Quentin Olde and Matt Adams, as Receivers and Managers of Thirroul Property Holdings Pty Limited, are pleased to offer for sale the Headlands Hotel site at Lots 87 to 95 in DP9233 at 1 Yuruga Street, Austinmer NSW 2515.

The property comprises a privately owned headland hotel with panoramic views in all directions and is an outstanding site for tourism, seniors living, motel or hotel just kilometres north of Wollongong CBD.

• Historic hotel on iconic headland;
• 6,879m2 (approx) of beachfront land contained in nine titles;
• Two approved development applications for:
  • spa resort and 18 serviced apartments; and
  • 69 serviced apartments
• Site Compatibility Certificate allowing 13 self-care seniors living dwellings (subject to council approval);
• Liquor licence and six gaming machine entitlements (available for sale together or separately).

The property will be offered for sale via tender closing at 4.00pm on Wednesday, 23 November 2011.

To register your interest or inspect the property please contact:

Colliers International:                                                    CMF Commercial:
Simon Kersten:      0419 333 533                                      Jon Buckman:   0413 969 711
Matthew Meynell:   0413 988 878                                      Chris White:      0425 223 984