5-9 Old Springhill Road, Coniston, is an expansive land parcel with a combined site area of 16,965 sqm*. This asset is set within the busy and tightly held South Wollongong commercial business park, only 5 minutes’ drive to Wollongong’s CBD and a 5 minute walk to Coniston Train Station. The site boasts extensive frontage to Springhill Road, a significant thoroughfare that links Wollongong to Port Kembla, facilitating access to the M1 Princes Motorway, plus various commercial, industrial and residential areas. Lot 5 - NLA: 3,605 sqm* - Site area: 13,000 sqm* - Parking: 124 spaces Lot 9 - 5 year lease with a gross passing income of $310,000 - NLA: 700 sqm* - Site area: 3,965 sqm* - Parking: 36 spaces Key opportunity highlights include: - Combined site area of 16,965 sqm* - Flexible zoning E3 Productivity Support - FSR of 0.5:1 - Exceptional frontage to Springhill Road - 1.2km* to the Port entrance - 400m* to Coniston Train Station - Est. fully leased net income of $1,549,698 This exceptional offering provides substantial existing facilities with excellent future development fundamentals. (STCA) 5-9 Old Springhill Road is for Sale via Expressions of Interest. For more information, contact the exclusive Sales agents. Ben Mostyn | 0477 213 947 Daniel Kostovski | 0402 037 940 Anthony Pirrottina | 0402 666 093 Orlando Maciel | 0413 344 430 *Approx.
Knight Frank - Illawarra
Level 3, Suite 301a, 43 Burelli Street, Wollongong, NSW
Knight Frank - Sydney South
Corporate Park, Suite 12G, Graphix Row, 160 Bourke Road, Alexandria, NSW
Immobilie ID: 504676860