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479-481 Crown Street, West Wollongong, NSW 2500, 7 Bedrooms, 4 Bathrooms, Unit

Price Guide $2,500,000

479-481 Crown Street, West Wollongong, NSW 2500

7
4
11
1704m2
UnitListed on Mon Nov 18
Estimated priceWollongong - Greater Region

West Wollongong 7 Bedroom RARE MIXED USE INVESTMENT OPPORTUNITY

This exceptional property portfolio offers a rare blend of residential and commercial assets on a substantial 1,704m? site, featuring multiple income streams and an array of value-add or development possibilities (STCA).

- Comprising three, two-bedroom townhouses, each with private courtyard spaces and dedicated parking, all fully leased and delivering a stable rental income.

- Two adjoining commercial cottages with a medical-style fit-out, ideally suited for a range of professional or medical uses, offered with vacant possession.

- Positioned in a prominent area near Wollongong's Public and Private Hospitals, offering excellent access to local amenities and services.

- This fully strata-titled complex is available in one line, presenting a streamlined purchase opportunity for investors or developers alike.

-This diverse asset provides flexibility to invest, partially occupy, or further develop (STCA), catering to a range of residential and mixed-use visions.

To arrange an inspection or for more information on the property, please contact the exclusive marketing agents

Cooper Reed - 0447 178 967

Travis Machan - 0447 300 800

Location

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Estimate

Council Data

Last update : 2024 11 30
Land value$1,700,000Reduced by -7% from year 2022
Land1709m²
Planning ZoneLow Density Residential
Key SitesNo
Future Residential Growth AreaNo
Active Street FrontagesNo
Urban Release AreaNo
Obstacle LimitationNo
Floor Space Ratio0.5
Lot Size449 m²
Height of Building9 m
Flood ZoneNo
Sulfate SoilsNo
BushfireNo
Landslide RiskNo
HeritageNo
State Significant Dev SitesNo

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Wollongong West Public School
0.36 km
Primary
K-6
Government
icsea: 997
Wollongong High School of the Performing Arts
2.63 km
Secondary
7-12
Government
icsea: 1060

Property history

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West Wollongong surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
29/17 Payne Street, Mangerton
0.11 km
2
1
-m2
Year 2024 Month 12 Day 04
-
Council approved
UNIT 5 483 CROWN ST, West Wollongong
0.03 km
2
2
-m2
Year 2024 Month 10 Day 30
-
Council approved
30/17 Payne Street, Mangerton
0.10 km
2
1
-m2
Year 2024 Month 10 Day 08
$500,000
Council approved
UNIT 19 17 PAYNE ST, Mangerton
0.12 km
2
1
-m2
Year 2024 Month 09 Day 05
$510,000
Council approved
15/15-17 Woodlawn Avenue, Mangerton
0.15 km
3
2
-m2
Year 2024 Month 07 Day 18
$1,000,000
Council approved

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Ref:3P16095Last update:2024-12-17 04:41:59