115-119 Crown Street, WOLLONGONG NSW 2500
$2,500,000 Offers Welcome
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- 21 Oct 2016
Outstanding Two Storey Commerical Property on 651sqm of Land For Sale
Dual Real Estate is pleased to present this superb commercial opportunity in the prime location of Wollongong CBD.
Sitting on a massive 651 sqm land, with approximately 600 sqm floor area, this two level free standing building is solid, generating great rental return and has the potential to redevelop STCA.
It's composed of four commercial properties and 12 paid car parks at the back, with two retail outlets and a restaurant on ground level and a massage business on the first level.
Annual gross rental income is approximately $154,000 (GST inclusive).
Current Zoning is B3 Commercial
Height 48 metres
FSR 1.5 TO 1
Wollongong is a major growth area. With great location and promising return, whether to hold the property as it is or develop in the future, the choice is yours.
Vendor is motivated and the price guide is genuine so please contact Stephen Cachia on 0410-339-998 for more information.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
115-119 Crown Street WOLLONGONG