Woonona at a glance
12,446
People
$1,600,000
Median sale
$768/wk
Median rent
2.50%
Suburb gross yield
Median sale from 59 recorded sales (last 12 months) — a Districts calculation.
NSW › Woonona › Princes Hwy
$1,990,000
For sale
Asking
3
Bedrooms
2
Bathrooms
6
Car spaces
613 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$1,990,000
Asking · $3,246/m² of land
No recorded sale for this property.
Woonona at a glance
12,446
People
$1,600,000
Median sale
$768/wk
Median rent
2.50%
Suburb gross yield
Median sale from 59 recorded sales (last 12 months) — a Districts calculation.
Vs Woonona
+24.4%
Median sale
Suburb $1,600,000
-0.49 pp
Gross yield
Suburb 2.50%
Suburb median $1,600,000 from 59 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$95,329 on top of the price (4.8% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Woonona's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $768/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 2.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Woonona at a glance
12,446
People
$1,600,000
Median sale
$768/wk
Median rent
2.50%
Suburb gross yield
Median sale from 59 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LJ Hooker WollongongOffered in its centenary year, 359 Princes Highway, Woonona presents a rare mixed-use opportunity in the heart of Woonona's CBD, positioned directly opposite McDonald's and at the northern gateway into Woonona.
Originally constructed as a bank, the building retains its vintage character while now offering a substantial turn-key hospitality opportunity, complete with restaurant/bar infrastructure, commercial kitchen, cool room, grease trap, outdoor dining potential and the original vault now incorporated into the bar and wine storage area.
The ground floor commercial space is the key driver of the asset, providing a highly visible restaurant/bar premises with strong street presence, accessible entry, customer amenities and rear access. The property is well suited to an owner-operator seeking to run a hospitality business from a prominent Woonona location, with the benefit of an impressive residence above.
Upstairs, the property offers a beautifully presented three-bedroom residence, providing genuine flexibility for a restaurateur or business owner to live onsite, accommodate staff or management, or lease separately to offset holding or business costs.
With commercial and residential improvements on a single title, rear laneway access, parking for up to six vehicles and a position close to Woonona Beach, local shops and major transport routes, this is a rare opportunity to secure a mixed-use asset with multiple occupancy and income strategies.
For further information, or to arrange an inspection, please contact the Exclusive Selling Agents:
Chris | 0451 714 441
Martin | 0412 424 226
Residential: approx. 159 sqm
Commercial: approx. 157 sqm
Land Area: approx. 613 sqm
Key Features:
* Mixed-use commercial and residential property on a single title
* Prominent Princes Highway position opposite McDonald's
* Strong street presence in the heart of Woonona's CBD
* Former bank building with original vault used for bar and wine storage
* Turn-key restaurant/bar opportunity
* Commercial kitchen, cool room and grease trap
* Outdoor dining potential
* Disabled access and accessible amenities
* Rear laneway access
* Parking available for up to six vehicles
* Three-bedroom residence above
* Potential to live onsite or lease the residence separately
* Broad appeal to owner-operators, investors and hospitality users
* Development potential, subject to approvals
Commercial Space:
* Ready-to-go commercial kitchen
* Bar and wine storage within the original vault
* Cool room plus storeroom
* Grease trap
* Extractor plus replacement air intake
* Air-conditioned commercial space
* Outdoor dining potential
* Three toilets including accessible toilet plus urinals
* Accessible entry plus side auto-door access
* Separate water meters and separate electricity metering
* Liquor licence noted for internal and external areas, subject to transfer and authority approval
Residential:
* Three-bedroom residence with vintage character
* Lift access to the kitchen level
* Zoned ducted air conditioning
* Separate sitting room plus sunroom and dining room
* Premium-grade kitchen with large stainless-steel benchtop
* Pressed metal ceilings throughout
* Suitable for owner accommodation, manager's residence or separate leasing
* Potential residential rental return of $850+ per week, subject to market conditions
Listing description written by Chris Tudzarov, LJ Hooker Wollongong — reproduced as published, not verified by Districts.