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Block of Units

33 Carlotta Cresent Warrawong, NSW 2502

Sold for $1,660,000 on 30 Mar 2022
  • 8 Beds
  • 4 Baths
  • 4 Cars
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33 Carlotta Cresent, Warrawong, NSW 2502

Block of Units in Warrawong

Looking for an Investment with Great Return

  • 8 Beds
  • 4 Baths
  • 4 Cars
  • Solid 4-unit two-story property
  • Level 593sqm block in a quiet street
  • Each unit includes two bedrooms
  • Open plan living and sunny balconies
  • Off-street parking and extra storage
  • Renting $59k/year, rates $765/q, water $603/q
  • Central location overlooking green fields
  • Easy access to shopping, services, schools, lake, beaches

This is a rare opportunity to secure a 593sqm block with four 2-bedroom units in possibly Warrawong's most central location! Located in a quiet side street on the edge of green playing fields, this rare property is available now.
Brick and tile in its construction, this two-story address includes two ground floor and two top floor units - each with north-facing balconies overlooking the adjacent parkland. Inside, each unit includes an open plan living/dining area, with a spacious kitchen. The carpeted bedrooms are a generous size, while the bathroom includes a bath and a separate shower.
Adding to this, there is plenty of space out the back for off-street parking for each unit, as well as storage and separate clothes lines capturing full sun all day long.
But the true star of the show here is the location - with Warrawong library literally across the street and just a short walk or drive to enjoy all the benefits of Warrawong Plaza's shopping, dining, cinemas, and services. Add to this the nearby quality schools and recreational options of Lake Illawarra, golden beaches, and green fields literally at your doorstep and this represents smart buying.
With its single title, 33 Carlotta offers a lot of options - you can continue to reap the rewards of this fully tenanted solid investment (yielding $59800/pa) or redevelop to suit your vision.
The choice is yours!
To enquire prior to the auction, contact Giovanni Zappia today on 0418 966 323.
Virtual Auction: 30th March @ 4:00 pm.

Link to register: https://portal.bidtracker.com.au/auctions/3ed5dc28-1549-4479-b249-730d6fbf5d1e/register-bidder/

Building:

319m²

Land:

593m² / 0.14 acres

Parking:

4 off street parks

Bedrooms:

8

Bathrooms:

4