Commercial For Sale
141-147 Wentworth Street PORT KEMBLA NSW 2505




+14 photosFor Sale
Price Guide $2,500,000
Verified seller
Land size
1112 sq m
Description
Commanding a prime position in the heart of Port Kembla, 141-147 Wentworth Street presents a rare multi-tenanted freehold investment with triple street frontage, strong holding income, and strategic future potential.
Set on a substantial 1,112 sqm (approx.) landholding, the property comprises four secure tenancies generating $104,070.02 net per annum.
Situated within the Port Kembla Revitalisation Plan Transition Zone, the site benefits from planning provisions encouraging mixed-use and design-enhanced corner sites, alongside improved pedestrian links to the town centre and waterfront.
Port Kembla is entering a new era of transformation, supported by; the Port Kembla 2505 Revitalisation Plan (2018 - 2043); the NSW Three Ports Master Plan and significant private investment.
The recently opened IGA supermarket and surrounding redevelopment activity highlight the precinct ongoing evolution into a mixed commercial, residential, and retail hub.
Key Highlights
• Four secure tenancies returning $104,070.02 net per annum
• Triple street frontage providing outstanding visibility and access
• E1 - Local Centre Zoning
• 1,112 sqm (approx.) site with flexible building layout
\u8226? Located within the Port Kembla Revitalisation Plan Transition Zone
\u8226? Benefits from NSW Three Ports Master Plan and ongoing infrastructure upgrades
\u8226? Surrounded by new developments and the recently opened IGA supermarket
\u8226? Strategic investment in a rapidly transforming Illawarra growth corridor
Set on a substantial 1,112 sqm (approx.) landholding, the property comprises four secure tenancies generating $104,070.02 net per annum.
Situated within the Port Kembla Revitalisation Plan Transition Zone, the site benefits from planning provisions encouraging mixed-use and design-enhanced corner sites, alongside improved pedestrian links to the town centre and waterfront.
Port Kembla is entering a new era of transformation, supported by; the Port Kembla 2505 Revitalisation Plan (2018 - 2043); the NSW Three Ports Master Plan and significant private investment.
The recently opened IGA supermarket and surrounding redevelopment activity highlight the precinct ongoing evolution into a mixed commercial, residential, and retail hub.
Key Highlights
• Four secure tenancies returning $104,070.02 net per annum
• Triple street frontage providing outstanding visibility and access
• E1 - Local Centre Zoning
• 1,112 sqm (approx.) site with flexible building layout
\u8226? Located within the Port Kembla Revitalisation Plan Transition Zone
\u8226? Benefits from NSW Three Ports Master Plan and ongoing infrastructure upgrades
\u8226? Surrounded by new developments and the recently opened IGA supermarket
\u8226? Strategic investment in a rapidly transforming Illawarra growth corridor
Details
- Price
- For Sale Price Guide $2,500,000
- Listing type
- Commercial For Sale
- Property type
- Retail
- Method of sale
- For Sale
- New or established
- Established
- Land size
- 1112 sq m
Location
PORT KEMBLA, NSW 2505
Location is approximate - the map shows the general area, not the exact address.
For Sale
Price Guide $2,500,000
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LJ Hooker WollongongVerifiedVerified Tradingpost seller
Listing agents
Bill Milenkovski
Chris Tudzarov
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