322 Princes Highway,

Dapto

Presenting a unique opportunity on a generous 759m2 parcel, comprising two spacious two-bedroom units plus additional studio accommodation, all held on one title with no strata levies. Offering flexibility beyond a traditional investment, the property may appeal equally to investors seeking multiple potential income streams, owner-occupiers looking to live in one residence while potentially deriving income from the other accommodation, or families seeking flexible multi-generational living.

Conveniently positioned on Princes Highway in Dapto, the property offers excellent access to local shopping, transport, schools and everyday amenities, while remaining within easy reach of Wollongong. For the investor, Unit 1 is currently leased at $450 per week, while Unit 2, inclusive of the studio, has an appraised rental potential of $550-$575 per week in its current presentation. This provides a potential combined rental return of approximately $1,000-$1,025 per week ($52,000-$53,300 per annum), while an owner-occupier may have the flexibility to occupy part of the property and potentially offset ownership costs through rental income from the remaining accommodation.

• One title with no strata levies
• Two spacious two-bedroom units plus additional studio accommodation
• Flexible opportunity to potentially live in one residence while leasing the other accommodation
• Potential multi-generational living opportunity
• Unit 1 currently leased at $470 per week
• Unit 2, inclusive of studio, appraised rental potential of $550-$575 per week
• Potential combined rental return of $1,000-$1,025 per week
• Potential annual rental income of $52,000-$53,300
• Generous 759m2 landholding
• Multiple off-street car spaces plus oversized garage
• Private courtyards and established gardens
• Multiple potential income and living options within a single property holding
• Convenient Princes Highway position
• Easy access to Dapto town centre and everyday shopping
• Close to Dapto Mall and local retail amenities
• Convenient access to Dapto Train Station and public transport
• Easy access to local schools and childcare
• Approximately 20 minutes to Wollongong
• Convenient connection to the M1 Princes Motorway for travel north and south
• Easy access to the broader Illawarra employment, shopping and lifestyle precincts Water $217pq | Council $377pq | No strata levies

Figures are approximate**

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 and for marketing purposes.