27-37 King Street
Warrawong, NSW 2502

This commercial property offering comprises two high-profile titles located at 27 and 37 King Street, Warrawong, available for sale via Private Treaty. These assets provide investors with the unique opportunity to acquire the properties either individually or combined, offering flexibility in investment strategy.

The first title hosts a modern Guzman y Gomez outlet featuring a dual-lane drive-through, while the second title includes a newly completed Ampol service station alongside a Red Rooster drive-through. Positioned in the heart of the Warrawong retail precinct, the properties benefit from proximity to major national retailers such as Woolworths, Coles, and Aldi, enhancing their commercial appeal.

Strategically located just 10 minutes from Wollongong CBD and approximately 75 kilometres south of Sydney, the site boasts over 105 metres of combined frontage on King Street, a major arterial road servicing over 40,000 vehicles daily. This prime exposure supports strong retail visibility and accessibility.

The properties are well-positioned to capitalize on the area's significant infrastructure investments and rapid population growth, which are driving increased demand for convenience-based retail offerings.

Investment Highlights:

• 100% of income secured by national tenants, including Guzman y Gomez, Ampol, and Red Rooster, all established brands with secure long-term leases.
• Brand new construction completed recently (GYG in 2024; Ampol and Red Rooster in 2023), providing substantial depreciation benefits.
• Strong lease covenants with a long weighted average lease expiry (WALE) of 12.73 years combined, featuring guaranteed fixed annual rent increases of 2.5% or 3%. Lease expiries are July 2044 for Guzman y Gomez, and September 2035 for Ampol and Red Rooster.
• Prime arterial road exposure with over 105 metres of combined frontage to King Street, enhancing customer access and visibility.
• Strategic growth location within a major retail precinct surrounded by national retailers and within a short drive to Wollongong CBD.
• Long-term development upside with flexible E2 Commercial Centre zoning and generous 24-metre maximum building heights, offering future development potential across both titles.

Property Details (Combined):

• Site area totaling 4,202 square metres, comprising 1,469 square metres at 27 King Street and 2,733 square metres at 37 King Street.
• Building floor area totaling 1,514 square metres, with 275 square metres at 27 King Street and 1,239 square metres at 37 King Street.
• Car parking provision includes 29 on-grade spaces, split as 14 at 27 King Street and 15 at 37 King Street.
• Floor space ratio (FSR) of 2.5:1 and height of building (HOB) limit of 24 metres for both titles.
• Zoning classification is E2 Commercial Centre, supporting a range of commercial uses and future development opportunities.

All figures are in Australian dollars, exclusive of GST, and are approximate. Areas and measurements are approximate and provided by third parties; prospective purchasers should conduct their own due diligence.