Commercial/Residential Investment with Redevelopment Upside!

• Zoned as B3 City Core with an approved building height of 60meters.
• Land size approximately 722sqm.
• Vacant possession available.
• Ground floor commercial building approximately 300 square meters.
• Currently operates as a restaurant/function room with seating for over 150 people.
• Features include a commercial-grade kitchen, bar facilities, and 6 off street parking spaces.
• Bonus 140sqm, five-bedroom residence on the first floor.
• Includes a 165sqm rear terrace.
• Potential for residential/commercial conversion subject to council approval (STCA).
• Rare opportunity with potential for immediate income and future development.
• Prime location in Wollongong's CBD, just 230meters from the proposed $292 million Wollongong Mall Extension Re-development.
• Central proximity: 350meters from the CBD Mall shopping precinct and 450meters from Wollongong Railway Station and both Public and Private Hospitals.

Important Numbers:
Council Rates: $963 per quarter
Water Rates: $295 per quarter

*This advertising has been prepared by MMJ Real Estate (MMJ) for the purpose of advertising and general information only. MMJ do not guarantee, represent, or warrant that the information contained in this advertising is correct. Any interested party should undertake their own inquiries as to the accuracy of the information published.