A historic commercial property on the iconic Wentworth Street in the heart of Wollongong’s Port Kembla is up for sale.
The vacant mid-century building at 105-107 Wentworth Street was originally built in 1958 for English, Scottish & Australian Bank (ES&A Bank) and designed by ES&A Architect Adam Wright and Apperly.
Now the fully refurbished building is being taken to the market via an Expressions of Interest campaign by Knight Frank agents James Mulcair and Ben Mostyn on behalf of the vendor.
The two-level vacant building, situated 10 minutes from Wollongong’s CBD, has 165sq m of office or retail space with polished concrete floors and six-metre-high ceilings, with the second storey featuring a kitchenette and bathroom.
The property also includes a 65sq m standalone warehouse or workshop at the back, with four car spaces on the 556sq m site.
It has possible development potential for commercial/residential premises at the rear, subject to council approval.
Mr Mulcair said the property would attract a range of buyers, including owner occupiers and investors, with one of the drawcards being its historical significance.
“This property is a historical icon,” he said.
“The building has excellent craftsmanship with its recent completion of renovated works, maintaining the authenticity of the ES&A Bank, including meeting and storage rooms featuring the original 1958 ES&A Bank vault door.
“The architecture is attractive, with high ceilings and a floor-to-ceiling glass wall with quality timber architraves, flooded with natural light.”
Mr Mostyn said Port Kembla was positioned as a global gateway for freight and logistics, while growth in other key sectors including knowledge services, advanced manufacturing, technology and defence were contributing to its standing as an important business and community hub.
“The Illawarra is continuing its transformation away from its historic heavy industrial roots into a thriving, innovative and supportive business and community hub with global reach,” he said.
“Its growing ecosystem of innovation has seen many global and national businesses call Wollongong home.
“As the region matures and transforms we are also seeing growing investor interest.” The Expressions of Interest campaign for the property will close at 4pm (AEDT) on Thursday, March 31.
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