» »
Adjoining, Approved Inner-City Boarding Houses!

37 & 39 Kembla Street, WOLLONGONG NSW, 2500

Sold

Property Sold in 37 & 39 Kembla Street, WOLLONGONG NSW, 2500

MMJ Real Estate - Wollongong

6-8 Regent Street, Wollongong, NSW 2500

Listing ID:
11293368
Status:
Sold
Price:
Sold - $2,900,000
Last Updated:
11/11/2019
Icon building

Property Type

Land/Development/Hotel/Leisure
Icon square

Land Area

1352 SQM
Icon size

Floor Area

509 SQM
Icon parking

Parking

7

Adjoining, Approved Inner-City Boarding Houses!

Situated in the heart of Wollongong City, are these two fully approved boarding houses boasting a combined total of 39 rooms. The property benefits from a sensational rental return and has a total land area of 1,352sqm which provides untapped future development potential. An abundance of lifestyle conveniences can be enjoyed from a near "walk everywhere" address that would undoubtedly appeal to an astute purchaser. Develop, re-design or improve… the options are endless!

A full Information Memorandum is available by request.

Key Features
- Predominantly level and well positioned 1,350sqm site on two separate titles
- Zoned R1 General Residential with a Floor Space Ratio of 1.5 to 1
- Generous 24 metre height limit
- Excellent development potential (STCA)
- Two operating boarding houses with a total of 39 individual rooms
- Excellent passing rental of $275,000 per annum gross
- Level 680 metre* walk to Wollongong Harbour
- Easy 450 metre* walk to major shopping centre

For more details, please email agent

MMJ Real Estate - Wollongong

6-8 Regent Street, Wollongong, NSW 2500


More properties from MMJ Real Estate - Wollongong
Leased
24 Kenny Street, WOLLONGONG NSW, 2500

24 Kenny Street, ...

OfficesMedical/Consulting
Leased
Level Ground/12-14 Bong Bong Road, DAPTO NSW, 2530

Level Ground/12-1...

Offices
For Lease
3 Rawson Street, WOLLONGONG NSW, 2500

3 Rawson Street, ...

Offices
Sold
383 Crown Street, WOLLONGONG NSW, 2500

383 Crown Street,...

OfficesLand/DevelopmentMedical/Consulting
For Lease
1/16-20 Gladstone Avenue, WOLLONGONG NSW, 2500

1/16-20 Gladstone...

Offices
For Lease
204 Princes Highway, CORRIMAL NSW, 2518

204 Princes Highw...

RetailMedical/Consulting
More properties from Wollongong
For Lease
89 Market Street, WOLLONGONG NSW, 2500

89 Market Street,...

OfficesMedical/ConsultingOther
For Lease
4/74 Kembla Street, WOLLONGONG NSW, 2500

4/74 Kembla Stree...

OfficesRetail
For Sale
Commercial/10-18 Regent Street, WOLLONGONG NSW, 2500

Commercial/10-18 ...

RetailHotel/LeisureMedical/Consulting
For Lease
406 Crown Street, WOLLONGONG NSW, 2500

406 Crown Street,...

Medical/ConsultingOfficesRetail
Leased
248-250 Crown Street, WOLLONGONG NSW, 2500

248-250 Crown Str...

RetailOffices
Sold
81-85 Keira Street, WOLLONGONG NSW, 2500

81-85 Keira Stree...

Land/DevelopmentRetailShowrooms/Bulky Goods
Loading...