37 & 39 Kembla Street,
Wollongong, NSW 2500
Development Sites & Land • Hotel, Motel & Leisure
Key property information
Land area
Floor area
Car spaces
Tenure type
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MMJ Commercial - Wollongong
G01/16-20 Belmore 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
Wollongong, 2500 demographic data
The median household income for Wollongong is $1,549, 8% higher than Regional New South Wales's household income of $1,434. Wollongong has a younger age profile compared to the rest of Regional New South Wales (median age 35 vs 43). Property ownership data shows 40% of property owners in Wollongong have a mortgage.
20,446
Population
$1,549 per week
Median household income
35 years
Median age
Renters
Most residents
Families
Most households
MMJ Commercial - WollongongG01/16-20 Belmore Street
WOLLONGONG, NSW 2500
WOLLONGONG, NSW 2500
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