42/59-61 Kembla StreetWollongong NSW 2500
Property Details for 42/59-61 Kembla St, Wollongong
42/59-61 Kembla St, Wollongong is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 878m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Wollongong in the last 12 months.
Last Listing description (September 2024)
Please note - If an open house is not scheduled, it is still available. Please contact us to arrange a suitable time for you to inspect.
Solid Investment Opportunity to a secure long-term tenant held by Quest Hotels.
Current lease agreement is $680 per week ($35,405 pa)
Details - This top floor two-bedroom apartment boasts stunning views across the region and to Mount Keira.
Featuring full ensuite to master, main bathroom, separate lounge and meals area and galley style kitchen.
Boasting 71m2 internal living area, laundry facilities and a secure basement carpark.
Please note - Lease Terms: Lease to 14/06/ 2025 with 3 x 5 yr options
Rent Reviews and Increases:
Scheduled 4% increases- with market rent reviews every 5 years (next due June 2025)
Inspection by appointment
From all of us at Fitzgerald Hines, we wish you every success in your search for your home. If you would like more details on this home or to discuss one of the many other properties we have available please call or email us today.
Disclaimer: We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including and without limitation, any income, rentals, dimensions, areas, zoning, inclusions and exclusions.
Property History for 42/59-61 Kembla St, Wollongong, NSW 2500
- 09 Aug 2024Sold for $455,000
- 04 Jul 2024Listed for Sale $465,000
- 25 Apr 2024Sold
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0About Wollongong 2500
The size of Wollongong is approximately 5.9 square kilometres. It has 28 parks covering nearly 23.4% of total area. The population of Wollongong in 2011 was 16,716 people. By 2016 the population was 18,454 showing a population growth of 10.4% in the area during that time. The predominant age group in Wollongong is 20-29 years. Households in Wollongong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wollongong work in a professional occupation. In 2011, 39.6% of the homes in Wollongong were owner-occupied compared with 39.6% in 2016.
Wollongong has 15,550 properties. Over the last 5 years, Houses in Wollongong have seen a 55.95% increase in median value, while Units have seen a 34.40% increase. As at 31 October 2024:
- The median value for Houses in Wollongong is $1,156,901 while the median value for Units is $756,585.
- Houses have a median rent of $620 while Units have a median rent of $600.
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