234-236 Crown Street, Wollongong, NSW 2500

Retail
|Offices
|Other
EOI | Closing Thursday, 12 December at 4PM (AEDT)
EOI | Closing Thursday, 12 December at 4PM (AEDT)
Published on: 14 Nov 2024
Last updated on: 20 Nov 2024
234-236 Crown Street, Wollongong, NSW 2500
234-236 Crown Street, Wollongong, NSW 2500
234-236 Crown Street, Wollongong, NSW 2500
+10
234-236 Crown Street, Wollongong, NSW 2500
  • 10
  • 2
Property ID: 504737316
Translate to English

Key property information

Land Size
290.00 m2
Floor Area
402.00 m2
Tenure Type
vacant

Wollongong CBD Investment | First Time on Offer in Over 2 Decades

234-236 Crown Street, Wollongong, NSW 2500
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.

Property Details

Basic Info

Property Type
RetailOfficesOther
Listing Status
On Market
Land Size
290.00 m2
Address
234-236 Crown Street, Wollongong, NSW 2500

Floorplans and tours

Floorplan
Taleah Thomas
Taleah Thomas
Simon Kersten
Simon Kersten
Level 2, 63 Market Street, Wollongong, NSW 2500
Get in touch
Report this page

Contact Agent

Email enquiry to Colliers - Wollongong

Taleah Thomas
Taleah Thomas
Simon Kersten
Simon Kersten
Level 2, 63 Market Street, Wollongong, NSW 2500
What's your enquiry about?
      By clicking "Submit", you accept our Privacy Policy and acknowledge that as the agent for this property is located overseas, your information may not be handled in accordance with the privacy laws applicable to this website.

      Property ID: 504737316

      * THIS SERVICE MAY CONTAIN TRANSLATIONS POWERED BY GOOGLE. GOOGLE DISCLAIMS ALL WARRANTIES RELATED TO THE TRANSLATIONS, EXPRESS OR IMPLIED, INCLUDING ANY WARRANTIES OF ACCURACY, RELIABILITY, AND ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT.