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Knight Frank - Sydney

90 Crown Street Wollongong, NSW 2500

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90 Crown Street,
Wollongong, NSW 2500

Offices • Shops & Retail

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Knight Frank - Sydney
Dominic Ong

Knight Frank - Sydney

Level 22 Angel Place, 123 Pitt Street
SYDNEY, NSW 2000
Knight Frank - Sydney
90 Crown Street
Wollongong, NSW 2500

Map of 90 Crown Street

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The Crown Jewel of Wollongong

  • Site Area: 3,754.7 sqm
  • NLA: 9,172.0 sqm
  • WALE: 3.68 years
Knight Frank is delighted to offer for sale, 90 Crown Street, Wollongong NSW.

90 Crown Street presents a rare opportunity to purchase a fully leased A-Grade government-anchored asset in one of Australia's strongest performing office markets.

The building comprises ground floor retail and six levels of high quality office accommodation. The building is located in the epicentre of the Wollongong CBD and is the regional headquarters for the Federal Government's Services Australia and NSW Government's Transport Department.

90 Crown Street is a fully leased A-Grade office asset featuring a diversified blue chip tenancy profile, excellent retail amenity, brand new lifts and excellent environmental credentials.

This is an iconic freehold investment opportunity not to be missed.

Property highlights include:

- Superior triple-frontage CBD location for business
- 100% leased A Grade office complex with attractive retail component (19% of the NLA)
- 79.6% of gross income secured by government tenants
- Highly specified building with a 5.0 Star NABERS Energy Rating
- 3.68 year WALE with long tenure to blue-chip covenants
- 9,172 sqm* NLA with an abundance of 160 parking spaces
- Value upside with approval in place by Wollongong City Council to increase the size of the building

Wollongong's Crown Jewel is being sold via Expressions of Interest closing on Thursday 17th of March 2022 at 4pm (AEDT).

For further information on this rare opportunity, please contact one of the exclusive selling agents.

Ben Mostyn
Ben.Mostyn@au.knightfrank.com
0477 213 9...

Dominic Ong
Dominic.Ong@au.knightfrank.com
0468 969 2...

Tyler Talbot
Tyler.Talbot@au.knightfrank.com
0401 797 804

*Approx.

Property ID: 504000343Last Updated: 19 Jul 2022

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