2 Frederick Street, Wollongong NSW 2500

AUD 850,000
For Sale

Property Details

Property Type

Vacant Land

Description

Property Details: • Type: Vacant Land

• Bedrooms: 0 • Bathrooms: 0

Description: Elders Real Estate Wollongong are proud to offer this excellent commercial opportunity. This rare DA approved development site is being offered for sale. - DA Approved 67 room boarding house - Zoning: R1 - Total land size approx. 1062 Sqm ( Approx.) ADDITIONAL BENEFITS: - Efficient design layout with basement parking - Would suit affordable housing, medical and or student accommodation as well as other multiple private accommodation operators. - Due to recent changes in zoning regulations, further development boarding house opportunities of this size may never be approved again. - Potential opportunity to work with the DA to suit current market trends (STCA). The subject site offers an easy building schedule. Capitalize on the CBD Rail and Bus infrastructure along with the medical and Wollongong University academic precinct. The site currently has a well maintained 3-bedroom brick residence returning $720 per week. Located in Central CBD, only metres to railway station, free bus route, both Public and Private Hospitals, Wollongong University and CBD Mall shopping Precinct, Sydney CBD, and airport only 1 hour away This property definitely is a must see! Call today and schedule your private inspection.

Location

Address

2 Frederick Street, Wollongong NSW 2500

City

Wollongong

Features and Finishes

None

Legal Notice

This website uses cookies to ensure you get the best experience. Learn more