Presented by Arlo Jones and Hugo Vincent of One Agency Elite Property Group.
This substantial mixed-use holding is positioned in the core of Port Kembla’s CBD, offering immediate income with long-term growth potential. Located between the Post Office and Newsagency, the property benefits from strong foot traffic, constant exposure, and a tightly held main street position.
Set on an 817 sqm parcel with dual street access, the asset is zoned E1 Local Centre, allowing for a broad range of commercial and residential uses. The configuration supports income diversification while retaining flexibility for future repositioning or redevelopment (STCA).
The ground floor comprises four street-front retail shops with wide display windows, designed to maximise visibility and tenant appeal. The upper level features six fully furnished residential units, delivering consistent residential income above established commercial tenancies.
With a projected annual rental income of approximately $220,012, this property presents a compelling yield-focused opportunity. Combined with its central location, transport connectivity, and proximity to beaches and employment hubs, the asset is well positioned for long-term demand and capital growth.
Key Features
- Projected rental income of approx. $220,012 per annum
- E1 Local Centre zoning allowing mixed-use flexibility
- 817 sqm landholding with valuable dual street access
- 4 street-front retail shops (approx. 330 sqm)
- 6 fully furnished residential units (approx. 375 sqm)
- Strong CBD position with high exposure and foot traffic
- Ample customer and tenant parking is available
- Prime central location with public transport at the doorstep
- Future development or value-add potential (STCA)
Features
- Balcony
- Courtyard
- Fully Fenced
- Shed
- Floorboards
