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83-85 Market Street Wollongong, NSW 2500

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83-85 Market Street,
Wollongong, NSW 2500

Offices • Development Sites & Land

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CBD Commercial Multi-tenanted Investment - Estimated Fully Leased Yield 11.27%

Impressive 6 level commercial office building offering an approximate net lettable area of 1,843sqm in desirable and convenient CBD Core location.

Partially leased to various quality tenants including Kells Lawyers.

Leasing the current vacancies will potentially increase the annual net income to over $500,000 per year plus GST. Current net passing income is approximately $307,382 per year plus GST.

83-85 Market Street (site with office building) has a site area of 1,068sqm

92 Market Street offers a vacant and sealed site of 590sqm (approx)
Provides accommodation for additional 21 car spaces for the office building and includes remote controlled boom gate.

Site offers future development potential (STCA).

Total passing net income of $326,284 pa (excl GST)
Estimated fully leased net income of $507,084 pa (excl GST)

Property ID: 501457019Last Updated: 2 Aug 2018

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83-85 Market Street
Wollongong, NSW 2500

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