Attractive income potential with over 30 years of consistent occupancy levels to university students and alike.
The property boasts a total of 27 bedrooms, 8 bathrooms, 7 car parking spaces, 6 showers, 2 kitchens, 2 studies, 2 laundries and 1 spa.
25 immaculately furnished boarding rooms with ability to increase (STCA)
Charismatic manager's cottage and common recreational facilities, including common hall and commercial kitchen.
Strategically located within the CBD, ideal for current use and future residential/commercial mixed development
Land Area: 1,364sqm dual frontage to both Smith and Thomas Street.
Site dimensions are 22 metres to Smith Street and 57 metres
B4 Mixed Use - City Centre Precinct Zoning. Multiple opportunities allowable under this Wollongong City Council zoning.