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Report ListingLou Niceski
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Australia | Adamstown
2 Frederick Street, Wollongong, NSW 2500
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.
Secure Parking:
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Dishwasher:
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Broadband:
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Ducted Heating:
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Ducted Cooling:
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Split system Heating:
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Hydronic Heating:
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Split system Air con:
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Gas Heating:
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Reverse Cycle Air con:
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Evaporative Cooling:
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Air Conditioning:
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Alarm System:
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vacuumSystem:
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Intercom:
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Pool In Ground:
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Pool Above Ground:
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Tennis Court:
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Balcony:
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Deck:
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Court yard:
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Outdoor Ent:
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Shed:
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Open FirePlace:
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Hot Water Service:
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Inside Spa:
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Outside Spa:
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Furnished:
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Study:
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Built in Robes:
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Gym:
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Workshop:
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Rumpus Room:
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Floor boards:
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PayTV:
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Fully Fenced:
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entertaining area:
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Vacuum System:
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Ducted Vacuum System:
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Swimming Pool In ground:
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Energy Efficiency Rating: Low (0):
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Energy Efficiency Rating: Med (6.0):
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Energy Efficiency Rating: High (8.0):
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Energy Efficiency Rating: Med (5.0):
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Energy Efficiency Rating: Med (5.5):
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Energy Efficiency Rating: High (10.0):
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Energy Efficiency Rating: Low (0.5):
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Energy Efficiency Rating: Low (2.5):
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Energy Efficiency Rating: High (8.5):
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Energy Efficiency Rating: Med (7.0):
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Energy Efficiency Rating: Low (1.5):
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Energy Efficiency Rating: Low (3.5):
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Energy Efficiency Rating: Med (4.0):
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Energy Efficiency Rating: Low (3.0):
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Energy Efficiency Rating: Low (2.0):
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Energy Efficiency Rating: Med (7.5):
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Energy Efficiency Rating: Med (6.5):
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Your monthly budget 
We use your income and expenses to calculate how much remains each month after you make loan repayments.
Repayments
Expenses
Remaining
Listed price from 753,100 We use your income and expenses to calculate how much remains each month after you make loan repayments.
Deposit
The Available deposit figure below shows your total deposit minus upfront costs. Please click on the link for detail.
Interest
Based on current RBA Lenders' Interest Rates. For Owner occupied properties it is 6.28% and Investment properties 6.52%.
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