128-134 Crown Street, Wollongong, NSW 2500

Retail | Offices | Showrooms

Sold $7,000,000

  • Property ID: 337752
  • Floor Area: 1745m²
  • Land Area: 995m²
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 1745m2 995m2 N/A
Diverse commercial/retail investment, underpinned by new Westpac lease

$455,369 p.a. net passing rent from seven separate tenants
WALE 4.21 years (by income) as at 1/8/19
Potential for additional rental income from two vacant suites
Estimated fully leased income - $495,706 pa net + GST
1,745sqm freehold building in prime Wollongong Mall position
Large 995sqm site zoned B3 with two frontages and parking at rear
Possible future upside by way of extension or redevelopment (STCA)

Wollongong Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $560 ---
Retail $2632 $340 12.94%
Industrial $2632 $139 5.29%
This is the average advertised price, rent and yield for Wollongong, NSW 2500*
Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
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  MMJ Real Estate Wollongong

 

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Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 128-134 Crown Street, Wollongong, NSW 2500. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 128-134 Crown Street, Wollongong, NSW 2500. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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