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121-123 Corrimal St 3,864 SF Retail Condo Unit in Wollongong, NSW 2500
Investment Highlights
- Zoned MU1 Mixed Use, allowing a broad range of retail, office, or hospitality applications.
- Immediate proximity to dining, entertainment, and cultural venues, including Illawarra Performing Arts Centre.
- Located in a high-exposure corridor with consistent pedestrian activity and strong local customer base.
- Walkable access to Wollongong Station (approx. 1.1 km) and multiple nearby bus stops, enabling ease of connectivity.
Executive Summary
The property at 121-125 Corrimal Street comprises a multi-tenancy commercial building positioned within Wollongong’s established central business and entertainment district. The structure accommodates multiple units designed for retail and office use under MU1 Mixed Use zoning. Corrimal Street operates as a core commercial corridor in Wollongong, characterized by high vehicle and pedestrian traffic and supported by an array of surrounding cafes, restaurants, and professional services. The site is located approximately 1.1 kilometers from Wollongong Station and within 200 meters of several key bus stops, providing strong public transport connectivity. Direct access to major routes such as Princes Motorway (M1) links the location with Greater Sydney and the South Coast. The precinct is undergoing active redevelopment, with nearby mixed-use projects and infrastructure upgrades contributing to long-term commercial vitality. Proximity to cultural landmarks such as the Illawarra Performing Arts Centre and Wollongong City Library reinforces sustained foot traffic and amenity demand.
1 Unit Available
Unit 5
| Unit Size | 3,864 SF | Sale Type | Investment or Owner User |
| Condo Use | Retail |
| Unit Size | 3,864 SF |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
Description
Unit 5 at 121-125 Corrimal Street presents a rare opportunity in Wollongong’s dynamic CBD precinct. Offering both 359sqm of indoor space and 118sqm outside courtyard, this property is suited for a variety of commercial uses including hospitality, entertainment, or repurposed corporate offices. The site previously operated as a restaurant and bar, with existing fit-out that includes a kitchen, bar, cool room, and internal amenities, reducing setup costs for similar ventures.
Sale Notes
Zoned MU1 Mixed Use, the property provides flexibility for future development or repositioning to complement Wollongong’s growing urban core. Its prime location benefits from consistent foot traffic, high visibility, and immediate proximity to Wollongong’s business, dining, and cultural hubs. Positioned within walking distance of transport connections, the asset is well-serviced by surrounding infrastructure and key arterial roads, providing convenient access for customers, staff, and deliveries. This offering gives both owner-occupiers and investors an exceptional opportunity to secure a versatile commercial tenancy in a rapidly evolving market with strong long-term growth potential.
+1 More
Commercial Kitchen
Bar
Interior Photo
Interior Photo
Courtyard
Suite 5 floorplan
Property Facts
| Total Building Size | 16,275 SF | Floors | 2 |
| Property Type | Retail (Condo) | Typical Floor Size | 8,138 SF |
| Property Subtype | Storefront Retail/Office | Lot Size | 0.56 AC |
| Building Class | C |
| Total Building Size | 16,275 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 8,138 SF |
| Lot Size | 0.56 AC |
Amenities
- Corner Lot
- Signage
- Air Conditioning
- Balcony
Nearby Major Retailers
Presented by
121-123 Corrimal St
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