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INFORMATION MEMORANDUM

34-36 WENTWORTH STREET, PORT KEMBLA

Introduction. .................................................................................................03 Key Highlights. ........................................................................................... 04 Executive Summary.................................................................................06 The Opportunity........................................................................................ 08 The Location.................................................................................................... 11 Location Map................................................................................................. 12 Lot Particulars...............................................................................................14 Building Particulars ..................................................................................16 Tenancy Schedule.......................................................................................16 Annual Statutory Outgoings...............................................................19 Floor Plan.........................................................................................................20 Deposited Plan............................................................................................ 22 Zoning Summary.......................................................................................24 Method of Sale............................................................................................. 27

Introduction. MMJ Real Estate, as exclusive selling agents is pleased to present 34-36 Wentworth Street, Port Kembla to the market; The property is for sale via private treaty at $1,495,000 (No GST, sale to be treated as a going concern).

MICHAEL FARINA

Department Manager, Commercial Sales MMJ Real Estate Wollongong M: 0421 522 713 E: michael.farina@mmj.com.au

TAHLIA PENNIMPEDE

Commercial Sales Executive & Coordinator MMJ Real Estate Wollongong M: 0421 458 748 E: tahlia.pennimpede@mmj.com.au

34-36 WENTWORTH STREET, PORT KEMBLA

Key Highlights.

MIXED-USE INVESTMENT OPPORTUNITY Comprising two commercial tenancies on the ground floor with two residential units above.

DIVERSIFIED ASSET WITH MULTIPLE STREAMS OF INCOME

The property generates a total passing income of $90,603.94 p.a. gross + GST.

04 PART OF PORT KEMBLA’S TRANSFORMATION

Forming part of Port Kembla’s revitalisation plan.

PROMINENT MAIN STREET LOCATION

Fronting Wentworth Street in the heart of Port Kembla with rear lane access via Military Lane.

Executive Summary. 34-36 Wentworth Street, Port Kembla Legal Description

Lot 16 DP5868 SEC 1

Land Area

519m²

Gross Lettable Area

414m²

Income

$90,603.94 p.a. gross + GST

Zoning

E1 Local Centre

Local Government Area

Wollongong City Council

Local Environment Plan

Wollongong Local Environment Plan 2009

*All figures are approximate.

34-36 WENTWORTH STREET, PORT KEMBLA

The Opportunity. 34-36 Wentworth Street, Port Kembla presents an exciting opportunity to acquire a mixed-use asset prominently positioned on Wentworth Street in Port Kembla’s thriving town centre. Comprising two ground floor shopfronts with two residential units above, the property offers a diverse tenancy profile with multiple income streams. The property is anchored by the larger shop of the two on the ground floor, leased to King of the Pack, a specialist tobacconist retail franchise group specialising in tobacco products and gifts. The smaller commercial shop (currently vacant and actively being marketed for lease) offers a modern and versatile fit out suitable for a variety of uses. Above the two commercial shops are two recently renovated residential units. Unit 1 is a 3-bedder and Unit 2 is a 2-bedder, and both of them are generously sized and currently leased under standard fixed term (1 year) agreements. Set on 519m2 of land area, the site benefits from dual street frontage, with rear lane access via Military Lane to the on-site parking area. Offering a blend of commercial and residential all in one asset, this is the perfect opportunity to diversify your investment portfolio.

A mixed-use asset with increased income potential.

09 *Approx boundary only

*Approx boundary only

The Location. The property is strategically located on Wentworth Street within Port Kembla’s increasingly trendy and vibrant town centre, an evolving commercial precinct that has undergone a noticeable transformation in recent years as part of the broader revitalisation of the suburb. The town centre is supported by an established residential population and benefits f rom its proximity to major employment generators, including BlueScope, Port Kembla Port and the broader industrial precinct. Port Kembla also benefits from a strategic position between Wollongong CBD and the southern Illawarra, with convenient access to the Princes Motorway and surrounding arterial road network. Wentworth Street offers a diverse mix of local businesses, including popular restaurants and cafes, retail shops, supermarkets, professional services and boutique fitness operators such as Pilates studios. The growing mix of businesses and increased activation throughout the precinct has contributed to a renewed sense of vibrancy and appeal.

Located in the heart of Port Kembla’s thriving town centre.

Location Map. 2 1

Subject Property

Port Kembla Port

Blue Scope Steel Works

Fishermans Beach

Hill 60 Lookout

IGA Port Kembla

Coomaditchy Lagoon Reserve

Warrawong Plaza

13 4

34-36 WENTWORTH STREET, PORT KEMBLA

Lot Particulars. 34-36 Wentworth Street, Port Kembla Title

Lot 16 DP5868 SEC 1

Land Size

519m²

Dimensions

12.19m/42.67m

Zoning

E1 Local Centre

FSR

1.5:1

Height Limit

12m

*All figures are approximate.

17 *Approx boundary only

34-36 WENTWORTH STREET, PORT KEMBLA

Building Particulars & Tenancy Schedule. Shop 1

Shop 2

Unit 1

Unit 2

Vacant

King of the Pack

Residential

Lease Term

5 years

1 year

Monthly

Expiry

17/03/2027

4/02/2026

Option

5 years

Increases p.a.

CPI

Rent p.a.

