NH Hotel, 37-39 Burelli Street, Wollongong, NSW 2500

Hotel/Leisure | Development/Land

For Sale Contact Agent

  • Property ID: 383898
  • Floor Area: 8476m²
  • Land Area: 2007m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the premises (FTTP)
New Landmark Coastal CBD Hotel under management by Minor International with Income Underwrite

Savills Hotels are pleased to exclusively present the ‘NH Hotel Wollongong’ by Minor to market for consideration to purchase. The proposed NH Wollongong Hotel comprises of an 241 room luxurious hotel in the heart of Wollongong city centre with income underwrite provided by Minor International, a listed global hotel management group. The asset has DA approval for 13 levels, with additional signature food and beverage, lounge, mezzanine and gym facilities**.
- 241 stylish and contemporary hotel rooms and suites, state of the art conference, event and guest facilities
- Management by leading global hotel operator Minor International with 5 Year Income Underwrite
- Strong operator track record with extensive experience and hotel portfolio in Australia
- Excellent CBD location in expanding coastal city 1.5 hours* south in Australia
- 4-4.5 star Upscale to Upper Upscale hotel development sitting on a significant 2,007sq m* freehold site
- Purpose built commercial mid-scale hotel designed by award winning architects
For sale by Private Treaty by way of Turn-Key or Fund-Through Acquisition with significant cost savings or Joint venture Investment.
For further information or to arrange an inspection, please contact the exclusive agents below.
*Approx.
**DA approval expected in June 2021

Wollongong Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $100 ---
Offices $6667 $666 9.99%
Retail $6667 $354 5.31%
This is the average advertised price, rent and yield for Wollongong, NSW 2500*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
LOGIN (Existing Members)
×

REGISTER (New Members)

Already have a CPG account? Login

×
×

×
REGISTER (New Members)
×