Added 1 day ago
234-236 Crown Street,
Wollongong, NSW 2500
Shops & Retail • Offices • Other
Added 1 day ago
Price information
Sale - Expression of Interest
EOI | Closing Thursday, 12 December at 4PM (AEDT)
Key property information
Land area
Floor area
Tenure type
Private inspections
to arrange a private inspection.
Colliers - Wollongong
Level 2, 63 Market StreetWOLLONGONG, NSW 2500
234-236 Crown Street
Wollongong, NSW 2500
Map of 234-236 Crown Street
Train stations within 5 km of 234-236 Crown Street, Wollongong, NSW 2500 Distance Wollongong Station 424 m North Wollongong Station 1.4 km Coniston Railway Station 1.6 km Illawarra Live Steamers 1.7 km Fairy Meadow Station 3.4 km POWERED BY HERE ©Bus stops within 5 km of 234-236 Crown Street, Wollongong, NSW 2500 Distance Crown St Before Keira St 12 m Crown St After Keira St 71 m Wollongong Central, Kiera St 78 m Burelli St After Keira St 149 m Wollongong Central Shopping Centre, Burelli St 212 m POWERED BY HERE ©
POWERED BY HERE ©
Wollongong CBD Investment | First Time on Offer in Over 2 Decades
This exceptional commercial property is strategically located on Crown Street, Wollongong's most prominent thoroughfare. Offering unmatched visibility and accessibility, just moments from Wollongong Central and adjacent to the upcoming WIN Grand development, the property benefits from significant vehicular exposure and high foot traffic, making it an ideal investment for those seeking strong returns and long-term growth.
The vibrant atmosphere of Crown Street ensures constant activity, a dynamic that will be further amplified by nearby development. This project is set to enhance the area's appeal, attract more visitors to Wollongong, and drive future growth.
Currently fully leased to three tenants across the retail and dining sectors, the property offers stable income. The property currently generates an annual gross income of $178,881* + GST P.A. and a net return of $157,587* + GST P.A.
For Sale by Expressions of Interest closing Thursday, 12 December at 4PM (AEDT).
Property Highlights:
• Land Area: 290m2*
• Total Floor Area: 402m2*
• Zoning: E2 Commercial Centre under Wollongong City Council LEP
• Current Net Rental: $157,587* + GST P.A.
• Leased to established operators, providing steady cash flow
• Prime location with high exposure to vehicular and foot traffic with close proximity to key attractions and amenities
• Future potential enhanced by nearby developments and high-growth commercial activity in Wollongong's CBD
• First time offered for sale in over 2 decades
For more information or to arrange an inspection, please contact the exclusive selling agent.
*Approx.
The vibrant atmosphere of Crown Street ensures constant activity, a dynamic that will be further amplified by nearby development. This project is set to enhance the area's appeal, attract more visitors to Wollongong, and drive future growth.
Currently fully leased to three tenants across the retail and dining sectors, the property offers stable income. The property currently generates an annual gross income of $178,881* + GST P.A. and a net return of $157,587* + GST P.A.
For Sale by Expressions of Interest closing Thursday, 12 December at 4PM (AEDT).
Property Highlights:
• Land Area: 290m2*
• Total Floor Area: 402m2*
• Zoning: E2 Commercial Centre under Wollongong City Council LEP
• Current Net Rental: $157,587* + GST P.A.
• Leased to established operators, providing steady cash flow
• Prime location with high exposure to vehicular and foot traffic with close proximity to key attractions and amenities
• Future potential enhanced by nearby developments and high-growth commercial activity in Wollongong's CBD
• First time offered for sale in over 2 decades
For more information or to arrange an inspection, please contact the exclusive selling agent.
*Approx.
Property ID: 504737316Last Updated: 14 Nov 2024
Colliers - WollongongLevel 2, 63 Market Street
WOLLONGONG, NSW 2500
WOLLONGONG, NSW 2500
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