5 Princes Hwy 7,513 SF Industrial Building Fairy Meadow, NSW 2519 $2,894,800 ($385.29/SF)

This fully tenanted industrial property offers an exceptional investment opportunity in the vibrant Wollongong region. The site spans over 3,280 sqm and includes versatile improvements comprising showroom, warehouse areas, substantial hardstand, and multiple storage options. Dual street frontage, including access via Balgownie Road, ensures excellent maneuverability for trucks and delivery vehicles, positioning the asset as a practical solution for logistics and distribution operations.
Tenanted by Amber Tiles, a national operator, the property currently generates $137,936.59 plus GST gross annually, providing secure income with upside potential given its below-market rent arrangement. Off-street parking for up to 10 vehicles adds further convenience, while the property's redevelopment potential—suitable for up to 1,600 sqm retail/warehouse space STCA—presents a significant long-term value proposition.
The location along Princes Highway delivers strong exposure and connectivity, with proximity to Wollongong CBD, major arterial routes, and the surrounding Illawarra region. Being just under a kilometer from Fairy Meadow Station enhances accessibility for staff and customers alike.