Knight Frank offers for sale via Expressions of Interest, 75-79 Keira Street, Wollongong; a substantial accommodation investment with multiple value-add opportunities.
Situated immediately to the north of the CBD, this 1,246 sqm* site is strategically located on Keira Street, home to Wollongong's bustling restaurant and café scene and only minutes from the pristine beaches of the NSW South Coast.
Key investment highlights include:
- 1,246 sqm* site in Wollongong CBD
- GFA of 3,029 sqm*
- Tenanted investment with net passing income of $963,000*
- Boarding house/co-living facility with 83 rooms + 1 Manager's unit
- Configured with individual ensuites and kitchenette facilities or shared amenities throughout
Property overview:
- 4 units with communal facilities
- 55 units with ensuites
- 24 units with ensuites & kitchenettes
- 9 communal kitchens
- Common courtyard
- 2 commercial/retail spaces on ground & lower ground
- 25 car parking spaces
- 1 Manager's unit
For Sale via Expressions of Interest. For more information, contact the exclusive Knight Frank agents.
Ben Mostyn | 0477 213 947
Ben Churven | 0421 657 510
Anthony Pirrottina | 0402 666 093
*Approx.