Set on a 547m2 corner block with a sunny backyard in a convenient North Wollongong location. This is an exceptional opportunity for the savvy investor and keen renovator. Representing exceptional value for money, opportunities like this are few and far between. This central location is highly sought after amongst tertiary students, being an easy 1.6km walk, cycle or free shuttle bus to the nearby Innovation Campus and University of Wollongong. Prime location, opposite Wollongong PCYC and Wollongong Olympic Soccer Field with easy access to a multitude of public transport options, including North Wollongong Train Station which is only 500m away. This home offers an incredible return on investment, leased at $700 per week with the property previously leased at $900 per week without the granny flat included. This period home features: - Four bedrooms plus study, and self-contained studio. - Spacious master bedroom with built in wardrobes. - Living and dining rooms plus additional sun room overlooking the back yard. - Undercover deck is perfect for entertaining for those summer BBQ's out the back in the sun. - Fully fenced, level grassed yard with room aplenty for activities. - Single car space plus additional off-street parking. - 547 sqm corner block with separate access to self-contained studio from the street - Tenanted until 19th June 2023 at $700 per week with rental potential of $850 - $950 per week All the spoils of North Wollongong are right at your doorstep, within a level 1km walk! Take a morning run along the shared pathway, heading North past beautiful Stuart Park, or head straight for the Blue Mile, indulging in a refreshing swim at the Continental Baths, or Sunday brunch at Diggies. Sneaky Summer afternoon aperitifs can be enjoyed at popular North Wollongong Hotel, which is a short 300m away. This home offers a solid return on investment, and is currently tenanted until 19th June 2023. Alternatively, if you love a good project, this is the perfect opportunity to indulge your renovator skills, where your imagination is the only limit. With a highly convenient North Wollongong locale and options galore, this home reflects exceptional value for the clever renovator or investor alike. This is an extraordinary opportunity, not to be missed!