FOR SALE
Buyers Guide $1,899,000

6 Armstrong Street
West Wollongong NSW 2500

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Land area: 917m2
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Calling the Astute Investor, 4 x 2 Bedroom Block of Flats

The brick constructed block of flats, generous land area, desirable address, high rental demand and proximity to the University & Wollongong CBD all provide the necessary ingredients for a successful property investment opportunity. Strong capital growth in the years to come and excellent returns in the meantime are all but assured. This rare offering also features;
• Pleasant low traffic address.
• Market rent of approximately $104,000. Full lease details provided in the Information Memorandum.
• Off-street parking via carports at the rear of the site.
• Gently sloped 917m2 land area, with land dimensions of 15.24m x 60.3m (approximates).
• Excellent access to freeway, for an easier Sydney commute.
• High rental demand assured due to the desirable locale and close proximity to University.
• 4 minute drive to Wollongong University, 6 minute drive to Wollongong Hospital, 6-8 minute drive to Wollongong CBD and 8 minute drive to beaches (Approximates).
• Bus stops in the street and around the corner on Robsons Road.
• Approximate 100m stroll to beautiful Keira Oval.
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Property Details for 6 Armstrong St, West Wollongong

6 Armstrong St, West Wollongong is a 8 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 917m2. The place is currently for sale with MMJ Wollongong.

Building Type
BlockOfUnits
Land Size
917m2

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About West Wollongong 2500

The size of West Wollongong is approximately 2.1 square kilometres. It has 14 parks covering nearly 10.7% of total area. The population of West Wollongong in 2011 was 4,447 people. By 2016 the population was 4,824 showing a population growth of 8.5% in the area during that time. The predominant age group in West Wollongong is 20-29 years. Households in West Wollongong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Wollongong work in a professional occupation. In 2011, 66.1% of the homes in West Wollongong were owner-occupied compared with 60.5% in 2016.

West Wollongong has 2,411 properties. Over the last 5 years, Houses in West Wollongong have seen a 55.74% increase in median value, while Units have seen a 37.57% increase. As at 30 September 2024:

  • The median value for Houses in West Wollongong is $1,058,057 while the median value for Units is $694,312.
  • Houses have a median rent of $678 while Units have a median rent of $480.
There are currently 8 properties listed for sale, and 10 properties listed for rent in West wollongong on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in West wollongong.

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Daniel Hastings
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Riley King
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MMJ Wollongong
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