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121-123 Corrimal St 3,864 SF of 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 5 | 3,864 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 5
This sizable retail and hospitality space in the heart of Wollongong offers an exceptional opportunity for businesses seeking a highly visible central location. The property features an expansive first-floor layout of approximately 359 sqm complemented by an additional 118 sqm outdoor courtyard, delivering versatile options for dining, events, or customer experiences. Previously configured as a restaurant, the premises is equipped with a kitchen, bar, and cool room infrastructure, reducing time and costs for fit-out. Quality finishes, including tiled flooring and ducted air conditioning, enhance functionality and comfort for staff and patrons alike. Positioned within Wollongong’s vibrant dining precinct, the property is surrounded by established restaurants, cafés, and major arterial routes, ensuring consistent foot traffic and accessibility. Its adaptable floor plan also provides scope for professional services or a corporate head office, including potential for medical or wellness facilities. With strong exposure and ample opportunities for branding, this property is well-suited for operators looking to secure a rare entertainment and dining footprint in an active business district.
- Partially Built-Out as a Restaurant or Café Space
- Central Air Conditioning
- High Ceilings
- Expansive first-floor space
- Adjoining outdoor courtyard for versatile use
- Previously fit out for hospitalit
- Kitchen installation and bar setup
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 | 3,864 SF | Property Subtype | Storefront Retail/Office |
| Property Type | Retail | Gross Leasable Area | 16,275 SF |
| Total Space Available | 3,864 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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