long-term potential. The dual-income setup suits a variety of buyer profiles including investors, first-time homebuyers, or families wanting to accommodate multiple generations with income offset advantages.
Disclaimer: Information provided has been sourced from reliable data supplied by the vendors. While care is taken to ensure its accuracy, buyers are advised to perform their own due diligence before making a purchase decision. Photographs and imagery are for illustrative purposes and may not depict all features or conditions.
Local Market Insights
In Illawarra, Quiet Listings observed 14 new duplexes entering the market over the last 30 days, up from 10 during the previous 30-day period, with an average advertised asking price of $1,349,857. The property type mix of listed properties is predominantly Houses at 47%, followed by commercial properties (16%), and apartments (9%). Ray White was the most active agency in this area, representing 48.5% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| $899,000 - $969,000 | |
| $899,000 To $969,000 |
Location
Unanderra NSW 2526
Market Insights for Unanderra NSW 2526
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