Presenting a rare opportunity to own two adjoining sites located in an elevated position, with immense scope for future renovation or development.

The 1284sqm parcel of land is located in a prime position just metres to Wollongong Hospital, transport and a short walk to the CBD – perfect for multiple development opportunities.

Set over two blocks with separate titles, the two current dwellings are three bedroom homes with a solid rental history.

The site falls within the Wollongong Core, zoning B3 Commercial, allowing for a mixture of commercial (medical related) or residential development (subject to Council approval).

- Total land area of 1284sqm (approx)
- Existing improvements leased separately for residential occupation. Current return $35,880 pa.
- SP1 (Medical) Special Activities Zoning
- Potential to develop commercial (medico) project within future medical precinct.

To discuss the potential of this site or to arrange an inspection of your new home, please call Robert Dimovski on 0418 868 978.