7 Hillcrest Street, Wollongong, NSW 2500

Proudly Presenting this unique rare offering, calling all builders, developers and savvy Investors, properties like this are rare to find especially on the outskirts of Wollongong CBD. 

Take this great opportunity to secure a stunning property that offers versatility, with a current CDC Approved Development in place, its ready for you to knock down and build on.

Or scrap the plans and rebuild your dream project in this great location or land bank the site for the future as this area will continue to grow.

The CDC approved boutique development consists of 4x three-bedroom apartments with two bathrooms and single car garages, providing spacious single level living with an open plan kitchen, dining and living area, opening to your northerly aspect balconies, offering natural sunlight throughout the day.

Situated on a near level 916m2 block with 20m frontage, R2 Zoned.

The existing home is original and filled with character and charm, with three generous size bedrooms, large living area and separate dining & kitchen with a single lock up garage and workshop. 

Currently tenanted for $600 per week until Feb 2026.

Whether you're looking to add to your portfolio, embark on a development project, or simply capitalise on the prime location, this property offers endless possibilities for the astute buyer.

Located minute's walk from the free shuttle bus, Wollongong’s Public & Private Hospitals, Beaten Park Leisure Centre, Gwynneville Shops and only 5 minute's drive to Wollongong Beaches, CBD, University & TAFE.

Features:

- Boutique CDC Approved Development for 4 x three-bedroom apartments
- Situated on a near level 916m2 block with 20m frontage, R2 Zoned
- Existing home is an original three-bedroom cottage
- Currently tenanted for $600 per week until Feb 2026
- Located with a short walk to free shuttle bus, schools, local shops, beaten park leisure center, Public & Private hospitals and a short drive to Wollongong CBD and beaches.

Outgoings:
Council Rates $704 per quarter (approx)
Water Rates $172 per quarter (approx)

Disclaimer: 
Whilst A-List Property Group has made every effort to ensure the information supplied to you in our marketing material is correct, we cannot guarantee the accuracy of the information provided by our Vendors, and as such, A-List Property Group makes no statement, representation, or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, for marketing purposes.