167 Princes Highway
Bulli, NSW 2516

Overview

167 Princes Highway, Bulli, NSW, 2516

This significant investment property in Bulli presents an excellent opportunity for investors seeking a prominent location with strong rental returns. Situated along the busy Princes Highway, the property benefits from excellent street-level visibility and direct access, making it ideal for commercial and residential use.

The property is set on a spacious 607 square meter parcel of land and is zoned R2 Low Density Residential, allowing for a mix of residential and commercial uses. The site includes approximately 90 square meters of prime shopfront space, providing a valuable commercial component.

In addition to the commercial space, the property features two residential flats: one with three bedrooms and another with one bedroom. Both flats are fully tenanted, contributing to an annual rental income exceeding $101,000, making this an attractive investment with immediate cash flow.

On-site parking is available with five open car spaces, enhancing the property's appeal for tenants and customers alike. The location is highly convenient, positioned in the Central Bulli CBD business precinct, close to beaches, schools, shops, and cafes. It is just 15 minutes north of Wollongong, including Wollongong CBD and Wollongong University, and approximately one hour from Sydney CBD and the airport.

This property is well-suited for investors looking to capitalize on a mixed-use asset in a thriving regional area with strong rental demand and excellent accessibility. The combination of commercial shopfront, multiple residential flats, and ample parking provides diverse income streams and potential for future growth.

Contact the listing agents to arrange a private inspection and explore the investment potential of this prominent Bulli property.

Location