JLL Hotels & Hospitality Group announce the campaign launch of possibly the most exciting coastal hotel development opportunity in 2023 - Corindi Beach Hotel on the NSW Coffs Coast.

Originally known as the Amble Inn, the rebranded Corindi Beach Hotel sits on an enormous 16,120sqm site located 30 minutes north of Coffs Harbour. With forecast residential growth of 25,000 people over the next 20 years, and the Coffs Harbour bypass commencing construction this year coupled with ongoing infrastructure development, the region continues to gain momentum not only as a top tourist destination, but as a first-choice residential location as well.

JLL Hotels Senior Vice President Kate MacDonald, Executive Vice President Ben McDonald and Vice President Greg Jeloudev have been exclusively appointed to manage the campaign on behalf of Kelly & Co, the privately- held hospitality arm of industry stalwart Rodney “Ned” Kelly and business partner Corey Dunn who are sighting a change in investment priorities as the key motivation for selling.

Corindi Beach Hotel generates over $100,000 per week from bar, food, gaming and a popular drive-through bottle shop – the only retail liquor offering for 10kms. Under the short tutelage of Kelly & Co. the operation has seen material improvement in trade, despite renovations and expansion options still in the planning phase and the owner residing over 600kms from the pub.

Kate MacDonald noted, “Corindi Beach Hotel is a genuine sleeping giant for coastal hospitality. This sale presents an opportunity to capitalise on genuine enhancement strategies including an approved gaming threshold increase to 20 GMEs, a modern renovation to the building interior, and the potential to build up to 40 holiday ‘villas’ which combined, is set to transform Corindi Beach Hotel into a coastal super pub.”

With the hotel market increasingly seeking lifestyle assets underpinned by tangible development and trading upside, JLL anticipate significant interest in the Expressions of Interest Campaign which closes on Thursday 12 October 2023 (unless sold prior).

To request a copy of the Information Memorandum please contact one of the JLL marketing agents via the contact details below.

Sign up here to receive PubCon newsletters and breaking news sent straight to your inbox.

Click here to view more Pubs and Taverns recently listed for sale or sold

NSW North Coast Corindi Beach Hotel for sale by JLL