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  • Sold
Mortgagee in possession - DA approved, must be sold - #1
Mortgagee in possession - DA approved, must be sold - #2
Mortgagee in possession - DA approved, must be sold - #3
Mortgagee in possession - DA approved, must be sold - #4
Mortgagee in possession - DA approved, must be sold - #5
Mortgagee in possession - DA approved, must be sold - #6
Mortgagee in possession - DA approved, must be sold - #7
Mortgagee in possession - DA approved, must be sold - #8
Mortgagee in possession - DA approved, must be sold - #9
Mortgagee in possession - DA approved, must be sold - #10
Mortgagee in possession - DA approved, must be sold - #11
This prominent, large scale development site located close to the heart of the Wollongong CBD and right on Wollongong Railway Station is a rare development opportunity and highly sought after.

Like other regional areas, Wollongong's property market has surged ahead despite the recent pandemic, with our region setting a new trend as housing values rise at more than twice the pace of the capital cities.

As more people leave Sydney and head to our region, the Wollongong apartment market is set to rise further.

The successful purchaser is primed to take advantage of this internal migration and upward trend, to maximise the return of their development.

The site currently has development approval for 86 residential apartments and 2 commercial premises.

• Mortgagee in possession - must be sold
• Development approval for 86 residential apartments and 2 commercial premises
• The mortgagee is not in possession of reports and planning approvals, they are available direct from the consultants but will need to be paid for in addition to purchase price
• Site area 2,808m2*
• Zoned B4 mixed use under the Wollongong City Council LEP
• Height limit of 32 metres
• Site sits within the bonus city centre FSR boundary

*Approx.
  • 16/12/2022
  • Contact our experts for details on this transaction