23 Matthews Drive, Mount Warrigal, NSW 2528

Nestled in one of the most desirable streets in the area, this beautifully renovated property presents a solid investment opportunity, boasting stunning water views and exceptional rental returns, locked in to generate an impressive $1,600 per week ($83,200 p.a.). The property is fully leased and they are all on long-term leases.

Set on a generous block in the highly sought-after suburb of Mount Warrigal, which has seen significant growth in recent years (increasing 10% annually and even reaching 12% in the last year) this property is conveniently located close to Lake Illawarra, shops, public transport, and local amenities. 

The increasing property values in the area, along with rising rental yields, make this a prime investment. Offering a multiple income opportunity, this meticulously upgraded residence seamlessly blends modern comforts with timeless appeal. Perfect investment property for your next personal or SMSF purchase. 
 
The upstairs living space features two spacious bedrooms, each with built-in wardrobes, polished timber floors, and a well-appointed kitchen. The layout includes a main bathroom with a bathtub, a separate toilet, and a large enclosed balcony that captures stunning ocean views. Dedicated parking is provided under the carport.

The second living area spans two levels, offering two bedrooms, including a walk-in robe in one and built-in wardrobes in the other. The interior showcases tiled flooring upstairs, polished timber floors downstairs, and a modern kitchen and bathroom. A laundry is conveniently located under the stairs. The expansive balcony, complete with frameless balustrades, provides breathtaking ocean and mountain scenery, with driveway parking allocated for this section.

The third living zone is a stylish one-bedroom retreat, complete with a built-in wardrobe, sleek tiled floors throughout, and a fully equipped kitchen. The bathroom also incorporates a convenient laundry area. This space offers privacy and includes assigned parking at the front of the property.
 
This solid double-brick residence has been thoughtfully upgraded, including solar panels, updated electrical systems, new blinds, and polished floors. Every detail has been carefully considered to attract tenants and maximise return on investment, making this an ideal addition to any property portfolio.

So Why Wait?
 
For a personal viewing, contact Adrian Necovski at 0449 983 337, available 7 days a week.