5 Parkinson Street,
Wollongong, NSW 2500
Hotel, Motel & Leisure
Key property information
Floor area
Car spaces
Parking info
Zoning
Tenure type
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Map of 5 Parkinson Street
SKY ACCOMMODATION, WOLLONGONG
Sky Accommodation is a popular and successful accommodation complex. It currently operates as a mixed use facility with 24 student rooms being utilised for student accommodation and 14 self contained studio apartments for the corporate and tourist market.
The main feautres for consideration include:
* 38 rooms including 14 self contained studios plus managers apartment
* Ideal location within short walking distance from CBD, city mall, public transport and hospital
* 10 undercover car parks with 2 street accesses
* Site area 1,114 sqm
* Zoned 3(a) Business Zone
* Communal kitchen and lounge plus undercover parking
* Currently operating under management - potential for motivated new owner operators to re-brand and re-structure this business to add value and improve profit levels
The main feautres for consideration include:
* 38 rooms including 14 self contained studios plus managers apartment
* Ideal location within short walking distance from CBD, city mall, public transport and hospital
* 10 undercover car parks with 2 street accesses
* Site area 1,114 sqm
* Zoned 3(a) Business Zone
* Communal kitchen and lounge plus undercover parking
* Currently operating under management - potential for motivated new owner operators to re-brand and re-structure this business to add value and improve profit levels
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
02 9333 33...
5 Parkinson Street
Wollongong, NSW 2500
CBRE - HotelsLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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