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Sold on 21 Mar 2024 - Price Unavailable

221-229 Crown Street
Wollongong NSW 2500

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 68m2
Land area: 645m2
Sold By
Colliers Wollongong
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Property Details for 221-229 Crown St, Wollongong

Building Type
Commercial
Floor Size
68m2
Land Size
645m2
Local Government
Wollongong
Lot/Plan
1/DP220513

Last Listing description (April 2024)

WIN Grand will activate and transform the Wollongong City Centre with a much needed reinvigoration west of Keira Street. The site covers an entire city block of 1.308Ha* defined by Crown, Keira, Burelli and Atchison Streets.

The site is centrally located at the intersection of Keira and Crown Streets, within the Wollongong CBD. Situated directly opposite Wollongong Central, only moments from local eateries, Wollongong Railway Station, Woolworths, Crown Street Mall and a short drive to Wollongong's pristine beaches.

This is a great opportunity to participate in the development of a large scale, mixed-use site with approval for three residential towers, commercial buildings, retail shops, entertainment facilities, and a wellness centre in a high growth, coastal CBD location.

We are seeking expressions from parties wishing to develop the site, closing Tuesday 22 August at 4pm (AEST).

Highlight features:
Land area: 1.308Ha*
DA approved for 3 residential towers, commercial buildings, retail shops, entertainment facilities and a wellness centre
Zoned E2 Commercial core
The site sits within the boundary for the bonus city centre FSR (3.5:1 for residential & 6:1 for commercial)

For further information, reach out to our team on how you can participate in this once in a lifetime opportunity.

*Approx.

Property History for 221-229 Crown St, Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
21 Mar 2024
Listed for Rent
$5.20k/w
25 Sep 2023
  • 21 Mar 2024
    Sold
  • 19 Jul 2023
    Listed for Sale EOI closing Tues 22 Aug at 4pm (AEST)
  • 18 Oct 2019
    Sold
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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 15,605 properties.

    There are currently 102 properties listed for sale, and 89 properties listed for rent in Wollongong on OnTheHouse. According to CoreLogic's data, 717 properties were sold in the past 12 months in 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.