19-21 Princes Hwy, Fairy Meadow, NSW 2519
Retail Shop
Fully Leased Mixed-Use Investment
LJ Hooker Commercial Wollongong is pleased to present 19-21 Princes Highway, Fairy Meadow to the market. This is a rare opportunity to secure a diversified, multi-tenanted mixed-use holding in one of the Illawarra's most established northern suburbs.
The property comprises four ground-floor retail shopfronts, a rear warehouse and three residential units. Together they deliver eight separate income streams across retail, industrial and residential asset classes.
The commercial component is anchored by a complementary, service-based tenancy mix: a café, travel agency, hair salon, insurance brokerage and gymnasium. These are needs-based, convenience-driven occupiers that rely on the highway's passing exposure and the strong local catchment.
The residential component adds a further layer of income security. It benefits from consistent rental demand driven by Fairy Meadow's proximity to the University of Wollongong, the Wollongong CBD and Fairy Meadow Train Station.
Positioned with direct frontage to the Princes Highway, the property enjoys high-volume traffic exposure, established pedestrian activity and convenient access to public transport and the wider northern suburbs.
For investors seeking a spread of risk across multiple tenants and asset classes, this is an asset that rarely becomes available in this location.
- Net Income of $195,666 excl GST
- 8 income streams: 4 retail shopfronts, 1 warehouse, 3 residential units
- Established service-based tenancy mix
- 512sqm* Commercial NLR
- Land area: 1,144sqm
- Prominent Princes Highway frontage with high traffic exposure
- E1 | Local Centre Zoning
- Close proximity to the University of Wollongong, Wollongong CBD and local amenity
*approx.
| Property: | Retail Shop |
| Land Size: | 1144 sqm |
| Total Building Area: | 744m² |
Open for Inspection Times:
Recent Sales in the Suburb of Fairy Meadow
Every precaution has been taken to establish accuracy of the information but does not constitute any representation by the vendor or real estate agent. You should make your own enquiries as to its accuracy.