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Corrimal Hotel, 268 Princes Highway Corrimal, NSW 2518

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Corrimal Hotel, 268 Princes Highway,
Corrimal, NSW 2518

Hotel, Motel & Leisure

Price information

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$32,500,000

Key property information

Floor area

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Map of Corrimal Hotel, 268 Princes Highway

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Corrimal Hotel

- Diversified revenue mix across bar, bistro, gaming & wagering
- 24 hour liquor licence with only 23 x gaming machines attached
- Average ranking of #240 over the last 12 months - one of Wollongong LGA's strongest and most consistent performers
- Recent $2.5 million renovation, reconfiguration and refurbishment - completed in mid 2018
- Expansive trading footprint, with efficient layout, multiple outdoor areas and car park
- 1,750 sqm* site - strategically situated within retail/commercial precinct of Corrimal
- Limited competition within large residential catchment - Bellambi, Tarrawanna & Russell Vale
- Adjacent Corrimal Village Shopping Centre - anchor tenants such as Woolworths & Dan Murphy's plus 450* car parks
- Proximate to the former Corrimal Coke Works site - proposed 550* dwelling master planned community

*Approx.

Under Instructions from Andrew McCabe & Joseph Hayes from Wexted Advisors as Receivers & Managers

Additional information

Property ID: 503997887Last Updated: 18 Apr 2022

0412 590 5...
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Corrimal Hotel, 268 Princes Highway
Corrimal, NSW 2518
HTL Property - Sydney
Level 3, 319 George Street
SYDNEY, NSW 2000

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