Your email has been sent.
41 Bourke St 968 SF Retail Condo Unit Offered at $656,830 in North Wollongong, NSW 2500
Investment Highlights
- Approx. 90 sqm boutique retail space
- Brand-new long-term lease in place
- Located near Wollongong’s North Beach
- Fully leased to convenience store tenant
- High exposure on elevated street frontage
Executive Summary
The property is a boutique retail space located on Bourke Street in North Wollongong, a highly visible and prominent position near the city’s iconic North Beach. Permanent features include its elevated street frontage, strong exposure to both pedestrian and vehicle traffic, and proximity to a dense residential catchment. The property is part of a well-established retail strip and benefits from consistent occupancy history, making it a secure and desirable investment location.
Property Facts
| Total Building Size | 18,579 SF | Floors | 3 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 6,193 SF |
| Property Subtype | Apartment | Lot Size | 0.25 AC |
| Building Class | C |
| Total Building Size | 18,579 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 3 |
| Typical Floor Size | 6,193 SF |
| Lot Size | 0.25 AC |
1 Unit Available
| Unit Size | 968 SF | Condo Use | Retail |
| Price | $656,830 | Sale Type | Investment |
| Price Per SF | $678.54 |
| Unit Size | 968 SF |
| Price | $656,830 |
| Price Per SF | $678.54 |
| Condo Use | Retail |
| Sale Type | Investment |
Description
This property offers a rare opportunity to acquire a fully leased retail investment in one of Wollongong’s most sought-after coastal precincts. Positioned on Bourke Street, the property enjoys high visibility and strong foot traffic, supported by a vibrant residential community and proximity to North Wollongong Beach.
The retail space comprises approximately 90 sqm of internal area and is currently occupied by a convenience store under a brand-new, long-term lease. The tenancy benefits from an efficient layout suitable for retail operations and enjoys excellent exposure from its elevated street position.
Sale Notes
Offered for sale at a price guide of $950,000, this property represents an exceptional investment opportunity in a tightly held coastal market. The asset is fully leased to a convenience store under a new long-term agreement, providing secure income and minimal management requirements.
Located in a premier position on Bourke Street, the property benefits from strong exposure, a consistent occupancy history, and a thriving residential catchment. Its proximity to Wollongong’s North Beach and surrounding lifestyle amenities ensures sustained demand for retail services in the area.
With its combination of location, secure tenancy, and long-term growth potential, this property is ideal for investors seeking a stable, income-producing asset in a high-demand coastal market.
Presented by
41 Bourke St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.