43 & 44/19 Market Street, Wollongong NSW 2500

Enhance your portfolio effortlessly with a dual revenue stream by investing in this contemporary Adina Hotels managed apartment. Situated in the vibrant heart of the CBD mere steps away from Wollongong's dining, arts precincts, the scenic harbour and Wollongong City Beach, this property presents a rare and exciting investment opportunity. With an estimated annual return of approximately 5%-7% (according to last year's quarter statement), this investment prospect is one that should not be overlooked.

- Presently under lease and managed by Adina Hotels until mid 2028
- Two adjoining serviced rooms in a prime lifestyle address
- Low-maintenance investor choice with attractive returns
- Lot 44 offers a one-bedroom apartment with a large balcony, contemporary kitchen with dishwasher
- Lot 43 offers a studio apartment with a kitchenette and balcony
- Secure single allocated car space in basement
- Featuring a secure building with intercom system and communal pool/spa, sauna and gym access
- Low vacancy rates provide assurance of a guaranteed minimum income
- Situated an easy stroll to Wollongong Harbour, Blue Mile and Lang Park, this property boasts proximity to an array of cafes and restaurants, as well as convenient access to a free bus service. Enjoy the vibrant lifestyle and ease of transportation afforded by these amenities
- Additionally, residents can easily walk to WIN Stadium, IPAC, Wollongong Central shopping precinct. The property is conveniently located just 950 meters from the golf course and 1.4 kilometres from North Beach. Moreover, supermarkets, the train station, and the hospital are all in close proximity, ensuring convenience and accessibility for residents

DISCLAIMER: Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the accuracy of the information provided by our vendors, and as such, McGrath Wollongong makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps, and images are representative only, for marketing purposes.

Features include: Air Conditioning,Area Views,Built-In Wardrobes,Close to Transport,Close to Shops,Close to Schools,Lift Installed,Car Parking - Basement,Carpeted,Dishwasher