An unrivalled opportunity to acquire a high profile CBD fringe Freehold investment with additional development potential, the subject site is being offered for sale by EOI.
( Closing 8th of June 2021 )
• Total NLA of 1855.21m2* with 328m2* floor plates Levels 1-5
• Functional 6 level building with multiple tenancies
• High profile corner site with 2 street frontages
• Offered as a going concern with key tenancies including ( Illawarra Area Health , Atwork , Illawarra Cardiology, Amplifon Hearing Centre & Illawarra Diabetes Clinic )
• Annual passing income $637,793 gross & $487,722 net ( fully leased )
• Located across the road from Wollongong Railway Station
• Short walk to Crown Central Mall shopping precinct & eateries
• Surrounded by key infrastructure being Wollongong Hospital, Wollongong Private Hospital & GPT complex
• Secure gated parking for 20 vehicles with additional public parking facilities under 100m away.
• Zoned Commercial core the site can be further developed by approximately 1100m2* (SCTA ) – concept plans available upon request.