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Sold Property
$269,000
David Calderaro Harcourts Wollongong
*Fantastic investment opportunity with long lease and managed by Adina Hotel Group.
*Outstanding 6% approx. return, low risk, low fuss.
*Set & forget investment with all refurbishments performed by Adina Hotel Group.
*Spacious and modern interior. Air conditioning. Great condition throughout.
*Leased to the Adina Hotel group, current lease 5yr + 5yr.
Gross return of approx $18,000 last financial year. Approx $350p/w.
*Annual rent increase of approx 4%.
*Pool, gym, sauna & spa.
*Rarely offered investment opportunity.
*Wollongong beach, mall and WIN Stadium all within walking distance.
*Set in the heart of Wollongong, in close proximity to restaurants and night life.
Property ID: #NWL2226
Office
Sold Property
*Fantastic investment opportunity with long lease and managed by Adina Hotel Group.
*Outstanding 6% approx. return, low risk, low fuss.
*Set & forget investment with all refurbishments performed by Adina Hotel Group.
*Spacious and modern interior. Air conditioning. Great condition throughout.
*Leased to the Adina Hotel group, current lease 5yr + 5yr.
Gross return of approx $18,000 last financial year. Approx $350p/w.
*Annual rent increase of approx 4%.
*Pool, gym, sauna & spa.
*Rarely offered investment opportunity.
*Wollongong beach, mall and WIN Stadium all within walking distance.
*Set in the heart of Wollongong, in close proximity to restaurants and night life.
Property ID: #NWL2226
David Calderaro Harcourts Wollongong
Office Harcourts Wollongong
If you like what you see, but know you'll need to sell before buying, why not find out what you could be sitting on today with an instant Digital Property Appraisal, highlighting the market value including the recent sales, rental history, suburb insights and more.
$360,000 3/440 Crown Street, West Wollongong, NSW 2500
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