15-17 Denison Street, Wollongong, NSW 2500
Price: Price Guide: $3,500,000- hotel 3
- hot_tub 2
- directions_car 6
Prime Commercial/Residential Development Opportunity - First Time Offered in Over 50 Years!
87369
We are proud to present this rare and versatile property, ideally positioned in one of Wollongong's most sought-after mixed-use precincts. This dual-income site offers a unique blend of residential and commercial appeal, making it a must-have addition to any savvy investor or developer's portfolio.
Current Configuration
• 2-Bedroom Cottage - Classic single-level home with character and charm
• Established Commercial Business - Long-standing auto mechanic workshop with secure tenancy potential
• Combined Rental Return - $50,784 p.a. (approx.)
• Tenants Willing to Stay - No current lease in place, offering flexibility for buyers
Property Features
• Zoning: MV.1 Mixed Use - Residential/Commercial
• Land Size: 1,324sqm (approx.)
• Corner Block with Dual Street Frontage
• High-Rise Development Potential (STCA)
• Infrastructure Includes:
• Triple bay garage
• Triple carport
• Workshop + large office space
• Solid brick construction
• Ample off-street parking
Location Highlights
• Walking distance to shops, cafes, restaurants, pubs
• Close to public transport, Beaton Park, and Wollongong CBD
• Minutes to both Wollongong Public & Private Hospitals and the University of Wollongong
• Short drive to award-winning beaches and coastal attractions
Endless Potential - Live, Work or Develop (STCA)
Don't miss your chance to secure this blue-chip property with unmatched upside in one of the Illawarra's most dynamic corridors.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.