FOR SALE
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56 Montague Street
North Wollongong NSW 2500

Bedrooms: -
Bathrooms: -
Car spaces: 20
Floor area: 1450m2
Land area: 2948m2
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Prime Industrial & Commercial Investment Opportunity in Wollongong

Ideally situated just minutes from the Wollongong CBD, Princes Highway, and the Northern Distributor, this property offers exceptional accessibility.
The development features six premium, architecturally designed modern warehouses, showrooms, and versatile office spaces, complete with kitchens and amenities. Spanning approximately 1,450 sqm of building area, the property is equipped with a rare 400-amp power supply, making it an ideal location for a range of industrial and commercial uses.
Currently fully leased to a selection of high-quality, long-term tenants, this property offers a stable income stream with no vacancies, ensuring consistent returns. These established tenants are highly sought after, making this an attractive opportunity for investors seeking reliable cash flow in a thriving location.
According to Wollongong City Council data, as of June 2023, there were over 15,400 active businesses in the Wollongong LGA, with the majority being small to medium enterprises. Furthermore, the number of GST-registered businesses in the city reached an estimated 17,846 in the March 2024 quarter, highlighting the region's strong economic growth and commercial potential.
Whether you're looking to diversify your investment portfolio or secure a steady income stream, this property offers significant long-term returns in a prime, high-demand location.
Property Details:
Land Area: 2,948 sqm
Building Area:1,450 sqm
Zoning: IN2 Light Industrial
Car Spaces: Multiple on-site parking spaces
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Property Details for 56 Montague St, North Wollongong

Building Type
Commercial
Floor Size
1450m2
Land Size
2948m2

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About North Wollongong 2500

The size of North Wollongong is approximately 2.5 square kilometres. It has 9 parks covering nearly 32.6% of total area. The population of North Wollongong in 2011 was 2,272 people. By 2016 the population was 2,592 showing a population growth of 14.1% in the area during that time. The predominant age group in North Wollongong is 20-29 years. Households in North Wollongong are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in North Wollongong work in a professional occupation. In 2011, 36.5% of the homes in North Wollongong were owner-occupied compared with 33.4% in 2016.

North Wollongong has 1,616 properties. Over the last 5 years, Houses in North Wollongong have seen a 39.08% increase in median value, while Units have seen a 40.80% increase. As at 30 November 2024:

  • The median value for Houses in North Wollongong is $1,223,617 while the median value for Units is $778,157.
  • Houses have a median rent of $550 while Units have a median rent of $540.
There are currently 6 properties listed for sale, and 8 properties listed for rent in North wollongong on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in North wollongong.

Suburb Insights for North Wollongong 2500

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Danny Mojanovski
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.