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Address available on request Wollongong, NSW 2500

Address available on request,
Wollongong, NSW 2500

Hotel, Motel & Leisure • Development Sites & Land • Other

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Renovated freehold resort in the booming Wollongong tourism region - be quick !

  • Above 40 rooms on 9 acres creek front
  • Food, beverage, conference and leisure
  • Considerably below replacement value
Highly affordable entry point into the BOOMING Wollongong / Illawarra region hotel market.

Entirely rare to find mid-market freehold resort within 90 minutes drive of Sydney airport.

More than 40 rooms all with pool views, renovated in 2014 to a 4 star standard.

Over 1,200 square metres total conference space with 6 function and meeting rooms and a huge restaurant. Enormous swimming pool, tennis court and much more.

The Wollongong / Illawarra tourism region is seeing historically high occupancy and a well documented under-supply of rooms.

This is a significantly underperforming business with genuine upside, to be sold well below asset replacement value.

Situated on 9 acres of private grounds with creeks to two boundaries.

Immaculate gardens and grounds, including a formal wedding ceremony garden.

The resort is a private wedding and conference destination and ideal for family and group accommodation - only 10 minutes to the beach and surrounded by major NSW tourist attractions.

Re-brand, re-position; simply let customers know you exist and add huge value.

Inspection by appointment and only accompanied by Tourism Property agent.

Will be sold, please call Matt Davidson for confidential details.

Property ID: 503315094Last Updated: 11 Jun 2020

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Address available on request
Wollongong, NSW 2500
Tourism Property Services
Market Street
WOLLONGONG, NSW 2500

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