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1805/10 Regent Street, Wollongong NSW 2500

Price Guide $950,000

Listed: yesterday
Overview

Situated on the 18th floor of the prestigious Signature Apartments in the heart of Wollongong CBD, this well-appointed two-bedroom apartment serves as a Specialist Disability Accommodation (SDA) designed specifically for individuals requiring High Physical Support. The apartment’s elevated location provides commanding views over the city, enhancing the appeal of urban living combined with privacy and tranquility.

The property’s layout prioritizes accessibility and comfort, incorporating specialist modifications including an accessible kitchen equipped with elevated benchtops. These design features facilitate ease of movement and independence, ensuring the apartment is both functional and supportive of the needs of its residents.

Its prime location is within walking distance to major shopping centres, an array of cafés and restaurants, medical facilities, and efficient public transport links, making it exceptionally convenient for daily living or investment purposes in a sought-after residential market.

As an investment, this apartment presents a compelling opportunity, generating annual gross rental income exceeding $107,000. This return equates to a gross yield of over 11%, supported by an established tenancy and long-term lease, underscoring the property’s status as a high-yielding asset within one of Wollongong’s notable developments.

This SDA apartment is particularly suited for investors seeking stable, specialist accommodation opportunities, capitalizing on a growing marketplace aligned with National Disability Insurance Scheme (NDIS) parameters. Overall, the property’s blend of expert design, premium location, and sound investment fundamentals mark it as a distinctive offering in the Wollongong property landscape.

Local Market Insights

In Wollongong, Quiet Listings observed 24 new apartments entering the market over the last 30 days, up from 21 during the previous 30-day period, with an average advertised asking price of $1,272,971. The property type mix of listed properties is predominantly Apartments at 40%, followed by houses (32%), and units (12%). The most active agency for apartments in the Wollongong area is currently The Agency, representing 29% of new listings, followed by Ray White with 21%. 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.

Location
Market Insights for Wollongong NSW 2500
New Listings (last 30 days)
24
Average price
$1,272,971
Lowest price
$550,000
Highest price
$3,550,000
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