56 Montague Street,
North Wollongong, NSW 2500

Ideally situated just minutes from the Wollongong CBD, Princes Highway, and the Northern Distributor, this property offers exceptional accessibility.

The development features six premium, architecturally designed modern warehouses, showrooms, and versatile office spaces, complete with kitchens and amenities. Spanning approximately 1,450 sqm of building area, the property is equipped with a rare 400-amp power supply, making it an ideal location for a range of industrial and commercial uses.

Currently fully leased to a selection of high-quality, long-term tenants, this property offers a stable income stream with no vacancies, ensuring consistent returns. These established tenants are highly sought after, making this an attractive opportunity for investors seeking reliable cash flow in a thriving location.

According to Wollongong City Council data, as of June 2023, there were over 15,400 active businesses in the Wollongong LGA, with the majority being small to medium enterprises. Furthermore, the number of GST-registered businesses in the city reached an estimated 17,846 in the March 2024 quarter, highlighting the region's strong economic growth and commercial potential.

Whether you're looking to diversify your investment portfolio or secure a steady income stream, this property offers significant long-term returns in a prime, high-demand location.

Property Details:

Land Area: 2,948 sqm

Building Area:1,450 sqm

Zoning: IN2 Light Industrial

Car Spaces: Multiple on-site parking spaces

Rental Income: Over $300,000

For additional photos, detailed plans and the information memorandum, please contact the exclusive marketing agents.

Danny Mojanovski - 04241631... - danny@remg.com.au