Stone Commercial are proud to present a rare and substantial opportunity for a purchaser to secure an industrial or logistics land holding situated in Wollongong's industrial precinct.
Situated only 500 metres from the entrance to Australia's largest vehicle importing hub at Port Kembla, the site comprises a land area of 10,829m2* with 6,302m2* built improvements split over a detached office building, 6 warehouse bays, and a detached warehouse on Fox Avenue. Benefiting from an expansive 74* metres frontage to Tate Street and exposure to Springhill Road, one of Wollongong's main industrial roads.
The site currently offers a net return of $237,090.31* P.A. with scope to significantly increase.
Property Features:
• High exposure corner site with 74m* frontage along Tate Street and exposure to Springhill Road
• Expansive 10,829m²* of land area across 3 titles
• Situated within Wollongong's industrial precinct, this property is moments away from industrial services, public transport, major retailers and Wollongong CBD
• Zoned E4 General Industrial under Wollongong City Council LEP
• Premium industrial asset with huge growth potential
*Approx.
