FOR SALE
$29,000 + SAV

56 Crown Street
Wollongong NSW 2500

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 95m2
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TOP CHOICE RESTAURANT $29,000 + SAV

Be your own boss! $29,000 + SAV. Plant & Equipment included. WIWO. Popular Asian Fusian Restaurant located in the downtown entertainment district of Wollongong CBD. Plenty of potential surrounded by multiple high rise apartments and CBD workers and growing. Liquor license included to trade from 11:00am - 9:00pm.
Fully fitted out functional kitchen with an extra storeroom.
Equipped with exhaust, fridges, greasetrap, male and female toilets.
Restaurant seats 60 customers. Runs with 3 staff. Plenty of potential. For more information please contact the selling agent Paul Spinelli on 0415 112 702.

Property Details for 56 Crown St, Wollongong

Building Type
Commercial
Floor Size
95m2

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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 15,564 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 119 properties listed for sale, and 80 properties listed for rent in Wollongong on OnTheHouse. According to CoreLogic's data, 716 properties were sold in the past 12 months in Wollongong.

Suburb Insights for Wollongong 2500

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Paul Spinelli
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Adam Spinelli
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Spinelli Real Estate
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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.