FOR SALE
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7 Flinders Street
Wollongong NSW 2500

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 153m2
Land area: 246m2
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Opportunity Knocks!

Situated on a high-traffic main arterial road is this substantial brick building leased to a great business (tenant). A perfect investment for the savvy investor.
- Current use – Laundromat and dry cleaning services
- Land size –246 sqm approx.
- Building area – 153 sqm approx.
- Zoned E3 – Productivity Support Zone
- Onsite parking
- Separate garage/storage
- Mezzanine level with office and staff amenities
- Goss income $47,628 pa + GST + water usage
- Outgoings include CR $4,770.52 pa & WR $499.24 pa

Property Details for 7 Flinders St, Wollongong

Building Type
Commercial
Floor Size
153m2
Land Size
246m2

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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 15,734 properties. Over the last 5 years, Houses in Wollongong have seen a 45.88% increase in median value, while Units have seen a 33.46% increase. As at 30 November 2024:

  • The median value for Houses in Wollongong is $1,149,991 while the median value for Units is $762,103.
  • Houses have a median rent of $620 while Units have a median rent of $600.
There are currently 83 properties listed for sale, and 85 properties listed for rent in Wollongong on OnTheHouse. According to CoreLogic's data, 725 properties were sold in the past 12 months in Wollongong.

Suburb Insights for Wollongong 2500

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Con Papadopoulos
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Chris Tudzarov
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LJ Hooker 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.