Do you have a vision for Wollongong CBD? - This is a rare opportunity to place your brand on Wollongong's renaissance. The timing is perfect to capitalise on the recent massive investments made in Crown Street Mall and Wollongong CBD.
This site, zoned B3 Commercial Core, features all the attributes necessary to realise a cutting edge mixed use development comprising commercial / retail and/or residential accommodation (STCA).
Centrally located on the corner of Crown and Kembla Streets and fronting the Wollongong Mall this site is truly one of Wollongong's most iconic and well known buildings.
The property comprises a mix of retail and commercial accommodation offering immediate cashflow to the
incoming purchaser while obtaining approvals for this significant development.
Total site area of approximately 2,466m with three street frontages
Zoned B3 Commercial Core - allowing between 6:1 and 3.5:1 FSR depending on mix of commercial and/or residential
Currently returning approximately $466,700 gross p.a. with significant rental growth achievable
Located in the boutique eastern end of Wollongong CBD with direct exposure to passing traffic from Crown Street Mall
The timing is perfect to capitalise on the recent massive investments made in Crown Street Mall
