383-385 Lawrence Hargrave Drive,
Scarborough, NSW 2515
Development Sites & Land • Hotel, Motel & Leisure • Other
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Colliers - Wollongong
Level 2, 63 Market StreetWOLLONGONG, NSW 2500
383-385 Lawrence Hargrave Drive
Scarborough, NSW 2515
Detailed listing
Map of 383-385 Lawrence Hargrave Drive
The Iconic Scarborough Hotel
Situated on the Illawarra escarpment, just south of the Sea Cliff Bridge you will find the iconic Scarborough Hotel.
With breath-taking views, cliff top beer garden and nearly 140 years of history, this is a truly rare opportunity.
With two years remaining on the lease now is the perfect time for a new owner or operator to capitalise on the huge potential of this amazing hotel.
The site is being offered for sale by Expressions of interest
Key highlights:
• Lease expires 30 June 2025 with no further options
• Net rental approximately $305,667 + Turnover rental (Plus GST)
• Heritage listed 614m2 building on 3,904m2* parcel of land
• Fully licensed venue with no capacity limit
• Purchase of business and adjoining carpark
• Zoned C4 Environmental Living
The current tenant will consider selling the business as well as the adjoining 4,321m²* parcel of land.
*Approx.
With breath-taking views, cliff top beer garden and nearly 140 years of history, this is a truly rare opportunity.
With two years remaining on the lease now is the perfect time for a new owner or operator to capitalise on the huge potential of this amazing hotel.
The site is being offered for sale by Expressions of interest
Key highlights:
• Lease expires 30 June 2025 with no further options
• Net rental approximately $305,667 + Turnover rental (Plus GST)
• Heritage listed 614m2 building on 3,904m2* parcel of land
• Fully licensed venue with no capacity limit
• Purchase of business and adjoining carpark
• Zoned C4 Environmental Living
The current tenant will consider selling the business as well as the adjoining 4,321m²* parcel of land.
*Approx.
Property ID: 504279080Last Updated: 3 Apr 2024
Colliers - WollongongLevel 2, 63 Market Street
WOLLONGONG, NSW 2500
WOLLONGONG, NSW 2500
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