Located within walking distance from the Wollongong CBD, 47 West Street in Wollongong offers maximum convenience packaged neatly in superior single-level suburban living.
Combined with ample outdoor space on a level 721-square-metre corner block, this versatile turnkey could just as easily welcome a growing family to its forever home as it could offer a business owner the ideal workplace, according to selling agent Robert Dimovski of Dimosons Sales.
He said the E3 Productivity Support Zoning, which allows for a mix of industrial, commercial, creative, warehousing and emerging new industries, grants the property oodles of development potential.
“The majority of enquiries so far have been from people wanting to set up their own business. For them, a property of this kind on a corner block with high exposure, plenty of parking and plenty of space out back to expand is ideal,” he said.
“A floor-to-space ratio of 0.5 to 1 and a 9-metre height limit offers endless possibilities with an ideal opportunity for entrepreneurs, businesses and investors looking to capitalise on its strategic location and versatile potential.
“At the same time, this is an immaculate single-level home with three bathrooms that has plenty to offer for a young family looking for space to grow into.”
With a contemporary feel throughout, the large open-plan air-conditioned living area includes a carpeted lounge and a bonus front study, ideal for working from home.
Four bedrooms sit on either side of the living area, all featuring ceiling fans and built-in wardrobes. Three have their own modern ensuites, meaning maximum privacy for guests or teenagers.
Awash in natural light all day, the ultra-modern kitchen is the heart of the home. With gas cooking, stainless appliances and high ceilings, it offers seamless access to a stylish covered outdoor deck overlooking the huge fenced level yard with side gate access.
This yard offers plenty of space for kids to run around and can easily accommodate boats and trailers, but it also has enormous potential for epic landscaping, outdoor entertaining options or home extension and development (subject to council approval).
Completing the picture, there is a large laundry off the deck and out front, off-street parking for two vehicles.
The property offers exposure and access to both West and Auburn Streets, is central to the busy commercial precinct of Wollongong and its conveniences and is within easy walking distance of both Coniston and Wollongong train stations, priming it for a business.
At the same time, it’s within walking distance to local schools, shops, cafes and other amenities that recommend it as a residential gem.
For investors, the potential residential rent is $980 per week, and potential commercial rent is $1500 per week.
“Wollongong has plenty of capital growth potential,” Robert said. “This property, which is both close to the CBD and yet far enough away from the hustle and bustle of the city itself, has enormous appeal for homeowners, investors and businesses alike.”
The price guide for 47 West Street, Wollongong is $1.6 million. For more information call Robert Dimovski of Dimosons Sales on 0418 868 978.