4/393 Crown Street, Wollongong, Nsw, 2500

Very​ ​few​ ​commercial​ ​suites​ ​in​ ​the​ ​Illawarra​ ​can​ ​claim​ ​a​ ​front-row​ ​position​ ​on​ ​the​ ​region's​ ​busiest​ ​health​ ​precinct.​ ​Sitting​ ​directly​ ​opposite​ ​Wollongong​ ​Public​ ​Hospital​ ​and​ ​close​ ​to​ ​Wollongong​ ​Private​ ​Hospital,​ ​this​ ​established​ ​suite​ ​at​ ​393​ ​Crown​ ​Street​ ​offers​ ​an​ ​exceptional​ ​opportunity​ ​for​ ​both​ ​owner-occupiers​ ​and​ ​investors.

Currently​ ​configured​ ​as​ ​a​ ​professional​ ​medical​ ​suite,​ ​the​ ​property​ ​features​ ​a​ ​reception​ ​area,​ ​two​ ​private​ ​consulting​ ​rooms​ ​with​ ​medical​ ​ducting​ ​air​ ​conditioning,​ ​staff​ ​and​ ​storage​ ​areas,​ ​a​ ​modern​ ​bathroom​ ​and​ ​allocated​ ​parking​ ​—​ ​ready​ ​to​ ​use​ ​without​ ​the​ ​expense​ ​of​ ​a​ ​new​ ​fit-out.

Importantly,​ ​the​ ​property​ ​also​ ​offers​ ​residential​ ​flexibility,​ ​with​ ​the​ ​ability​ ​to​ ​be​ ​utilised​ ​as​ ​a​ ​two-bedroom​ ​apartment,​ ​giving​ ​future​ ​owners​ ​options​ ​beyond​ ​its​ ​current​ ​medical​ ​use.

Whether​ ​you're​ ​a​ ​practitioner​ ​tired​ ​of​ ​paying​ ​rent,​ ​an​ ​investor​ ​seeking​ ​a​ ​well-positioned​ ​asset,​ ​or​ ​someone​ ​looking​ ​for​ ​a​ ​versatile​ ​property​ ​with​ ​both​ ​medical​ ​and​ ​residential​ ​potential,​ ​this​ ​is​ ​an​ ​opportunity​ ​where​ ​the​ ​address​ ​does​ ​the​ ​heavy​ ​lifting.

Set​ ​on​ ​the​ ​ground​ ​floor​ ​with​ ​a​ ​private​ ​porch​ ​entrance,​ ​the​ ​suite​ ​has​ ​been​ ​shaped​ ​by​ ​years​ ​of​ ​genuine​ ​client​ ​and​ ​patient​ ​flow.​ ​Visitors​ ​arrive​ ​into​ ​a​ ​dedicated​ ​reception​ ​and​ ​waiting​ ​area,​ ​then​ ​move​ ​through​ ​to​ ​one​ ​of​ ​two​ ​separate​ ​office​ ​spaces,​ ​ideal​ ​for​ ​consulting​ ​and​ ​examination,​ ​or​ ​for​ ​a​ ​principal​ ​and​ ​an​ ​associate.​ ​A​ ​distinct​ ​staff​ ​area​ ​keeps​ ​the​ ​team's​ ​space​ ​separate​ ​from​ ​the​ ​client​ ​experience,​ ​a​ ​separate​ ​storage​ ​room​ ​handles​ ​files,​ ​records​ ​or​ ​stock,​ ​and​ ​a​ ​bathroom​ ​completes​ ​the​ ​suite.​ ​One​ ​allocated​ ​car​ ​space​ ​adds​ ​a​ ​level​ ​of​ ​convenience​ ​that​ ​is​ ​hard​ ​to​ ​secure​ ​on​ ​this​ ​corridor.

