Share Property
161-163 Wentworth Street
Port Kembla NSW 2505
161-163 Wentworth Street
Port Kembla NSW 2505
161-163 Wentworth Street, Port Kembla NSW 2505
•
Property was sold on 16 August 2019.
Sold on 16 August 2019.
•
•
This property is nestled close to the sandy shores, offering an idyllic beach lifestyle.
Positioned on Port Kembla's iconic Wentworth Street is this rare commercial and residential property offering multiple accommodation under its B2 Local Centre zoning. Two commercial spaces, located on the ground floor, are leased to reliable tenants. Located on the top floor are two residential apartments, currently vacant, providing the option to use them for your own residence or rent out for additional income. Rear lane access services the double garage and backyard, while the large courtyard and garden space is enjoyed by all occupants of the building. Port Kembla is considered to be a future hotspot of the Illawarra. With one of New South Wales' award-winning beaches only moments' drive, retail shops and cafés bringing locals into the area, and various development approvals set to bring new life and property into the community, the opportunity to achieve growth and many years of returns is extremely promising. Comprises: • Two leased commercial shops (Shop 1 - 76m2; Shop 2 - 76m2) • Two recently vacated and very leasable two-bedroom units with ocean views • Current passing rent: $30,160 per annum gross + GST (commercial spaces) • Estimated rent when fully leased: $68,640 per annum gross + GST • Elevated 556m2 block of land • Zoned B2 Local Centre.
Positioned on Port Kembla's iconic Wentworth Street is this rare commercial and residential property offering multiple accommodation under its B2 Local Centre zoning. Two commercial spaces, located on the ground floor, are leased to reliable tenants. Located on the top floor are two residential apartments, currently vacant, providing the option to use them for your own residence or rent out for additional income. Rear lane access services the double garage and backyard, while the large courtyard and garden space is enjoyed by all occupants of the building. Port Kembla is considered to be a future hotspot of the Illawarra. With one of New South Wales' award-winning beaches only moments' drive, retail shops and cafés bringing locals into the area, and various development approvals set to bring new life and property into the community, the opportunity to achieve growth and many years of returns is extremely promising. Comprises: • Two leased commercial shops (Shop 1 - 76m2; Shop 2 - 76m2) • Two recently vacated and very leasable two-bedroom units with ocean views • Current passing rent: $30,160 per annum gross + GST (commercial spaces) • Estimated rent when fully leased: $68,640 per annum gross + GST • Elevated 556m2 block of land • Zoned B2 Local Centre.
Contact MMJ Real Estate Wollongong
Property Address: 161-163 Wentworth Street, Port Kembla NSW 2505
By submitting your message, you agree to our Privacy Policy.