Sold business 3469318
Business NO.:
3469318
Status:
Active
Price:
$2,799,000
Updated on:
07/08/2026

Industrial Freehold – Two Workshops

Industrial/Manufacturing | Business for Sale | 106 Swan Street, Wollongong, NSW, 2500

Gross building area: 735m² comprising two warehouses/workshops

Workshop 1
Size: 273m²

Workshop 2
Size: 393m² warehouse + 69m² mezzanine

Industrial freehold opportunities of this calibre are becoming increasingly scarce within Wollongong's established infill industrial precincts. Positioned on the CBD fringe, 106 Swan Street presents a highly versatile investment, owner-occupier or value-add opportunity, offering dual workshop facilities, flexible options and significant future upside in one of the Illawarra's strongest performing industrial markets.

Investment highlights:

  • Prime CBD fringe industrial location within one of Wollongong's most tightly held industrial precincts
  • Dual workshop configuration providing flexibility and maximised use of space in a rapidly developing part of Wollongong.
  • Approximately 735m² of building area across two separate industrial improvements.
  • 809m² IN2 light industrial site with an enhanced 0.75:1 floor space ratio (FSR).
  • Located in a market experiencing record-low industrial vacancy rates and sustained rental growth.
  • Significant refurbishment and asset management opportunities to further enhance value. 106 Swan Street represents a compelling opportunity to secure a freehold industrial asset in a market where quality industrial stock is increasingly difficult to obtain.

The property currently comprises two independent workshop buildings: A solid brick workshop positioned at the front of the site with medium internal clearance; and A high-clearance metal warehouse located to the rear. Already configured as two separate industrial facilities, the improvements provide exceptional flexibility for a wide range of purchaser profiles.

In a location where suitable industrial accommodation is in critically short supply, 106 Swan Street is exceptionally well-positioned to benefit from ongoing supply constraints affecting the Wollongong industrial market. The property's IN2 Light Industrial zoning supports a broad range of industrial, warehouse and employment-generating land uses while protecting the long-term viability of industrial land within Wollongong.

The site's proximity to the Wollongong CBD also benefits from an enhanced FSR of 0735:1, providing additional development flexibility.

For more details, please email broker or call agents.


Level 3 /63 Market Street, Wollongong, NSW 2500