116-118 Wentworth StreetPort Kembla NSW 2505
Property Details for 116-118 Wentworth St, Port Kembla
Last Listing description (November 2024)
Elders Real Estate Wollongong are proud to offer you this opportunity to acquire a popular corner commercial property!
Looking for genuine investors - Positioned in well-established Wentworth Street.
Property Features:
- Land Area Approx. 520qm
- Internal N.L.A over 400m2 - Plus Garage/Storeroom and Rooftop
- Zoned E1 Local Centre
Property has potential to be sublet into multiple commercial shops or used for a large business setup
Ground Level:
- Six ground floor individual commercial/retail shop fronts
- High profile corner, with direct street access
- Tiled areas
- Amenities
- Kitchenette area
- Airconditioned
- Would suite, most commercial or retail uses:- Café, restaurant, hair salon, medical and/or office consulting
First Floor
- Large open, trendy, yet creative, well established business space
- Additional private offices
- Board/meeting room
- Spacious roof top staff/client alfresco entertaining area with ocean views
- Fully air-conditioned
- Male and female amenities
- Multiple storage areas
Rear lane access, with on-site parking
Property is being offered as vacant possession
Excellent commercial acquisition opportunity to add to your property portfolio,
Located in the central Port Kembla Business precinct, super close proximity to Port Harbour operation, famous Port Kembla Beach, schools, shops, and cafes,
Only minutes to Wollongong CBD and Shopping Precinct, Wollongong University, Innovation Campus, Both Public and Private Hospitals
Sydney CBD, and airport only 1 hour away
Call today and schedule your private inspection.
Property History for 116-118 Wentworth St, Port Kembla, NSW 2505
- 20 Nov 2024Sold for $1,580,000
- 27 Sep 2024Listed for Sale Expressions Of Interest
- 21 Oct 2000Sold for $110,000
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0About 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 2,928 properties. Over the last 5 years, Houses in Port Kembla have seen a 51.37% increase in median value, while Units have seen a 45.36% increase. As at 31 January 2025:
- The median value for Houses in Port Kembla is $867,591 while the median value for Units is $703,539.
- Houses have a median rent of $610 while Units have a median rent of $450.
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