56 Princes Highway, Corrimal, NSW 2518-Image

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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)

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

56 Princes Highway, Corrimal, NSW 2518 - Point Of Interest

Locate Near By Places of 56 Princes Highway, Corrimal, NSW 2518 On Map

Your Commute at a Glance: 56 Princes Highway, Corrimal, NSW 2518

Email Enquiry To Molenaar + McNeice

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Adam Blackmore

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Matthew Stipcevic

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56 Princes Highway, Corrimal, NSW 2518

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