FOR SALE
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Shop 2/313-323 Crown Street
Wollongong NSW 2500

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 499m2
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ONE OF THE MOST HIGHLY EXPOSED CORNERS IN TOWN

* Located on the corner of Crown & Station Streets
* High quality office of 499 m2 with wrapped glass frontage of some 47 meters
* Modern reception area, multiple large classrooms that can easily be split into smaller offices
* Quality kitchen and break out areas
* Current employment training tenant in situ since July 2017 with income of $142,288 pa net return
* Opportunity to owner occupy in short timeframe if required
* 4 basement car spaces
* Situated within the commercial core of Wollongong and meters from the train station

Property Details for Shop 2/313-323 Crown St, Wollongong

Building Type
Commercial
Floor Size
499m2

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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 15,644 properties. Over the last 5 years, Houses in Wollongong have seen a 51.69% increase in median value, while Units have seen a 35.68% increase. As at 31 July 2024:

  • The median value for Houses in Wollongong is $1,101,944 while the median value for Units is $752,787.
  • Houses have a median rent of $673 while Units have a median rent of $580.
There are currently 101 properties listed for sale, and 82 properties listed for rent in Wollongong on OnTheHouse. According to CoreLogic's data, 745 properties were sold in the past 12 months in Wollongong.

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Lynda Burnside
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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.