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155-161 Tongarra Road Albion Park NSW 2527

  • Development / Land
  • 2,665 m²
  • For Sale, Price Upon Application

Significant Redevelopment Opportunity

      Colliers International Wollongong are delighted to present an exceptional opportunity to purchase 155-161 Tongarra Road, Albion Park.

        Positioned in the heart of the Illawarra's growth corridor, 155-161 Tongarra Road Albion Park is perfectly aligned to take advantage of being located in one of NSW's most rapidly developing growth areas. Ideally positioned to capitalise on this significant growth, the property is located in the heart of the Albion Park town centre fronting the A48 Illawarra Highway (Tongarra Road).

          Comprised of 5 amalgamated lots, the property totals an approximate developable land area of 2,665m². Currently producing a gross income of $116,872.29 per annum, the Property can provide beneficial cashflow during any planning process. Development opportunities in this location and on this scale are a rare find.


          • • Prominent high street position with 3 frontages

          • • Total land area of approx. 2,665m² over 5 lots

          • • Current gross annual income of $116,872 per annum

          • • Zoned B2 local centre with a FSR of 1.5:1 and a height limit of 12m

          • • Rare opportunity to redevelop in this location*

            *Subject to council approval

          Geoff Payne
          Colliers Wollongong
          Geoff Payne
          Colliers Wollongong
          Jonas Marcelo
          Colliers Wollongong
          Jonas Marcelo
          Colliers Wollongong

          Property Highlights

          Property ID2014958346
          Floor AreaAsk Agent
          Land Area2,665 m²
          ParkingAsk Agent
          Annual ReturnAsk Agent
          AvailabilityTenanted
          Category
          Last updated  20 Jan 2020
          Map for 155-161 Tongarra Road Albion Park NSW 2527
          Map for 155-161 Tongarra Road Albion Park NSW 2527155-161 Tongarra Road Albion Park NSW 2527
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          • Purchase price

            $
            1,234,567

          • Deposit available

            $
            123,456

          • Loan term

            30
            years

          • Interest rate

            3.00
            %

          repayments

          $0/month*

          Find out your loan options

          Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

          Geoff Payne
          Colliers Wollongong
          Geoff Payne
          Colliers Wollongong
          Jonas Marcelo
          Colliers Wollongong
          Jonas Marcelo
          Colliers Wollongong

          Property Highlights

          Property ID2014958346
          Floor AreaAsk Agent
          Land Area2,665 m²
          ParkingAsk Agent
          Annual ReturnAsk Agent
          AvailabilityTenanted
          Category
          Last updated  20 Jan 2020
          Colliers Wollongong
          Level 2, 63 Market Street Wollongong NSW 2500
          Geoff Payne
          Colliers Wollongong
          Geoff Payne
          Colliers Wollongong
          Jonas Marcelo
          Colliers Wollongong
          Jonas Marcelo
          Colliers Wollongong

          Ask Geoff Payne about this property

          Geoff Payne

          Geoff Payne

          Colliers Wollongong

          Jonas Marcelo

          Jonas Marcelo

          Colliers Wollongong

          0418 *** ***
          0418 428 398

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