234-236 Crown Street Wollongong NSW 2500

Positioned in the centre of Wollongong's thriving CBD, 234-236 Crown Street offers a rare chance to secure a fully leased, high exposure commercial asset within one of the region's busiest pedestrian and vehicular corridors.

Surrounded by key retail and lifestyle destinations such as Wollongong Central and the future WIN Grand precinct, the property enjoys an enviable location that is set to benefit from continued investment and revitalisation in the area.

This freestanding building is home to three strong tenants spanning retail and hospitality including a brand new offering in Wollongong, Chechos, a dynamic new food and beverage Mexican cuisine. The arrival of Chechos brings a fresh energy to Crown Lane, tapping into Wollongong's growing food culture and ensuring strong activation of the Crown Lane frontage.

Together, these tenancies provide a secure and diversified income stream, generating an annual net income of $157,104* P.A. + GST. With fixed annual increases, on-charged outgoings, and long lease terms, this asset offers excellent income stability and capital growth potential.

Investment Highlights:

• Land area: 290m2*
• Floor area: 432m2*
• Current net rental: $157,104 + GST P.A.*
• Strategic, high profile position along Wollongong's main retail strip
• Brand new lease to Chechos, a new Mexican inspired hospitality offering
• First time offered to market in over 20 years
• Zoned E2 Commercial Centre

*Approx.