34 Loftus Street

SP1 Zoned Medical Site with Holding Income Elders Real Estate Wollongong is proud present this unique investment and development opportunity, ideally positioned within the sought-after Wollongong medical precinct. The property currently comprises an older-style block of 3 fully leased flats, providing a strong rental return while you plan for future development. With zoning specifically earmarked for Hospital and Medical Research & Development, this site offers immense potential to capitalise on Wollongong's growing healthcare and research precinct. Property Features - Zoned SP1 - Special Activities (Hospital and Medical Research and Development) - Set on approx. 696m2 block - 2 x 2 bedrooms - 1 x 1 bedroom - Lockup garages at rear - Fully leased with annual return of $48,880 Conveniently located within the medical precinct and within walking distance to both Wollongong Public and Private Hospitals and minutes away from Wollongong Railway station. An easy stroll to Wollongong CBD mall shopping precinct, Wollongong Tafe and Wollongong University, BONUS direct access to the free shuttle bus, M1 Motor way, Private schools, shops, restaurants & cafes, and famous Coastal Beaches Sydney CBD, and airport only 1 hour away. This property definitely is a must see! Call today and schedule your private inspection.