Why buy: Immaculate modern unit in ideal position, located only 3.3 km from the University of Wollongong. You will enjoy the large sliding doors from living area and the bedroom to the spacious private terrace.

Property facts:
* Ground floor unit
* 81 m2
* Presentation “As new”
* 2 bedrooms (1x16m2 with BIR plus 1x10m2)
* Modern kitchen
* Modern bathroom
* Internal laundry
* Secure car space (1 car)
* Security block

Investor information:
* You take vacant possession of the unit
* Weekly rent: $280-300 (estimate by local property manager)
* Strata fees: $468/quarter
* Council rates: $240/quarter
* Water rates: Usage $150/quarter
* Strata manager: Illawarra Strata Management
* Sinking Fond: $27K
* Admin Fond: $18.7K
* 18 units in total in complex – no maintenance issues
* Vacancy rate: 1.8%, Jul ’10 (source SQM Research)
* High rental demand from local UNI
* Unit can be sold with furniture for investor

Property Location:
5/21-23 Bligh Street, Wollongong NSW 2500
GPS Location: Longitude: -34.421247 Latitude: 150.885755

Property ID:
Lot: 5
Plan #: Strata Plan 75675
Title ref #: 5/SP75675
LGA: WOLLONGONG

Disclaimer:
The above property information has been produced by place2live based on in-put from the vendor(s) and other sources. While it is trusted to be correct, the information can not be guaranteed and prospective buyers must rely on their own enquiries/investigations.