OFF MARKET

2-4 Northcliffe Drive
Port Kembla NSW 2505

Bedrooms: 16
Bathrooms: 8
Car spaces: 8
Land area: 1085m2
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Property Details for 2-4 Northcliffe Dr, Port Kembla

2-4 Northcliffe Dr, Port Kembla is a 16 bedroom, 8 bathroom Unit with 8 parking spaces. The property has a land size of 1085m2.

Building Type
Unit
Land Size
1085m2
Local Government
Wollongong
Lot/Plan
CP/SP44215

Last Listing description (September 2021)

Please go to www.dimosons.com.au to Book an Inspection, Download The Contract or Make an Offer.

2-4 NORTHCLIFFE DRIVE, PORT KEMBLA - Dimosons

This is your chance to secure a significant slice of real estate in Port Kembla/Warrawong eight strata-titled units, rock solid block, close to everything

Solid block of 8 two-bedroom units
Ample on-site parking
Identical layouts throughout
Large bedrooms and separate lounge
Each unit has its own balcony and carport
Combined annual return $113,620
Opportunity to add serious value
Close to shops, dining, schools and beaches!

Savvy investors take note this block of 8 two-bedroom strata-titled units represents smart buying. Not only are you securing a solid building, with two levels and eight identical floor plans, but you're also enjoying the space and proximity it brings in this popular suburb.

Offering off street parking spaces for eight vehicles on a low-maintenance level block, there is already a lot to like about this address. Each unit (four upstairs and four downstairs) offers the same thoughtful layout comprising two good-sized bedrooms, generous kitchen/dining, bathroom and separate lounge leading to a balcony. Two external laundries are also located on the ground floor.

Key to the attractiveness of this investment is the location just a short walk to the rejuvenated Warrawong Plaza, dining, cinemas and more. Meanwhile, local parks, schools and beaches are just a short hop away, as are major transport links. Convenience plus!

The solid brick construction ensures a durable investment that currently generates $113k each year in rent easily increased by making general updates to refresh the block. The identical mirror-image floorplans mean that any upgrades and maintenance will be efficient and cost-effective long term.

Whether living in one and renting the rest, or adding the entire block to your portfolio, this opportunity is a smart and timely investment in this rapidly changing area.

To learn more about this excellent investment for yourself or your portfolio, contact the Dimosons Sales Team today on 4258 0088.

Please go to www.dimosons.com.au to Book an Inspection, Download The Contract or Make an Offer.

Property History for 2-4 Northcliffe Dr, Port Kembla, NSW 2505

A timeline of how this property has performed in the market
  • 18 Jun 2021
    Listed for Sale Contact Agent
  • 23 Jun 2015
    Listed for Sale OFFERS ABOVE $1,600,000

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About Port Kembla 2505

The size of Port Kembla is approximately 14.5 square kilometres. It has 16 parks covering nearly 11.3% of total area. The population of Port Kembla in 2011 was 4,883 people. By 2016 the population was 5,001 showing a population growth of 2.4% in the area during that time. The predominant age group in Port Kembla is 50-59 years. Households in Port Kembla are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Port Kembla work in a trades occupation. In 2011, 65.1% of the homes in Port Kembla were owner-occupied compared with 62.7% in 2016.

Port Kembla has 2,926 properties. Over the last 5 years, Houses in Port Kembla have seen a 54.86% increase in median value, while Units have seen a 48.94% increase. As at 31 August 2024:

  • The median value for Houses in Port Kembla is $840,898 while the median value for Units is $684,016.
  • Houses have a median rent of $600 while Units have a median rent of $415.
There are currently 14 properties listed for sale, and 19 properties listed for rent in Port kembla on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in Port kembla.

Suburb Insights for Port Kembla 2505

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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.