SOLD
Sold on 27 Jun 2024 for $795,000

117 Keira Street
Wollongong NSW 2500

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 147m2
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Property Details for 117 Keira St, Wollongong

Building Type
Commercial
Land Size
147m2
Local Government
Wollongong
Lot/Plan
86/SP104975

Last Listing description (January 2024)

This property presents an excellent opportunity for businesses looking for a strategic location, modern facilities, and favorable lease terms in Wollongong CBD.

Property Features:

*Prime Location: Situated on the bustling Keira Street in Wollongong CBD, this property offers high visibility and convenient access for businesses.
*Versatile Space: This newly constructed property is suitable for retail or office purposes, spanning across two levels, providing ample room for various business needs.
*Rent-Free Period: Enjoy a rent-free period of up to 6 months, subject to specific conditions, allowing businesses to establish themselves without immediate financial strain.
*Flexible Lease Options: Long-term lease agreements are available, providing stability and assurance for businesses seeking a lasting presence in the area.
*Secure Parking: Benefit from the convenience of two secure underground car spaces, ensuring a hassle-free parking experience for staff and customers alike.
*Storage Solution: In addition to the main space, there's an extra 13 sqm of secure underground storage, perfect for keeping inventory or equipment safe and organized.
*Optimal Layout: The property is designed with functionality in mind, featuring a ground floor ideal for reception purposes, while the first floor offers well-suited spaces for offices or consultation rooms.
*Ready-to-Use Facilities: The property comes equipped with essential amenities, including a kitchenette, making it ready for immediate use and reducing the hassle of setting up.

Property History for 117 Keira St, Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$795,000
27 Jun 2024
Listed for Rent
$30k/w
19 Oct 2023
  • 27 Jun 2024
    Sold for $795,000
  • 31 Oct 2023
    Listed for Rent $52,000 / year
  • 20 May 2022
    Sold for $600,000

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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 15,550 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 112 properties listed for sale, and 82 properties listed for rent in Wollongong on OnTheHouse. According to CoreLogic's data, 699 properties were sold in the past 12 months in Wollongong.

Suburb Insights for Wollongong 2500

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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.