37 & 39 Kembla Street,
Wollongong, NSW 2500
Development Sites & Land • Hotel, Motel & Leisure
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MMJ Commercial - Wollongong
6-8 Regent StreetWOLLONGONG, NSW 2500
37 & 39 Kembla Street
Wollongong, NSW 2500
Map of 37 & 39 Kembla Street
Adjoining, Approved Inner-City Boarding Houses!
Situated in the heart of Wollongong City, are these two fully approved boarding houses boasting a combined total of 39 rooms. The property benefits from a sensational rental return and has a total land area of 1,352sqm which provides untapped future development potential. An abundance of lifestyle conveniences can be enjoyed from a near "walk everywhere" address that would undoubtedly appeal to an astute purchaser. Develop, re-design or improve… the options are endless!
A full Information Memorandum is available by request.
Key Features
- Predominantly level and well positioned 1,350sqm site on two separate titles
- Zoned R1 General Residential with a Floor Space Ratio of 1.5 to 1
- Generous 24 metre height limit
- Excellent development potential (STCA)
- Two operating boarding houses with a total of 39 individual rooms
- Excellent passing rental of $275,000 per annum gross
- Level 680 metre* walk to Wollongong Harbour
- Easy 450 metre* walk to major shopping centre
A full Information Memorandum is available by request.
Key Features
- Predominantly level and well positioned 1,350sqm site on two separate titles
- Zoned R1 General Residential with a Floor Space Ratio of 1.5 to 1
- Generous 24 metre height limit
- Excellent development potential (STCA)
- Two operating boarding houses with a total of 39 individual rooms
- Excellent passing rental of $275,000 per annum gross
- Level 680 metre* walk to Wollongong Harbour
- Easy 450 metre* walk to major shopping centre
Property ID: 502772882Last Updated: 23 Sep 2021
MMJ Commercial - Wollongong6-8 Regent Street
WOLLONGONG, NSW 2500
WOLLONGONG, NSW 2500
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