90 Crown Street, Wollongong, NSW 2500

Offices | Retail

For Sale Expressions of Interest

  • Property ID: 406263
  • Floor Area: 9172m²
  • Land Area: 3755m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the premises (FTTP)
The Crown Jewel of Wollongong

Knight Frank is delighted to offer for sale, 90 Crown Street, Wollongong NSW.
90 Crown Street presents a rare opportunity to purchase a fully leased A-Grade government-anchored asset in one of Australia's strongest performing office markets.
The building comprises ground floor retail and six levels of high quality office accommodation. The building is located in the epicentre of the Wollongong CBD and is the regional headquarters for the Federal Government's Services Australia and NSW Government's Transport Department.

90 Crown Street is a fully leased A-Grade office asset featuring a diversified blue chip tenancy profile, excellent retail amenity, brand new lifts and excellent environmental credentials.
This is an iconic freehold investment opportunity not to be missed.

Property highlights include:

- Superior triple-frontage CBD location for business
- 100% leased A Grade office complex with attractive retail component (19% of the NLA)
- 79.6% of gross income secured by government tenants
- Highly specified building with a 5.0 Star NABERS Energy Rating
- 3.68 year WALE with long tenure to blue-chip covenants
- 9,172 sqm* NLA with an abundance of 160 parking spaces
- Value upside with approval in place by Wollongong City Council to increase the size of the building
Wollongong's Crown Jewel is being sold via Expressions of Interest closing on Thursday 17th of March 2022 at 4pm (AEDT).

For further information on this rare opportunity, please contact one of the exclusive selling agents.

Ben Mostyn
Ben.Mostyn@au.knightfrank.com
0477 213 947

Dominic Ong
Dominic.Ong@au.knightfrank.com
0468 969 298

Tyler Talbot
Tyler.Talbot@au.knightfrank.com
0401 797 804
*Approx.

Wollongong Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $816 ---
Industrial --- $70 ---
Retail --- $375 ---
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 Offices 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.

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™.
  • 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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