230 Princes HighwayCorrimal NSW 2518
Property Details for 230 Princes Hwy, Corrimal
Last Listing description (September 2023)
Ideally situated with high exposure along the Princes Highway in Corrimal's town centre. The site overlooks Luke's Place Playground and Corrimal Memorial park and is surrounded by a variety of local eateries, retailers, medical services, and only a short walk to Corrimal Village Shopping Mall and Corrimal Park Mall for major supermarkets.
Previously traded as a fast food takeaway, the premises includes existing kitchen provisions such as an exhaust system, gas connection and grease trap which makes it easy for any new business to fit out and start trading. In addition to the storage area and excellent signage opportunity, the site features a non-exclusive, external disability ramp to the shop as part of the outdoor deck license that is currently being held, as well as a compliant disabled bathroom accessible from the deck.
Property highlights
Total floor area: 278m2*
Zoned E1 - Local centre
Situated in a high profile position in Corrimal CBD
Existing kitchen provisions include an exhaust system, gas connection and grease trap
Ideal for hospitality businesses
Surrounded by an abundance of local eateries, retail stores and supermarkets
Compliant disabled bathroom, accessible from the desk
*Approx.
Property History for 230 Princes Hwy, Corrimal, NSW 2518
- 06 Sep 2023Sold for $1,023,000
- 10 Aug 2023Listed for Sale Auction, Thurs 14 Sept at 10am in rooms
- 29 Mar 2023Listed for Rent - Price not available
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About Corrimal 2518
The size of Corrimal is approximately 5.1 square kilometres. It has 25 parks covering nearly 29.1% of total area. The population of Corrimal in 2011 was 6,324 people. By 2016 the population was 6,496 showing a population growth of 2.7% in the area during that time. The predominant age group in Corrimal is 50-59 years. Households in Corrimal are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Corrimal work in a professional occupation. In 2011, 67.3% of the homes in Corrimal were owner-occupied compared with 66.1% in 2016.
Corrimal has 3,756 properties. Over the last 5 years, Houses in Corrimal have seen a 80.32% increase in median value, while Units have seen a 41.11% increase. As at 31 July 2024:
- The median value for Houses in Corrimal is $1,169,964 while the median value for Units is $708,316.
- Houses have a median rent of $700 while Units have a median rent of $500.
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