FOR SALE
AUCTION

22-26 Wentworth Street
Port Kembla NSW 2505

Bedrooms: -
Bathrooms: -
Car spaces: 9
Floor area: 368m2
Land area: 613m2
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Prime Retail & Office Building in Rapidly Evolving 'Artsy' Port Kembla Community

Ray White Shellharbour City is proudly offering this outstanding opportunity to acquire a quality and versatile retail/office investment property in the heart of Port Kembla. Port Kembla is setting the standard to become the south coast version of the trendy Paddington/Newtown situated in Sydney.
Take advantage of your proximity to an array of local barista's, trendy bars, boutique retailers, artists and small art galleries and a host of food offerings from the multicultural fooderies.
A key feature of this property is the natural awareness that can be produced for the tenants in the space, and the substantial foot/main strip traffic will ensure the longevity of the investment. With the area being a tightly held, opportunities of this nature are rare to the Market.
- Offered with 4 individual retail/office tenancies producing income and is fully tenanted at present.
- The property comprises of 613m2 (approx.) of Land and has an asset with 368m2 of lettable area.
- Floor to space ration of 1.5:1 offers future opportunities (STCA)
- Current Income of approximately $73,000 per Annum
- Water Rates approximately $800 per Annum
- Council Rates approximately $6750 per Annum
The sale of this quality retail property is an exciting and compelling investment opportunity, offered to the market for the first time in nearly 25 Years.
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Property Details for 22-26 Wentworth St, Port Kembla

Building Type
Commercial
Floor Size
368m2
Land Size
613m2

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About Port Kembla 2505

The size of Port Kembla is approximately 14.5 square kilometres. It has 16 parks covering nearly 11.3% of total area. The population of Port Kembla in 2011 was 4,883 people. By 2016 the population was 5,001 showing a population growth of 2.4% in the area during that time. The predominant age group in Port Kembla is 50-59 years. Households in Port Kembla are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Port Kembla work in a trades occupation. In 2011, 65.1% of the homes in Port Kembla were owner-occupied compared with 62.7% in 2016.

Port Kembla has 2,921 properties. Over the last 5 years, Houses in Port Kembla have seen a 55.17% increase in median value, while Units have seen a 47.34% increase. As at 31 October 2024:

  • The median value for Houses in Port Kembla is $843,015 while the median value for Units is $679,316.
  • Houses have a median rent of $600 while Units have a median rent of $430.
There are currently 10 properties listed for sale, and 17 properties listed for rent in Port kembla on OnTheHouse. According to CoreLogic's data, 90 properties were sold in the past 12 months in Port kembla.

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James Mahony
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Ray White Shellharbour City
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