435 Princes Hwy 6,286 SF 100% Leased Retail Building Corrimal, NSW 2518 For Sale

435 Princes Highway, Corrimal presents a fully leased mixed-use investment opportunity in a high-exposure location along the busy Princes Highway corridor. The property comprises a ground-floor retail tenancy occupied by a long-established anchor tenant, Ceasar’s Chicken, secured on a new 5 + 5 year lease, providing income stability and covenant strength. Above the retail component, the first-floor features two well-sized residential apartments, one configured as a three-bedroom unit and the other as a two-bedroom unit, offering additional income diversity.
The site spans approximately 898 m² and benefits from E3 Productivity Support zoning, allowing for flexible future use options. Positioned in the Northern Suburbs growth corridor, the property enjoys strong connectivity to Wollongong CBD and surrounding residential catchments, ensuring consistent trade and tenant demand. With a total passing net income of $206,782.92 per annum plus GST, this asset combines secure cash flow with long-term capital growth potential.
The property will be offered via public auction on Wednesday, 1 April 2026, at MMJ Wollongong’s Auction Room, providing investors with a rare chance to secure a high-performing, multi-income property in a tightly held location.