461 Crown StreetWollongong NSW 2500
Property Details for 461 Crown St, Wollongong
Last Listing description (November 2023)
Ideally situated, this property offers huge exposure close to Wollongong's medical precinct. Moments to Wollongong Public and Private Hospitals, additional medical services, Wollongong Central and an arrange of specialty retailers and eateries.
Previously occupied by Cannon & Ball Veterinary Surgeons, the existing fit out comprises 3 consult rooms, waiting room, surgery area, x-ray room with lead-lined wall, radiation space, 2 store-rooms, lunchroom, air-conditioning in each consult room, gas connection, both oxygen and nitros, onsite toilet and 8-10 car spacing onsite. The property also offers 3 entries, with disabled access to the front of the premises.
This opportunity is suited to investors looking to expand their property portfolio, or owner occupiers ready to receive the benefits from this high exposure property.
The property is being offered for sale by Expressions of Interest closing Wednesday, 6 December at 2pm (AEDT).
Property Highlights
Floor area: 170m2*
Land area: 840m2*
Existing medical fit out in place
R2 Low Density Residential
Invest or occupy this freestanding asset
Ideally positioned within Wollongong's medical precinct
Contact one of our exclusive agents today for more information.
*Approx.
Property History for 461 Crown St, Wollongong, NSW 2500
- 26 Feb 2024Sold for $1,292,500
- 09 Nov 2023Listed for Sale EOI closing Wed 6 Dec at 2pm (AEDT)
- 06 Sep 2023Sold for $610,000
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0About 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.
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