OFFICE
Knight Frank Illawarra
Our Wollongong office is a genuine local hub for commercial, retail and industrial real estate across the Illawarra. Our team is involved in the majority of major real estate transactions in the region and provides ongoing asset management for many of Wollongong’s A-grade commercial buildings and shopping centres, so we’re in regular, hands-on contact with the people and properties that make up this market. We back that local expertise with the reach of Knight Frank’s national and global network, and we’d genuinely like to see you in the office: whether you’re an existing client, a prospective investor or simply exploring the Illawarra market, drop in, book a meeting or pick up the phone. Our door is open.
Wollongong is transforming from its industrial roots into a thriving, connected business and coastal community, with major employers including KPMG and the ATO now calling it home. That momentum is visible on the skyline, with a record 20 cranes currently at work across the Illawarra (the strongest result since the region joined the national Crane Index in 2019), backed by $1.6 billion already invested in the CBD and a further $400 million in the pipeline. The Illawarra’s population is forecast to grow faster than the rest of NSW over the next seven years, and Wollongong’s gross regional product has climbed to $17.6 billion, up more than 10% in six years. For the owners, investors and occupiers we work with every day, that’s real momentum, and real opportunity.
On this page:
- Get in touch
- Core sectors
- Core services
- Case studies
- Why Knight Frank
- Frequently asked questions
- Related insights
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Core services
Sell Assets & Developments
Maximise buyer reach and transaction outcomes with market intelligence, capital connections and strategic sales advice.
Lease & Occupy
Find, secure and optimise property that supports workforce needs, operational goals and business growth.
Facilities Management
Manage maintenance, compliance, contractors and building operations to improve efficiency, reduce risk and protect asset performance.
Investment Sales
Sell, acquire and position commercial property assets with market intelligence, investor relationships and tailored campaign strategy.
Office Leasing
Help landlords fill office assets with suitable tenants, reduce vacancy and strengthen rental performance through strategic leasing advice.
Industrial & Logistics
Industrial property acquisition, leasing and capital markets advice for occupiers, landlords and investors.
Asset Management Services
Improve property performance, reduce risk and create long-term value through integrated asset, operational and portfolio oversight.
Retail Leasing
Attract occupiers, optimise tenancy mix and strengthen retail asset performance through market-led leasing and repositioning strategies.
Valuation & Advisory
Independent commercial, residential and specialist property valuations to understand value, manage risk and support informed decisions.
A place to meet, not just visit
We know the best conversations happen face to face. Our Wollongong office is set up for it: meeting spaces for one-on-ones, workshops and client presentations, right in the heart of the CBD. Whether you’re reviewing a deal, planning your next move or just want a local read on the market, come in and talk it through with us.
Case studies
NSW Government industrial land divestment, sold at auction
Appointed by the NSW Government to divest this Port Kembla landholding, Ben Mostyn and Ben Churven ran a competitive public auction that drew five registered bidders for a site earmarked for heavy industrial redevelopment. The result, in excess of $4 million, showed that even government-owned surplus land can achieve a premium outcome when a genuinely competitive process is run around it.
Rare heavy industrial landholding sold via Expressions of Interest
One of the most tightly held segments of the Illawarra market, this large-scale industrial site drew more than 100 enquiries and over 15 contracts issued from a single campaign. The result, a sale in excess of $14 million to a Wollongong-based purchaser, reflected the genuine scarcity of comparable heavy industrial land in the region.
A family-held Illawarra landmark, brought to market for the first time in a generation
The former Cleary Brothers head office, held by the family business for decades, generated more than 50 enquiries and 12 contracts issued from local, state and interstate buyers. A Sydney-based firm secured the site for more than $15 million at the close of a competitive second Expressions of Interest round.
Complex, multi-asset divestment for a national corporate client
Appointed by Bunnings to divest surplus land adjoining its former North Wollongong store, Knight Frank ran three simultaneous campaigns across the broader landholding. This site sold to a Sydney-based developer for more than $12 million, a significant premium to the vendor's expectations, after competing buyers included the adjoining owner, Mazda.
A landmark CBD office tower, sold and supported well beyond settlement
This CBD office tower sold to an offshore investor based in Singapore for more than $65 million. Knight Frank went on to secure the largest government lease in the building's history, more than 7,500 sqm to Services Australia on a new 10-year term, and managed a full refurbishment program on the owner's behalf.
Why Knight Frank
Frequently Asked Questions
Knight Frank Wollongong provides commercial property advice across Wollongong and the Illawarra, supporting owners, investors and occupiers with local market guidance.
Yes. Knight Frank can assist with commercial property investment in the Illawarra, including advice on opportunities, market conditions and asset strategy.
Yes. Knight Frank Wollongong can support property management enquiries for commercial assets in the Wollongong and Illawarra region.
Commercial property opportunities in the Illawarra may include office, retail, industrial and investment assets. Contact the Wollongong team for current availability and advice.
Yes. We welcome clients and prospective clients to meet face to face at our Wollongong office. Contact the team to arrange a time that suits you.
Knight Frank Wollongong is located at Suite 702, Level 7, 77 Market Street, Wollongong NSW 2500, in the heart of the CBD.
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