Positioned in the heart of Port Kembla’s vibrant Wentworth Street precinct, this substantial mixed-use property presents an outstanding opportunity to secure a versatile investment comprising an established ground-floor commercial tenancy and two self-contained, two-bedroom residential apartments above. Occupying a prominent 519m² corner block with only one adjoining neighbour, the property enjoys elevated ocean views from the upper level, two residential parking spaces and a combined rental income of $77,220 per annum, offering an attractive combination of immediate returns and long-term potential in a sought-after coastal location.

112-114 Wentworth Street Port Kembla NSW 2505
Port Kembla Property | Dimosons Real Estate

To download the Contract of Sale or Make an Offer please visit Dimosons Real Estate!

www.dimosons.com.au

PROPERTY HIGHLIGHTS
| Prominent 519m² corner block in the heart of Port Kembla’s revitalised Wentworth Street precinct
| Mixed use building comprising one ground floor commercial tenancy and two residential apartments above
| Combined rental income of $77,220 per annum, with commercial rent exclusive of GST
| Established commercial tenancy occupied by Black Metal Motor Co, a local cocktail bar
| Two self contained, two bedroom residential apartments providing additional rental income
| Elevated ocean views from the upper level, capturing the surrounding coastline
| Corner position with only one adjoining neighbour
| Two dedicated single car parking spaces at the rear for the residential apartments
| Character-filled building offering a combination of commercial and residential accommodation
| Excellent opportunity for investors seeking multiple income streams within a single property
| Prime position surrounded by local cafés, restaurants, businesses and the growing Port Kembla hospitality scene

RESIDENTIAL UNITS
| Combined residential rental income of $46,800 per annum
| Two self contained, two bedroom apartments positioned on the upper level
| Unit 1 generating $26,000 per annum in rental income
| Unit 2 generating $20,800 per annum in rental income
| Unit 1 featuring an updated interior with a spacious kitchen, generous cabinetry and modern appliances
| Comfortable open plan living and dining area with timber look flooring and air conditioning in Unit 1
| Two well proportioned bedrooms in Unit 1
| Updated bathroom with shower and contemporary fittings in Unit 1
| Unit 2 offering a more traditional interior with scope for future improvements
| Elevated outlook from the upper level with views towards the ocean
| Two dedicated single-car parking spaces at the rear of the property
| Excellent opportunity to benefit from two established residential income streams

COMMERCIAL SPACE
| Current rental income: $30,420 per annum excluding GST
| Commercial tenant responsible for electricity
| Ground floor commercial tenancy occupied by Black Metal Motor Co
| Established cocktail bar operating within Port Kembla’s hospitality precinct
| Prominent street presence within the Wentworth Street commercial strip
| Generous internal commercial space
| Outdoor courtyard providing additional space for patrons
| Character filled exterior complemented by vibrant street art
| Positioned amongst an evolving mix of local businesses, cafés, restaurants and entertainment venues
| Attractive commercial investment with an existing tenant providing immediate rental income

GREAT LOCATION CLOSE TO
| Port Kembla IGA – 40m
| St Patrick’s Catholic Primary School – 500m
| Port Kembla Train Station – 950m
| Port Kembla Ocean Pool – 1.4km
| Port Kembla Public School – 1.6km
| Warrawong Plaza Shopping Centre – 1.9km
| Wollongong CBD – 9.3km

PROPERTY HANDY FACTS
| 519m² corner block
| Commercial rental income: $30,420 p.a. excl. GST
| Residential Unit 1 rental income: $26,000 p.a.
| Residential Unit 2 rental income: $20,800 p.a.
| Combined rental income: $77,220 p.a. excl. commercial GST
| Council rates: $4,902.71 p.a.
| Insurance: Approximately $4,500 p.a.
| Water: Approximately $3,600 p.a.

Contact Dimosons Real Estate on 4258 0088 today!

The information contained in this listing, including but not limited to property descriptions, prices, and addresses, has been provided to Dimosons Real Estate by third-party sources.

While we make every effort to ensure its accuracy, we cannot guarantee the information’s reliability. It’s strongly recommended that prospective buyers conduct their own due diligence and seek independent professional advice before making any property-related decisions.

Dimosons Real Estate disclaims any liability for inaccuracies or omissions in the information provided.

To download the Contract of Sale or Make an Offer please visit Dimosons Real Estate!

www.dimosons.com.au

112-114 Wentworth Street Port Kembla NSW 2505
Port Kembla Property | Dimosons Real Estate