For Sale

415 & 416/19 Market Street, Wollongong, NSW 2500

Price Guide $600,000 - $650,000

Apartment

Type

Bedrooms

Bathrooms

Parkings

Last updated on Friday, April 24, 2026 ( See property details for 415 & 416/19 Market Street, Wollongong, NSW 2500)

Price Guide $600,000 - $650,000

Alisa Sturluson Sales Agent

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Sophie Allen Sales Associate

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare dual-key investment opportunity in Wollongong CBD featuring two secure, managed apartments with premium amenities and strong income potential.

🏡 Property Highlights

Dual adjoining apartments within a managed hotel complex offering a seamless investment opportunity.
Secure lease to Adina Hotels until mid 2028 ensuring consistent income.
Prime CBD location with easy access to Wollongong Harbour, cafes, and transport.
Full access to complex amenities including pool, spa, sauna, and gym.
Strong occupancy history supporting reliable returns.
Low maintenance investment with established hotel management.

✨ Key Features

Balcony
Dishwasher
Open-Plan Living
Ensuite
Outdoor Area
Built-in Robes
Swimming Pool
Gym
Spa
Sauna

Suburb and Property Insights of Wollongong, NSW 2500

Wollongong CBD offers a vibrant lifestyle with easy access to the Harbour, Blue Mile, cafes, restaurants, and entertainment venues. The area boasts excellent transport links, including a train station and free city bus services. Residents enjoy proximity to recreational spots like Lang Park and North Beach, making it an ideal location for both living and investment. The local amenities, shopping, and cultural attractions ensure a dynamic and convenient urban environment.

Frequently Asked Questions

What are the current lease terms and rental income for these apartments?

The apartments are leased to Adina Hotels until mid 2028, providing a reliable income stream with an estimated net return of up to 7%.

What amenities are available to residents within the complex?

Residents have full access to amenities including a pool, spa, sauna, and gym, enhancing the lifestyle appeal of the property.

Is the property suitable for long-term investment?

Yes, the property offers a strong occupancy history, established hotel management, and a prime CBD location, making it an excellent long-term investment.

Are there any restrictions or additional costs associated with the hotel lease?

The lease is secured with Adina Hotels until mid 2028, with ongoing management fees included in the strata costs; further details can be obtained from the managing agent.

What to ask about this property to agent?

Are there any upcoming planned developments or zoning changes in the Wollongong CBD that could affect the property’s value or usage? What are the total ongoing costs, including strata, council, water, and management fees, and are there any special levies? Are there any restrictions or covenants related to the dual-key configuration or hotel lease? Has the property been recently renovated or inspected for structural issues? Are there any known issues with noise, neighbours, or local infrastructure that could impact living or rental conditions? What is the process for ending or renewing the hotel lease after mid 2028? Are there any easements, rights of way, or other legal encumbrances affecting the property? Is the property compliant with all local building and safety regulations? Are there any planned or ongoing construction projects nearby that could impact the property’s value or appeal? What are the terms and conditions of the hotel management agreement, and are there any penalties for early termination?

415 & 416/19 Market Street, Wollongong, NSW 2500 - More Details

Price Guide $600,000 - $650,000

Positioned in the heart of Wollongong CBD, this unique offering comprises two adjoining one bedroom apartments within the Adina Hotels managed complex, delivering a seamless dual income stream.

Combining strong yield with premium management, the apartments are secured by a lease to Adina Hotels through to mid 2028, offering a true ‘set and forget’ investment with a consistent income stream and an estimated net return of up to 7%.

-Two adjoining serviced apartments sit in a premium CBD location.
-Low maintenance investment benefits from established hotel management.
-Lot 415 comprises a one bedroom apartment featuring a spacious balcony and modern kitchen with dishwasher.
-Lot 416 provides a studio apartment with a kitchenette and balcony.
-Full access is available to complex amenities including a pool, spa, sauna, and gym.
-Strong occupancy history supports reliable ongoing returns.
-Prime positioning allows for an easy walking distance to Wollongong Harbour, Blue Mile, Lang Park, cafes, and restaurants, plus free city bus access.
-Close proximity connects you to WIN Stadium, IPAC, Wollongong Central, Wollongong Golf Club, North Beach, the train station, hospital, and supermarkets.

This represents a rare opportunity to secure a dual key style investment in one of Wollongong's most convenient and consistently in demand locations.

Lot 415 Water $12pq* | Council $237pq* | Strata $966pq*
Lot 416 Water $11pq* | Council $236pq* | Strata $831pq*
All figures are approximate *

Disclaimer: Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the information provided, and as such, McGrath Wollongong makes no statement, representation or warranty, and assumes no legal liability

Type: Apartment
Bedrooms: 2
Bathrooms: 2
Parkings: 1

Map & nearby places — 415 & 416/19 Market Street, Wollongong, NSW 2500

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Alisa Sturluson

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415 & 416/19 Market Street, Wollongong, NSW 2500

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