15 Katrina Street, Warrawong NSW 2502

Property Details: • Type: Block of Units

• Bedrooms: 4 • Bathrooms: 2

Description: Domain Illawarra Real Estate is proud to present this solid investment opportunity, comprising two spacious two-bedroom units positioned in a convenient and sought-after location. Each unit offers a functional layout featuring a well-appointed kitchen with electric stove, flowing into an open plan living and dining area designed for comfortable everyday living. Both units include two generous bedrooms, with built-in wardrobes to the main, along with a large bathroom featuring both shower and bathtub plus a separate toilet. The homes also provide the practicality of an internal laundry with access to the low-maintenance rear gardens, creating an easy-care lifestyle for tenants or owners alike. Enjoy distant water views from the cosy living area, or relax on the front balcony and take in the outlook. Additional features include a lock-up garage and carport, adding extra convenience and value. Currently returning almost $50,000 per annum, this property presents an excellent income-producing investment with future upside. One unit is currently on an expired lease, while the second lease runs through to January 2027, offering both immediate flexibility and stable rental income. A fantastic opportunity to live in one unit while renting the other and significantly offset your mortgage, or simply secure a strong dual-income investment. An outstanding opportunity for investors or owner-occupiers alike. Disclaimer: At Domain Illawarra Real Estate, we strive to provide accurate information in our marketing materials based on details supplied by our Vendors. However, we cannot guarantee the complete accuracy of this information. Therefore, Domain Illawarra Real Estate does not make any representation, statement, or warranty regarding the complete accuracy of the details shared. We strongly advise potential buyers to undertake their own due diligence when considering a property purchase. Please note that all photographs, maps, and images are for marketing purposes and are representative only.