Knight Frank offers for sale via Expressions of Interest, 75-79 Keira Street, Wollongong; a substantial accommodation investment with multiple value-add opportunities. Situated immediately to the north of the CBD, this 1,246 sqm* site is strategically located on Keira Street, home to Wollongong's bustling restaurant and café scene and only minutes from the pristine beaches of the NSW South Coast. Key investment highlights include: - 1,246 sqm* site in Wollongong CBD - GFA of 3,029 sqm* - Tenanted investment with net passing income of $963,000* - Boarding house/co-living facility with 83 rooms + 1 Manager's unit - Configured with individual ensuites and kitchenette facilities or shared amenities throughout Property overview: - 4 units with communal facilities - 55 units with ensuites - 24 units with ensuites & kitchenettes - 9 communal kitchens - Common courtyard - 2 commercial/retail spaces on ground & lower ground - 25 car parking spaces - 1 Manager’s unit For Sale via Expressions of Interest closing Thursday, 7 November at 3:00pm (AEDT). For more information, contact the exclusive Knight Frank agents. Ben Mostyn | 0477 213 947 Ben Churven | 0421 657 510 Anthony Pirrottina | 0402 666 093 *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: 504704944