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234-236 Crown Street
Wollongong NSW 2500
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234-236 Crown Street Wollongong NSW 2500

  • Shop & Retail
  • 402 m²
  • For Sale, EOI | Closing Thursday, 12 December at 4PM (AEDT)

Wollongong CBD Investment | First Time on Offer in Over 2 Decades

    This exceptional commercial property is strategically located on Crown Street, Wollongong's most prominent thoroughfare. Offering unmatched visibility and accessibility, just moments from Wollongong Central and adjacent to the upcoming WIN Grand development, the property benefits from significant vehicular exposure and high foot traffic, making it an ideal investment for those seeking strong returns and long-term growth.

    The vibrant atmosphere of Crown Street ensures constant activity, a dynamic that will be further amplified by nearby development. This project is set to enhance the area's appeal, attract more visitors to Wollongong, and drive future growth.

    Currently fully leased to three tenants across the retail and dining sectors, the property offers stable income. The property currently generates an annual gross income of $178,881* + GST P.A. and a net return of $157,587* + GST P.A.

    For Sale by Expressions of Interest closing Thursday, 12 December at 4PM (AEDT).

    Property Highlights:
    • Land Area: 290m2*
    • Total Floor Area: 402m2*
    • Zoning: E2 Commercial Centre under Wollongong City Council LEP
    • Current Net Rental: $157,587* + GST P.A.
    • Leased to established operators, providing steady cash flow
    • Prime location with high exposure to vehicular and foot traffic with close proximity to key attractions and amenities
    • Future potential enhanced by nearby developments and high-growth commercial activity in Wollongong's CBD
    • First time offered for sale in over 2 decades

    For more information or to arrange an inspection, please contact the exclusive selling agent.

    *Approx.

    Colliers Wollongong
    Colliers Wollongong
    Level 2, 63 Market Street
    Wollongong, NSW 2500

    Property Highlights

    Floor Area402 m²
    Land Area290 m²
    Energy0-star NABERS Energy rating
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2019637299
    Category
    Last updated  20 Nov 2024
    Map for 234-236 Crown Street Wollongong NSW 2500

    Nearest transport* to 234-236 Crown Street Wollongong NSW 2500

    Bus
    Train
    Tram
    Ferry
    Crown St before Keira St7 m
    Crown St after Keira St28 m
    Wollongong Central, Keira St106 m
    Burelli St after Keira St131 m
    This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
    *Within a 4km radius
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    Colliers Wollongong
    Colliers Wollongong
    Level 2, 63 Market Street
    Wollongong, NSW 2500

    Property Highlights

    Floor Area402 m²
    Land Area290 m²
    Energy0-star NABERS Energy rating
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2019637299
    Category
    Last updated  20 Nov 2024

    Co-Agents

    Taleah Thomas
    Colliers Wollongong
    Call
    0466610444

    More about 234-236 Crown Street Wollongong NSW 2500

    234-236 Crown Street Wollongong NSW 2500 is categorized as Shop & Retail Property. It has a floor area of 402 m² and a land area of 290 m². The listing ID for this property is 2019637299.

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