Australia | Acton Park

Expressions Of Interest

2 Frederick Street, Wollongong, NSW 2500

# Location

Description

EXCELLENT COMMERCIAL OPPORTUNITY!!! 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.

View More #

Calculator

Your monthly budget # We use your income and expenses to calculate how much remains each month after you make loan repayments.

Repayments

$

Expenses

$ -

Remaining

$ -

Find out if you can afford this property

Enter your income and expenses to figure out your monthly budget/the affordability breakdown for this property.

Estimated Property Price

Listed price from 753,100 # We use your income and expenses to calculate how much remains each month after you make loan repayments.

0

Loan amount

Deposit# The Available deposit figure below shows your total deposit minus upfront costs. Please click on the link for detail.

0

Available deposit

Interest# Based on current RBA Lenders' Interest Rates. For Owner occupied properties it is 6.28% and Investment properties 6.52%.

0.0%

#Reset to default

Your details

Edit
  • $/m
  • $/m
  • years
  • Owner occupier

View calculator assumptions

Repayments and expenses exceeding income

It looks like your repayments and expenses will stretch your budget. But don't worry, a mortgage broker may be able to help.

Location

  • Contact the agency

    To request an inspection

  • # Call # Email

Lou Niceski

Agent Name

5 (14 Reviews)

# Report Listing

Looking for a property?

  • Top listings
  • Investment
  • Development
  • Personal home
  • Price reports
  • Suburb reports

Do you own a property?

  • Place a free listing
  • Services for private advertisers
  • Guide to selling your home
  • Insurance
  • Improve the photos of your listing
  • Value your property for free

Are you a real estate proffesional?

  • Publish your agencies properties
  • Already a client? Log into your account
  • Advertising on Kooie
  • Kooie data technology for property insights
  • Real Estate courses