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].