Share this property

realcommercial.com.au

83-85 Market Street Wollongong, NSW 2500

Directions

83-85 Market Street,
Wollongong, NSW 2500

Offices • Development Sites & Land

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Car spaces

Parking info

Property extent

Tenure type

Sold on

Map of 83-85 Market Street

Directions

CBD Commercial Multi-tenanted Investment - Estimated Fully Leased Yield 11.27%

Impressive 6 level commercial office building offering an approximate net lettable area of 1,843sqm in desirable and convenient CBD Core location.

Partially leased to various quality tenants including Kells Lawyers.

Leasing the current vacancies will potentially increase the annual net income to over $500,000 per year plus GST. Current net passing income is approximately $307,382 per year plus GST.

83-85 Market Street (site with office building) has a site area of 1,068sqm

92 Market Street offers a vacant and sealed site of 590sqm (approx)
Provides accommodation for additional 21 car spaces for the office building and includes remote controlled boom gate.

Site offers future development potential (STCA).

Total passing net income of $326,284 pa (excl GST)
Estimated fully leased net income of $507,084 pa (excl GST)

Property ID: 501457019Last Updated: 2 Aug 2018

realcommercial.com.au logo
83-85 Market Street
Wollongong, NSW 2500
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.