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Colliers - Wollongong

29-31 Denison Street Wollongong, NSW 2500

Directions

29-31 Denison Street,
Wollongong, NSW 2500

Development Sites & Land

Price information

Sale - Expression of Interest

EOI Thursday 2 May at 4pm (AEST)

Detailed listing

Key property information

Land area

Zoning

Tenure type

Private inspections

to arrange a private inspection.
Colliers - Wollongong
Simon Kersten
Taleah Thomas

Colliers - Wollongong

Level 2, 63 Market Street
WOLLONGONG, NSW 2500
Colliers - Wollongong
29-31 Denison Street
Wollongong, NSW 2500

Detailed listing

Map of 29-31 Denison Street

Directions
  • Train stations within 5 km of 29-31 Denison Street, Wollongong, NSW 2500Distance
    Wollongong Station342 m
    North Wollongong Station1.3 km
    Coniston Railway Station1.6 km
    Illawarra Live Steamers1.7 km
    Fairy Meadow Station3.3 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 29-31 Denison Street, Wollongong, NSW 2500Distance
    Crown St Opp Station St194 m
    Crown St at Gladstone Av197 m
    Wollongong Station342 m
    Crown St Before Keira St349 m
    Crown St Before Osborne St353 m
    POWERED BY HERE ©
POWERED BY HERE ©

DA Approved Development Opportunity

Approved for 36 residential apartments and 2 commercial suites situated in the heart of Wollongong less than 400m* from Wollongong train station.

Ideally located within Wollongong CBD, offering great connectivity to all major roads, public transport, medical facilities, major retailors and an array of eateries, the site benefits from everything that Wollongong has to offer.

A total approved GBA of 3,580m2* with an NFA of 3,198m2*, using an FSR of 2.57:1. This property has the potential to be further maximised by incorporating the new affordable housing incentive scheme which permits extra FSR and height if the criteria is met.

EOI Thursday 2 May at 4pm (AEST)

Property Highlights:
• Land area: 1,387m2*
• Approved GBA: 3,580m2*
• Approved NFA: 3,198m2*
• DA approved for 36 residential apartments and 2 commercial suites
• Zoned MU1 Mixed Use under Wollongong City Council LEP
• Currently leased
• Commencement: 1-Jan-23
• Expiry: 31-Dec-25 (notice required to start the 6 month demolition clause)
• Options: 3x6 months
• Net Return: $100,000 + GST P.A.
• DD room is available upon request.

*Approx

Property ID: 504555936Last Updated: 2 Apr 2024

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