5 Allan Street

To download the Contract of Sale or Make an Offer please visit Dimosons Real Estate! A single-title opportunity in the centre of Port Kembla, with four self-contained dwellings on a level 686sqm block. Returning $1,160/wk in combined rent, this is a genuine set-and-forget investment with long-term redevelopment potential in a fast growing coastal suburb. PROPERTY HIGHLIGHTS | Four separate dwellings on one title already tenanted, single-level configuration | Combined rental income of $1,160/wk (approx. $60,320/annum) | Generous 686m2 block zoned R2 Low Density Residential - approx. 15.2 x 48m | Each unit independently metered (ELECTRICITY) and self-contained with its own kitchen and bathroom | Flat rear yard offering potential for further improvement (STCA) | Dual-purpose investment hold and collect, or land-bank for future build | Surrounded by ongoing residential renewal and infrastructure investment | Rear external laundry - potential to be converted into a study | Long term tenancies in place | $270 million NSW Government infrastructure package to upgrade roads and transport links around Port Kembla | BlueScope Port Kembla Land Transformation 200-hectare project to generate $3.26 billion and support 19,400 on-site jobs CURRENT RENTS UNIT 1: $290/wk UNIT 2: $280/wk UNIT 3: $300/wk UNIT 4: $290/wk GREAT LOCATION CLOSE TO | Wentworth Street 200m | St Patrick's Catholic Parish Primary School 450m | Port Kembla Train Station 850m | Port Kembla Beach 1.9km | Five Islands Secondary College 1.8km | Warrawong Plaza 1.8km | Port Kembla Public School 2km | MM Beach 2km PROPERTY HANDY FACTS | Council Rates $489.56/qtr | Water Rates $199.68/qtr | Current rental return $1,160/wk | Level block futher development potential (STCA) www.dimosons.com.au Contact Dimosons Real Estate on 4258 0088 today! The information contained in this listing, including but not limited to property descriptions, prices, and addresses, has been provided to Dimosons Real Estate by third-party sources. While we make every effort to ensure its accuracy, we cannot guarantee the information's reliability. It's strongly recommended that prospective buyers conduct their own due diligence and seek independent professional advice before making any property-related decisions. Dimosons Real Estate disclaims any liability for inaccuracies or omissions in the information provided. To download the Contract of Sale or Make an Offer please visit Dimosons Real Estate! www.dimosons.com.au