Strategic Highway Site with Strong Rental Upside | Next to Major Woolworths Shopping Centre
Description
CBRE is pleased to present EG Ampol Corrimal located at 275 Princes Highway, Corrimal (Wollongong) NSW to the market via Investment Portfolio Auction 184.
The property has the following key highlights:
+ Longstanding net lease to 2028 plus one (1) further five (5) year option to 2033
+ EG Group: one of the world’s largest fuel and convenience retailers with $24 billion annual revenue & 5,600+ locations globally, including 500+ sites in Australia
+ Tenant pays 100% of outgoings including land tax
+ Current rental below market offering opportunity for potential future rental uplift
+ Annual compounding CPI rental increases
+ High profile corner site able to service 8 vehicles at any given time with over 62 metres* of dual street frontage and valuable dual street ingress and egress
+ Strategically located directly opposite Woolworth’s & Dan Murphy’s anchored Corrimal Village Shopping Mall and in close proximity to Coles anchored Corrimal Park Mall
+ Corrimal: highly sought after location in NSW’s South Coast, only 6km* to Wollongong CBD
+ Net Income $233,040 pa* + GST
To be sold via Investment Portfolio Auction
10:30am (AEST) Tuesday 12 May 2026,
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information.
*Approx
Enquire
Contact agents
Yosh Mendis Senior Director
0434 413 188
Sam Mulcahy Junior Sales Associate
0499 558 968
Hamish Grant Junior Sales Associate
+61 476 272 985
Andre Taouil Senior Negotiator
0433 764 860Enquiry Form
Corrimal, NSW
275 Princes Highway
For Sale by Portfolio Auction
This property is part of Portfolio 184
Price: Contact Agent
Contact agents
-
Yosh Mendis Senior Director
0434 413 188 -
Sam Mulcahy Junior Sales Associate
0499 558 968 -
Hamish Grant Junior Sales Associate
+61 476 272 985 -
Andre Taouil Senior Negotiator
0433 764 860