335 Crown St, Wollongong, NSW 2500
Retail Shop
To be sold in one line – High Exposure Commercial Oppo
An exceptional chance to secure two freehold properties in one of Wollongong’s busiest commercial corridors. 335 & 337 Crown Street will be sold in one line, presenting a Great Location, Great Tenants, and a Great Investment Opportunity.
• Prime Location – Positioned on a high-traffic city thoroughfare, in the Central Business District just moments from Wollongong Central.
• Unbeatable Connectivity – Wollongong Train Station is directly at the rear, providing seamless access for commuters and potential customers.
• Secure Rental Income – Three tenants currently occupying four tenancies, ensuring a diverse rental profile.
• Fully Leased Asset – 337 Crown Street is leased entirely to a single, established tenant.
• Future Potential – Strong redevelopment or repositioning opportunities (STCA) due to its prime positioning and exposure.
• Maximum Visibility – Crown Street is a major connector road with a constant flow of vehicles and pedestrians, enhancing business exposure.
Property Details
• High exposure, multi tenanted site.
• 335 Crown St Land Area – 292 sqm approx.
• 337 Crown St Land Area – 350 sqm approx.
• Total Site Area – 643 sqm approx.
• Frontage – 15.5m approx.
• FSR - 1.5:1
• Lot Details – Lot A & B DP 400191
• Zoning – E2 Commercial Centre
• Current Gross Income – $144 699.05 pa + GST
Outgoings
• 335 Crown St Outgoings
- Council Rates: $5,507.96 pa
- Water Rates: $596.92 pa + Usage
• 337 Crown St Outgoings
- Council Rates: $4,278.16 pa
- Water Rates: $596.92 pa (Usage paid by Tenant)
Whether you're an investor seeking immediate income or a developer looking for long-term upside, this is an opportunity not to be missed.
| Property: | Retail Shop |
| Land Size: | 639 sqm |
| Total Building Area: | 441m² |
Open for Inspection Times:
Recent Sales in the Suburb of Wollongong
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.