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
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)
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
83-85 Market Street
Wollongong, NSW 2500
MMJ Commercial - Wollongong6-8 Regent Street
WOLLONGONG, NSW 2500
WOLLONGONG, NSW 2500
Sending email...
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.