FOR SALE
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51/11-15 Atchison Street
Wollongong NSW 2500

Bedrooms: -
Bathrooms: -
Car spaces: 14
Floor area: 404m2
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Occupy with Income Upside

A rare opportunity to secure your own space with benefit of income from another, suite 1a currently vacant with suite 1 currently occupied by Turner Freeman Lawyers.
Total Office area = 404m2 & 207m2 of approximate parking area ( Total area 611m2 )
Suite 1 -
* Occupied by a leading National Law Firm ( Turner Freeman )
* Initial lease term of 7yr's expires 4/08/2028 with additional 3 + 3 year options
* Passing rent is $65,563.68 pa + gst + outgoings of (approximately $10,000 pa)
* Suite area is approximately 200m2
* Includes 7 onsite car spaces
Suite 1a - Vacant
* Well presented & fitted out this suite is ready to occupy
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Property Details for 51/11-15 Atchison St, Wollongong

Building Type
Commercial
Floor Size
404m2

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About Wollongong 2500

The size of Wollongong is approximately 5.9 square kilometres. It has 28 parks covering nearly 23.4% of total area. The population of Wollongong in 2011 was 16,716 people. By 2016 the population was 18,454 showing a population growth of 10.4% in the area during that time. The predominant age group in Wollongong is 20-29 years. Households in Wollongong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wollongong work in a professional occupation. In 2011, 39.6% of the homes in Wollongong were owner-occupied compared with 39.6% in 2016.

Wollongong has 15,567 properties. Over the last 5 years, Houses in Wollongong have seen a 55.95% increase in median value, while Units have seen a 34.40% increase. As at 31 October 2024:

  • The median value for Houses in Wollongong is $1,156,901 while the median value for Units is $756,585.
  • Houses have a median rent of $620 while Units have a median rent of $600.
There are currently 116 properties listed for sale, and 76 properties listed for rent in Wollongong on OnTheHouse. According to CoreLogic's data, 704 properties were sold in the past 12 months in Wollongong.

Suburb Insights for Wollongong 2500

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Mathew Ivanoff
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Joe Casarotto
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Raine & Horne Commercial Wollongong
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Disclaimer
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.