Your partners
in property
For Sale Prime Office Suite in Wollongong CBD, A Rare Investment Opportunity
9/328 Crown Street, Wollongong
Knight Frank is delighted to exclusively present Unit 9, 328 Crown Street, Wollongong for sale via Private Treaty. Seize this exceptional opportunity to enhance your commercial portfolio with a professional office suite that caters to both investors and owner occupiers. Nestled in the heart of Wollongong’s vibrant CBD, this property radiates charm and character. It boasts a well-organized layout, abundant natural light, and convenient kitchen facilities.
*Approximately
Financial Summary
Key Features
Net Income Council Rates Water Rates Strata Fee’s
$28,491.05 plus GST p.a
$2,972 p.a $676 p.a $9,180 p.a
Building area
Parking
Amenities
Zoning
73 sqm of impressive net lettable area.
Two secure parking spaces
Kitchen facilities with air conditioning
Secure lease to 31/01/2026 with two-year option
Industry sector analysis
The five largest local employing sectors within Wollongong LGA were: 1. Health Care and Social Assistance: 20,628 jobs (20.1%) 2. Construction: 10,753 (10.5%) 3. Education and Training: 10,693 (10.4%) 4. Retail Trade: 8,237 (8%) 5. Manufacturing: 7,464 (7.3%)
The sectors with the largest job gains since 2017-18 (last five years) were: 1. Health Care and Social Assistance: +4,430 2. Construction: +3,049 3. Public Administration and Safety: +951 4. Professional, Scientific and Technical Services: +897 5. Wholesale Trade: +536
Construction has outperformed over the last five years shown in the above figures from the Wollongong City Council Economic Insights Report from July 2024, demonstrating a continued growth story for the region in this sector. Rider Levett Bucknall (RLB) releases a report on the number of cranes across cities in Australia every six months. Counting cranes on a city skyline is a simple way to understand the health of the construction industry. The below figure shows the number of cranes in the Wollongong LGA since joining in Quarter 3 2019.
20 18 16 14 12 10
18
16
15
15
13 12
12 12 12
11
8 6 4 2 0
Location Highlights
• Situated moments from key development sites both imminent and under construction
• Located within Wollongong’s core business and entertainment precincts
Q3 2022
Q1 2024
Q1 2020
Q3 2019
Q3 2020
Q1 2021
Q3 2021
Q1 2022
Q1 2023
Q3 2023
Exclusive agent Ben Mostyn M 0477 213 947 Ben.Mostyn@au.knightfrank.com
*Approximately IMPORTANT NOTICE: The information in this brochure has been provided to Knight Frank by the vendor and accordingly Knight Frank cannot guarantee its accuracy. Knight Frank has not undertaken an independent review of this information and prospective purchasers should make their own enquiries to satisfy themselves as to its accuracy. Although high standards have been used in the preparation of this brochure, no legal responsibility can be accepted by Knight Frank for any loss or damage resulting from the contents of this brochure or the use of this information. Any photographs show only certain parts of the property as it appeared at the time they were taken. Areas, amounts, measurements, distances and all other numerical information is approximate only. This brochure is provided for general information purposes only.
IMPORTANT NOTICE: The information in this brochure has been provided to Knight Frank by the vendor and accordingly Knight Frank cannot guarantee its accuracy. Knight Frank has not undertaken an independent review of this information and prospective purchasers should make their own enquiries to satisfy themselves as to its accuracy. Although high standards have been used in the preparation of this brochure, no legal responsibility can be accepted by Knight Frank for any loss or damage resulting from the contents of this brochure or the use of this information. Any photographs show only certain parts of the property as it appeared at the time they were taken. Areas, amounts, measurements, distances and all other numerical information is approximate only. This brochure is provided for general information purposes only.
Page 1 Page 2-3Made with FlippingBook interactive PDF creator