$32,623.94

$29,380

$28,600

Tenant

Total Gross Rent p.a. $90,603.94 + GST Adopted Gross Rent p.a. $115,603.94 + GST

Tenacy

Floor Area

Shop 1

152m²

Shop 2

37m²

Unit 1

100m²

Unit 2

85m²

*All figures are approximate.

19 *Approx boundary only

*Approx boundary only

Annual Statutory Outgoings. 34-36 Wentworth Street, Port Kembla Council Rates

$6,391.55

Water Rates

$4,640.00

Land Tax

Nil on a single land holding basis (rateable land value of $684,000)

Total

$11,031.55

King Of The Pack is responsible for 35% of the abovementioned outgoings and 100% of outgoings directly attributable to their use (including building insurance). *All figures are approximate.

34-36 WENTWORTH STREET, PORT KEMBLA

Floor Plan.

34-36 Wentworth Street, PORT KEMBLA

STORAGE 1.6 x 1.6

BATH

SERVICES

ROBE

BEDROOM 3.1 x 4.8

STAFF ROOM 4.2 x 3.6

STORE 3.5 x 3.0

KITCHEN & MEALS 3.6 x 4.8

STORAGE SPACE 8.0 x 7.1

KITCHEN 3.3 x 3.8

DINING 3.4 x 2.9 LIVING 3.4 x 6.9 STAFF ROOM

STUDY 3.4 x 2.9

UNIT 2 UNIT 1

6.7 x 2.3

SHOP 1

GROUND LEVEL

SHOP 2

BED 3 3.3 x 3.0

ROBE

BED 1 3.3 x 3.6

ROBE

RAMP

6.7 x 5.3

LIVING & DINING 6.8 x 6.1

OPEN SPACE 3.1 x 7.6

ROBE

STORE

UTILITY 2.3 x 1.7

STUDY 2.2 x 2.0

BED 2 3.3 x 3.6

UPPER LEVEL

INTERNAL 414m²

MMJ REAL ESTATE WOLLONGONG

Plans shown are for presentation purposes only and are not part of any legal document.

34-36 WENTWORTH STREET, PORT KEMBLA

Deposited Plan.

34-36 WENTWORTH STREET, PORT KEMBLA

Zoning Summary. E1 LOCAL CENTRE 1 OBJECTIVES OF ZONE • • •

• • • •

To provide a range of retail, business and community uses that serve the needs of people who live in, work in or visit the area. To encourage investment in local commercial development that generates employment opportunities and economic growth. To enable residential development that contributes to a vibrant and active local centre and is consistent with the Council’s strategic planning for residential development in the area. To encourage business, retail, community and other non-residential land uses on the ground floor of buildings. To encourage development that is consistent with the centre’s position in the centres hierarchy. To encourage development that has a high level of accessibility and amenity and prioritises pedestrians. To ensure new development provides diverse and active street frontages to attract pedestrian traffic and to contribute to vibrant, diverse and functional streets and public spaces.

2 PERMITTED WITHOUT CONSENT Building identification signs; Business identification signs; Home occupations

3 PERMITTED WITH CONSENT Advertising structures; Amusement centres; Backpackers’ accommodation; Bed and breakfast accommodation; Boarding houses; Car parks; Centre-based child care facilities; Commercial premises; Community facilities; Entertainment facilities; Exhibition homes; Function centres; Home-based child care; Home businesses; Home industries; Hostels; Hotel or motel accommodation; Information and education facilities; Local distribution premises; Medical centres; Oyster aquaculture; Passenger transport facilities; Places of public worship; Public administration buildings; Recreation areas; Recreation facilities (indoor); Recreation facilities (outdoor); Registered clubs; Respite day care centres; Restricted premises; Roads; Service stations; Serviced apartments; Sex services premises; Shop top housing; Tank-based aquaculture; Veterinary hospitals; Wholesale supplies

4 PROHIBITED Any development not specified in item 2 or 3

*Approx boundary only

Method of Sale. The property is for sale via private treaty at $1,495,000 (No GST, sale to be treated as a going concern).

MICHAEL FARINA

Department Manager, Commercial Sales MMJ Real Estate Wollongong M: 0421 522 713 E: michael.farina@mmj.com.au

TAHLIA PENNIMPEDE

Commercial Sales Executive & Coordinator MMJ Real Estate Wollongong M: 0421 458 748 E: tahlia.pennimpede@mmj.com.au

Disclaimer: The agent(s) for themselves and the vendors of the property whose agent(s) they are, give notice that: (i) The particulars are set out as a general outline only for the guidance of purchasers and do not constitute an offer or contract. (ii) All descriptions, dimensions, references to conditions and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but purchasers should not rely on them as statements or presentations of fact, but must satisfy themselves by inspections or otherwise please as to the correctness of each of them; and a draft Agreement for Sale of Land which is available for inspection at the offices of the Agents . In the event of any inconsistency between this Information Memorandum and the Agreement for Sale of Land, the provisions of the Agreement for Sale of Land shall prevail. (iii) No person in the employment of the agent(s) has any authority to make or give any representation or warranty whatsoever in relation to the property. (iv) The Agents and the vendor, each of their associates and every person involved in the preparation of this Information Memorandum expressly disclaim any liability on any grounds whatsoever for any direct or consequential loss or damage (whether foreseeable or not) which may result from any party acting on or relying upon all or any part of the information contained in the Information Memorandum notwithstanding any negligence, default or lack of care.