Solid Warehouse Investment

$915,000

2 parking
Sale Date 7th August 2024
Sale Price $915,000
Property Type Industrial/Warehouse
Council Rates $287 Quarterly
Floor Area (Approx) 182.00m²
Floor area approx 182sqm
Land area approx 155sqm
Strata Admin Fund $1328 Quarterly
Water Rates $197 Quarterly

Prime North Wollongong location with easy access to CBD and freeway.High clearance automatic roller door with easy access driveway, 2 car spots.Solid concrete build, plenty of customer parking in modern gated complex.Internal office, bathroom, kitchen and currently returning $52,000 pa gross.Leased on a 1 x 1 year lease. Expiring Feb 2025 with 1y option to Feb 2026.Current tenant pays 100% of all outgoings (Council, Water, Strata).Located in the heart of the North Wollongong Commercial district.155m2 of warehouse floor 12.4m x 12.4m plus 27m2 mezzanine Approx.
All marketing material and advertising pertaining to this property including but not limited to images, floorplans, video, virtual tours, brochures, digital styling and furniture, drone and lifestyle images etc are for marketing and illustration purposes only and some may represent location, view or lifestyle photography. Whilst Laurence Morgan has made every effort to ensure the information supplied is truthful and correct, it may have been provided or sourced by third party individuals and suppliers and we cannot guarantee the accuracy of the information. If STCA or S.T.C.A is stated in advertising it is referring to "Subject to council approval" and we recommend seeking independent planning advice. Any displayed or advertised outgoings, estimates, land sizes, measurements, completion dates and distances are approximate only and may be subject to change without notice and Laurence Morgan gives no warranty to the accuracy of the information and takes no responsibility for any loss incurred from acting on the information provided. We strongly recommend all interested parties conduct their own due-diligence and research to ensure they are satisfied and fully informed in all respects prior to making an offer or proceeding to purchase the property. Read More


Schools & Public Transport

Corrimal High School
Co-Ed High School
7-12
Towradgi Primary School
Primary School
K-6
Based on our available information, this property falls within the listed government school intake zones. Source: School intake zones for NSW government schools
Elonera Montessori School
Combined
K-12
Good Samaritan Catholic Primary School
Primary
K-6
St Brigid's Catholic Primary School
Primary
K-6
St Mary Star of the Sea College
Secondary
7-12
Wollongong Flexible Learning Centre
Special
Special
Only non-government schools within a 3km radius of this property are listed. Source: Acara Australian Schools List
Bus Services
University of Wollongong to Wollongong via Gwynneville (Loop Service)
Premier Illawarra
55A
Wollongong to Bellambi via Balgownie (Loop Service)
Premier Illawarra
8
Wollongong to Shellharbour via Dapto (Loop Service)
Premier Illawarra
37
Wollongong to Bellambi via Towradgi (Loop Service)
Premier Illawarra
3
Wollongong to Shellharbour via Warrawong (Loop Service)
Premier Illawarra
57
Wollongong to Stanwell Park via Thirroul
Premier Charters
2
University of Wollongong to Wollongong via Fairy Meadow (Loop Service)
Premier Illawarra
55C
Wollongong to Mount Pleasant (Loop Service)
Premier Illawarra
6
Wollongong to Bellambi (Loop Service)
Premier Illawarra
7
Wollongong to Austinmer Station
Dions Bus Service
90
University of Wollongong to Austinmer Station
Dions Bus Service
91
Wollongong to Bulli
Dions Bus Service
92
University of Wollongong to Bulli
Dions Bus Service
93
Train Services
South Coast Line
NSW Trains
SCO
Selected routes with a boarding point within approximately 1km of this property are listed. Source: TfNSW Timetables

Agents

Daniel Frazer
Daniel Frazer Director | Licensed Agent | Licensed Auctioneer

Location Map

North Wollongong

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This property was sold by

Director | Licensed Agent | Licensed Auctioneer
Daniel Frazer

Photo Gallery

All marketing material and advertising pertaining to this property including but not limited to images, floorplans, video, virtual tours, brochures, digital styling and furniture, drone and lifestyle images etc are for marketing and illustration purposes only and some may represent location, view or lifestyle photography. Whilst Laurence Morgan has made every effort to ensure the information supplied is truthful and correct, it may have been provided or sourced by third party individuals and suppliers and we cannot guarantee the accuracy of the information. If STCA or S.T.C.A is stated in advertising it is referring to “Subject to council approval” and we recommend seeking independent planning advice. Any displayed or advertised outgoings, estimates, land sizes, measurements, completion dates and distances are approximate only and may be subject to change without notice and Laurence Morgan gives no warranty to the accuracy of the information and takes no responsibility for any loss incurred from acting on the information provided. We strongly recommend all interested parties conduct their own due-diligence and research to ensure they are satisfied and fully informed in all respects prior to making an offer or proceeding to purchase the property.
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