FOR SALE
$1,100,000-$1,200,000

163 Shellharbour Road
Warilla NSW 2528

Bedrooms: 6
Bathrooms: 4
Car spaces: -
Land area: 481m2
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Block of four units in handy location!

Discover a prime investment opportunity with this block of four units, perfectly positioned in a highly sought after location. This property features two spacious two bedroom units and two well appointed one bedroom units, each offering comfortable living spaces. All units are currently leased, generating a strong annual return of $65,000, with potential for further growth. The property includes off street parking and is ideally situated close to essential amenities. It's less than 300 meters (approx.) from Warilla Town Centre, 800 meters (approx.) from Warilla Grove Shopping Centre, 1 kilometre (approx.) from Warilla Bowling Club, and just 1.3 kilometres (approx.) from the beautiful Warilla Beach. Opportunities like this are rare, making it a solid addition to any investment portfolio.

Property Details for 163 Shellharbour Rd, Warilla

163 Shellharbour Rd, Warilla is a 6 bedroom, 4 bathroom BlockOfUnits. The property has a land size of 481m2. The place is currently for sale with Illawarra Estate Agents.

Building Type
BlockOfUnits
Land Size
481m2

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About Warilla 2528

The size of Warilla is approximately 2.6 square kilometres. It has 19 parks covering nearly 10.9% of total area. The population of Warilla in 2011 was 6,407 people. By 2016 the population was 6,435 showing a population growth of 0.4% in the area during that time. The predominant age group in Warilla is 50-59 years. Households in Warilla are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Warilla work in a trades occupation. In 2011, 56.4% of the homes in Warilla were owner-occupied compared with 54.8% in 2016.

Warilla has 2,935 properties. Over the last 5 years, Houses in Warilla have seen a 74.24% increase in median value, while Units have seen a 40.16% increase. As at 31 October 2024:

  • The median value for Houses in Warilla is $857,387 while the median value for Units is $628,247.
  • Houses have a median rent of $600 while Units have a median rent of $460.
There are currently 18 properties listed for sale, and 10 properties listed for rent in Warilla on OnTheHouse. According to CoreLogic's data, 84 properties were sold in the past 12 months in Warilla.

Suburb Insights for Warilla 2528

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Richard Cooper
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Petreace Bush
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Illawarra Estate Agents
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.