8 Gwynne Street,
Gwynneville, NSW 2500

Premium investment opportunity, located adjacent to the botanical gardens and a short walk to the University.

With Existing Residential Home – Leased for $550/Week

URBAN are pleased to present 8 Gwynne Street, Gwynneville to the market. The property is being offered with a recently approved DA, for a modern 11 room boarding house with managers residence, located within the thriving Gwynneville/Keiraville University precinct.

This asset has been smartly designed with the occupier at the forefront of mind. Each unit maximises space providing efficient and appealing living space. 8 Gwynne Street is perfectly positioned within the rental market and just a short walk to both the University of Wollongong and TAFE ILLAWARRA campuses.

Property Features:

- Existing 3 Bedroom Home currently rented for $550/week
- Total land area 670m2
- Located across the road from the botanical gardens
- Dual street frontage
- Zoning R2 low density residential
- Existing DA for boarding house

Available Upon Further Request:

- Full DA consent and plans
- Access to the key people involved in the DA approval process to complete your due diligence

Local Amenity:

- TAFE Illawarra 800m
- University of Wollongong 700m
- Wollongong Central 1.9km
- 4min drive or 20min walk to North Wollongong Train Station
- Public and private hospitals nearby
- Keiraville neighbourhood shops 540m
- Gwynneville neighbourhood shops 580m

Call Simon Hagarty today on 0405 175 4... to discuss this extremely rare offering to the market place.