128-134 Crown Street, Wollongong, NSW

Sold | Sold - $7,500,000
Retail, Offices, Showrooms/Bulky Goods

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)

Key Features
Property Type
Retail, Offices, Showrooms/Bulky Goods
Building Size
1745 sqm
Land Size
995 sqm
Zoning
B3 Commercial Core
Contact Agents

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Office: MMJ Real Estate, Wollongong
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