An exceptional chance to secure two freehold properties in one of Wollongong’s busiest commercial corridors. 335 & 337 Crown Street will be sold in one line, presenting a Great Location, Great Tenants, and a Great Investment Opportunity. • Prime Location – Positioned on a high-traffic city thoroughfare, in the Central Business District just moments from Wollongong Central. • Unbeatable Connectivity – Wollongong Train Station is directly at the rear, providing seamless access for commuters and potential customers. • Secure Rental Income – Three tenants currently occupying four tenancies, ensuring a diverse rental profile. • Fully Leased Asset – 337 Crown Street is leased entirely to a single, established tenant. • Future Potential – Strong redevelopment or repositioning opportunities (STCA) due to its prime positioning and exposure. • Maximum Visibility – Crown Street is a major connector road with a constant flow of vehicles and pedestrians, enhancing business exposure. Property Details • High exposure, multi tenanted site. • 335 Crown St Land Area – 292 sqm approx. • 337 Crown St Land Area – 350 sqm approx. • Total Site Area – 643 sqm approx. • Frontage – 15.5m approx. • FSR - 1.5:1 • Lot Details – Lot A & B DP 400191 • Zoning – E2 Commercial Centre • Current Gross Income – $144 699.05 pa + GST Outgoings • 335 Crown St Outgoings - Council Rates: $5,507.96 pa - Water Rates: $596.92 pa + Usage • 337 Crown St Outgoings - Council Rates: $4,278.16 pa - Water Rates: $596.92 pa (Usage paid by Tenant) Whether you're an investor seeking immediate income or a developer looking for long-term upside, this is an opportunity not to be missed.
Richiesta email a LJ Hooker - Wollongong
Immobiliare ID: 504813452
Originale Immobiliare ID: 504813452