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121-123 Corrimal St 2,368 SF of Office/Retail Space Available in Wollongong, NSW 2500
Highlights
- Prime position in Wollongong's dining and entertainment district
- Strong foot traffic
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Shop 10 | 2,368 SF | Negotiable | $18.68 CAD/SF/YR $1.56 CAD/SF/MO $44,226 CAD/YR $3,686 CAD/MO | TBD |
1st Floor, Ste Shop 10
Unlock the potential of a prime commercial space in the heart of Wollongong’s vibrant dining and entertainment precinct. This space offers a generous floor area of 220 square metres on the first-floor, providing the flexibility and visibility that ambitious businesses need to thrive. Formerly home to the Gong Bar, this property is perfectly positioned to capture high foot traffic and capitalize on the area’s dynamic atmosphere. The space is designed for versatility, making it an excellent fit for a wide range of uses. Fitness operators will appreciate the open layout and air conditioning, ideal for gyms, yoga, or wellness studios. Entertainment concepts such as escape rooms can easily adapt the unique floor plan, while hospitality ventures will benefit from the property’s prime location and two outdoor balconies that create inviting spaces for patrons. An existing kitchen with exhaust and exclusive male and female restrooms further enhance its suitability for food and beverage operations. Accessibility is another key advantage, with both front and rear entry points ensuring smooth customer flow and operational efficiency. The inclusion of air conditioning and cross-flow ventilation from the balconies ensures a comfortable environment year-round, while the flexible lease terms allow businesses to tailor arrangements to their needs. This is a rare opportunity to secure a high-profile address in one of Wollongong’s most sought-after commercial corridors. Whether you’re launching a new concept or expanding an existing brand, this property offers the location, amenities, and adaptability to make your vision a reality.
- Central Air Conditioning
- Private Restrooms
- Balcony
- Spacious layout
- Two outdoor balconies
- Dual access points
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 2,368 SF | Property Subtype | Storefront Retail/Office |
| Property Type | Retail | Gross Leasable Area | 16,275 SF |
| Total Space Available | 2,368 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 16,275 SF |
About the Property
Commercial premises situated in Wollongong's bustling dining and entertainment precinct, with high foot traffic and visibility.
- Corner Lot
- Signage
- Air Conditioning
- Balcony
Nearby Major Retailers
Presented by
121-123 Corrimal St
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