CORRIMAL HOTEL FOR SALE

SOLD
EXPRESSIONS OF INTEREST

Wexted Advisors are pleased to offer Corrimal Hotel, 268 Princes Highway, Corrimal NSW.

 

Key highlights include:

 

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

 

For further information please contact Andrew McCabe of Wexted Advisors on (02) 9210 1700 or email [email protected].