15 Moran Ave, Dapto is a 3 bedroom, 3 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 566m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Dapto in the last 12 months.
Offering three fully-equipped one-bedroom units with a rental return of $970 per week (as of December 2023) this well-positioned property is an enticing opportunity for astute investors. Situated within walking distance of Dapto's town centre and a short drive from Wollongong, the units are currently rented to reliable, long-term tenants and have been recently updated, making this an enviably stress-free entry to the investment market.
Location
Ideally positioned to enjoy the conveniences of Dapto, this address promises an easy-going lifestyle just 15 minutes (approx.) from the heart of Wollongong's CBD.
Walk to Dapto's bustling town centre to enjoy the vibrant Dapto Mall shopping centre and a choice of supermarkets, eateries, and cafes. Stroll to Lakelands Oval to enjoy some wide open space and drive to the magnificent Lake Illawarra in just four minutes (approx.) to enjoy a waterside stroll.
Dapto Station is ideally positioned within walking distance, offering regular rail links to Sydney and Wollongong.
Property
Savvy investors will be delighted by the potential offered by this unique property, offering three one-bedroom units and easy off-street parking.
Currently leased to long-term tenants, the units have been recently refreshed with a new driveway and fence in addition to new cladding, gutters, and Colourbond roof. Updated wiring and plumbing add extra appeal, ensuring an easy transition for the new owner.
Each unit offers a spacious bedroom, open-plan kitchen/dining/living, and a combined bathroom/laundry with a separate toilet along with plenty of off-street parking ensuring easy living in a convenient lifestyle location.
Lifestyle
This is an outstanding opportunity to invest in a prime Dapto location, with nothing to do, no need to find tenants, and a bright future assured.
Call today to arrange a viewing.
The size of Dapto is approximately 7.7 square kilometres. It has 25 parks covering nearly 13.9% of total area. The population of Dapto in 2011 was 10,734 people. By 2016 the population was 10,704 showing a population decline of 0.3% in the area during that time. The predominant age group in Dapto is 10-19 years. Households in Dapto are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dapto work in a trades occupation. In 2011, 74.9% of the homes in Dapto were owner-occupied compared with 73.4% in 2016.
Dapto has 5,181 properties. Over the last 5 years, Houses in Dapto have seen a 57.46% increase in median value, while Units have seen a 48.09% increase. As at 31 October 2024:
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