Corindi Beach Hotel

Corindi Beach Hotel

JLL Hotels & Hospitality Group is delighted to exclusively present to market the freehold going concern interest in Corindi Beach Hotel on NSW’s stunning Coffs Coast.

Located 30 minutes north of Coffs Harbour and 2.5 hours south of the Gold Coast, Corindi Beach Hotel sits amongst a growing community on an enormous 16,120sqm lot, with genuine development potential and water views.

Key investment highlights include:
- Balanced revenue mix generating over $100,000 (ex GST) per week from bar, food, gaming and drive-through bottle shop
- Prime North Coast location with no hotel competition within 10km south and 50km north, securing unrivalled market dominance in a growing coastal region
- Situated on an enormous 16,120sqm land parcel offering significant development scope and opportunity to trade at scale - catering to growing underlying residential and tourism demand
- Sale includes 12 GMEs in a Band 2 SA2, with an approved threshold increase to 20 GMEs – conservatively adding $1m in pre-gaming tax net profit per annum!
- Located 15 minutes north of Moonee Beach Tavern (ranked 262 in NSW)
- The hotel presents a multitude of venue enhancement options including standalone boutique accommodation with up to 40 villas catering to year round tourism demand and adding a new revenue channel for the business
- The Coffs Harbour Region is forecasting 25,000 new residents and 12,000 dwellings by 2041, and the $2.2b Coffs Harbour Bypass will provide 600 additional jobs over the next 4 years