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56 Princes Highway, Corrimal, NSW 2518-Image

56 Princes Highway, Corrimal, NSW 2518

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House

Type

Bedrooms

Bathrooms

Parkings

1,029 m²

Area

Published on Thursday, May 14, 2026 ( See property details for 56 Princes Highway, Corrimal, NSW 2518)

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Adam Blackmore - Real Estate Agent - Molenaar + McNeice

Adam Blackmore Sales Agent

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Matthew Stipcevic - Real Estate Agent - Molenaar + McNeice

Matthew Stipcevic Sales Agent

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile property in Corrimal offering immediate livability, income potential, and approved subdivision plans for future development.

🏡 Property Highlights

Substantial 1,029sqm landholding in a central Corrimal location
Existing three-bedroom cottage ready for immediate occupancy
Rare rear lane access providing future development flexibility
Previously approved subdivision plans into two separate lots
Extensive development documentation including drainage, landscape, and engineering plans
Potential for income generation with an estimated rental of $650 per week

✨ Key Features

Open-Plan Living
Outdoor Area
Garage
Waterfront / Views
Dual Living
Home Office / Study
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Extra Storage (Shed/Linen)

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56 Princes Highway

Corrimal, NSW 2518

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Suburb and Property Insights of Corrimal, NSW 2518

Corrimal is a vibrant coastal suburb renowned for its convenient access to beaches, quality schools, and transport links. It offers a relaxed lifestyle with proximity to Wollongong CBD, making it ideal for families, investors, and developers seeking growth. The area features a mix of established homes and new developments, supported by local amenities and scenic coastal views.

Frequently Asked Questions

What is the current condition of the existing cottage?

The existing three-bedroom cottage is move-in ready, providing immediate livability while offering potential for renovation or extension.

What are the future development possibilities for this property?

The property has approved plans for subdivision into two lots, with detailed documentation including drainage, landscape, and engineering plans, allowing for future development of a modern two-storey residence at the rear.

Is there potential for rental income while developing the property?

Yes, the existing cottage is estimated to generate approximately $650 per week in rental income, providing an income stream during the development process.

What amenities are nearby?

The property is conveniently located close to shops, schools, transport options, beaches, and major arterial routes, with Wollongong CBD just 10 minutes away.

Are there any restrictions or approvals required for future development?

The property already has previous development approval and documentation, including a construction certificate, facilitating a smoother development process.

What to ask about this property to agent?

Are there any hidden costs associated with the subdivision or development process? Have all necessary council approvals and permits been obtained and are they current? Are there any easements, zoning restrictions, or land use limitations affecting the property? Is the property located in a flood or bushfire-prone area? Are there any ongoing or planned nearby construction activities that could impact the property? What are the strata or body corporate considerations, if applicable? Are there any known defects or issues with the existing cottage or land? What are the total costs involved in completing the subdivision and building process? Is the rear lane access legally secured and suitable for future development? Are there any environmental or heritage restrictions affecting the property?

56 Princes Highway, Corrimal, NSW 2518 - More Details

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income | development | opportunity

Set on an impressive 1,029sqm parcel in the heart of Corrimal, this unique property combines immediate livability, income potential and future upside. Featuring an existing three-bedroom cottage, rear lane access and previous approval/documentation for subdivision into two separate lots, it offers a rare opportunity for investors, developers, builders or first home buyers to secure a flexible holding with much of the groundwork already completed.

what you will love…

> substantial 1,000sqm+ landholding in a central Corrimal location
> existing three-bedroom cottage ready to be moved in
> rental estimate of $650 p/w
> rare rear access via Joyce Lane, creating excellent future flexibility
> previously D.A approved subdivision into two separate lots
> plans prepared for a private, modern two-storey family home at the rear
> proposed rear residence includes four bedrooms, open-plan living, rumpus/theatre room and double garage
> north-east facing living and alfresco area designed to capture natural light
> extensive development documentation previously prepared, including drainage, landscape, engineering, survey, BASIX and construction certificate documents
> ideal opportunity for builders, developers, investors or buyers wanting income now and future upside
> positioned close to shops, schools, transport, beaches and major arterial access
> 10 minutes to Wollongong CBD and less than 90 minutes to Sydney CBD
> council = $2,306 pa, water = $817 pa, land size = 1,029 sqm

Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the accuracy of the information provided by our vendors, and as such, and McNeice X makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, for marketing purposes.

Type: House
Bedrooms: 3
Bathrooms: 1
Parkings: 2
Area: 1,029 m²

Map & nearby places — 56 Princes Highway, Corrimal, NSW 2518

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56 Princes Highway, Corrimal, NSW 2518

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