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37-39 Burelli Street Wollongong NSW 2500

  • Hotel, Motel, Pub & Leisure
  • 8,476 m²
  • Expressions of Interest

Exclusive Hotel Development in the Heart of Wollongong City Centre with Global Hotel Operator

  • 4-4.5 star, 241 room luxurious hotel dev
  • DA approval for 13 levels, 121 car parks
  • International HMA signed for 20 years

Savills are pleased to exclusively present Hotel Burelli, 37-39 Burelli Street, Wollongong to market for consideration to purchase. Comprising of an proposed 241 room luxurious hotel in the Heart of Wollongong city centre and with terms agreed with a global Hotel Operator, the asset has DA approval for 13 levels, with additional signature food and beverage, lounge, mezzanine and gym facilities**.

- 4-4.5 star Upscale to Upper Upscale hotel development sitting on a significant 2,007sq m* site
- Various F&B options, Lifestyle Gym, Rooftop Terrace and 121 car parking spaces
- Prime location within the heart of Wollongongs city centre, surrounded by numerous cafes & restaurants, shopping amenities, Illawarra Performing Arts centre & Art Gallery, WIN Stadium & Sports Entertainment Centre and famous beaches & rock pools
- Turn-key delivery by the Vendor, with funding payment, and an experienced operator, development, construction, and consultant team agreed
- Initial expected return in excess of $6,000,000

For Sale by International Expressions of Interest closing 2pm Thursday 18 March 2021.

For further information or to arrange an inspection, please contact the exclusive agents below.

*Approx.
**DA approval expected May/June 2021

EXPRESSION OF INTEREST

Closing date and time18/03/2021 14:00
Recipient nameAsk Agent
Delivery addressExpressions of Interest

Property Highlights

Property ID2016805045
Floor Area8,476 m²
Land Area2,007 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  19 Feb 2021
Map for 37-39 Burelli Street Wollongong NSW 2500
Map for 37-39 Burelli Street Wollongong NSW 250037-39 Burelli Street Wollongong NSW 2500

Property Highlights

Property ID2016805045
Floor Area8,476 m²
Land Area2,007 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  19 Feb 2021
Savills Brisbane
Level 33, Riverside Centre, 123 Eagle Street Brisbane City QLD 4000

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