The​ ​suite​ ​has​ ​an​ ​established​ ​history​ ​in​ ​specialist​ ​medical​ ​use​ ​as​ ​ENT​ ​consulting​ ​rooms,​ ​meaning​ ​the​ ​layout​ ​has​ ​been​ ​tested​ ​in​ ​practice​ ​and​ ​requires​ ​minimal​ ​reconfiguration​ ​for​ ​an​ ​incoming​ ​health​ ​professional.​ ​Equally,​ ​the​ ​same​ ​combination​ ​of​ ​reception,​ ​private​ ​offices,​ ​staff​ ​area​ ​and​ ​storage​ ​is​ ​exactly​ ​what​ ​an​ ​accounting,​ ​legal,​ ​broking​ ​or​ ​advisory​ ​practice​ ​needs,​ ​giving​ ​a​ ​professional​ ​services​ ​occupier​ ​a​ ​credible​ ​client-facing​ ​base​ ​near​ ​the​ ​CBD​ ​core.​ ​Zoned​ ​within​ ​Wollongong​ ​City​ ​Council's​ ​employment​ ​and​ ​mixed-use​ ​corridor​ ​under​ ​the​ ​Wollongong​ ​LEP​ ​2009,​ ​the​ ​property​ ​accommodates​ ​medical​ ​consulting​ ​rooms,​ ​health​ ​services​ ​facilities​ ​and​ ​business​ ​premises,​ ​and​ ​carries​ ​the​ ​additional​ ​flexibility​ ​of​ ​conversion​ ​to​ ​a​ ​two​ ​bedroom​ ​apartment.

For​ ​investors,​ ​the​ ​precinct​ ​is​ ​the​ ​point.​ ​Wollongong​ ​Hospital​ ​is​ ​directly​ ​opposite,​ ​with​ ​Wollongong​ ​Private​ ​Hospital,​ ​Wollongong​ ​Day​ ​Surgery,​ ​Southern​ ​Radiology​ ​and​ ​a​ ​broad​ ​network​ ​of​ ​pathology​ ​and​ ​specialist​ ​practices​ ​all​ ​in​ ​the​ ​immediate​ ​corridor,​ ​feeding​ ​a​ ​renewing​ ​pool​ ​of​ ​medical,​ ​allied​ ​health​ ​and​ ​professional​ ​occupiers.​ ​

The​ ​transport​ ​position​ ​supports​ ​every​ ​use.​ ​The​ ​Free​ ​Gong​ ​Shuttle​ ​stops​ ​along​ ​Crown​ ​Street​ ​adjacent​ ​to​ ​the​ ​hospital,​ ​connecting​ ​free​ ​of​ ​charge​ ​to​ ​the​ ​railway​ ​station,​ ​the​ ​CBD,​ ​the​ ​University​ ​of​ ​Wollongong​ ​and​ ​the​ ​coastline,​ ​with​ ​bus​ ​routes​ ​10,​ ​37,​ ​43​ ​and​ ​65​ ​also​ ​servicing​ ​the​ ​street.​ ​Wollongong​ ​Railway​ ​Station​ ​is​ ​approximately​ ​600​ ​metres​ ​east,​ ​a​ ​7​ ​-​ ​9​ ​minute​ ​walk,​ ​offering​ ​direct​ ​South​ ​Coast​ ​Line​ ​services​ ​to​ ​Sydney,​ ​and​ ​the​ ​M1​ ​Princes​ ​Motorway​ ​is​ ​close​ ​at​ ​hand.​ ​Wollongong​ ​Central​ ​with​ ​Coles,​ ​Woolworths​ ​and​ ​over​ ​150​ ​specialty​ ​stores​ ​sits​ ​roughly​ ​1Km​ ​east,​ ​and​ ​the​ ​wider​ ​city​ ​centre​ ​delivers​ ​cafés,​ ​restaurants,​ ​the​ ​Wollongong​ ​Art​ ​Gallery​ ​and​ ​IPAC.​ ​The​ ​broader​ ​Crown​ ​Street​ ​corridor​ ​is​ ​also​ ​seeing​ ​significant​ ​investment,​ ​alongside​ ​ongoing​ ​healthcare​ ​and​ ​road​ ​infrastructure​ ​upgrades​ ​across​ ​the​ ​medical​ ​precinct.

Contact​ ​Emma​ ​Luchetti​ ​or​ ​Tracey​ ​Seghabi​ ​at​ ​Stella​ ​Real​ ​Estate​ ​to​ ​arrange​ ​your​ ​inspection​ ​by​ ​appointment​ ​only.