385 Lawrence Hargrave DriveThirroul NSW 2515
Property Details for 385 Lawrence Hargrave Dr, Thirroul
385 Lawrence Hargrave Dr, Thirroul is a bedroom, bathroom House. The property has a land size of 629m2.
Last Listing description (June 2023)
Situated on the Illawarra escarpment, just south of the Sea Cliff Bridge you will find the iconic Scarborough Hotel.
With breath-taking views, cliff top beer garden and nearly 140 years of history, this is a truly rare opportunity.
With two years remaining on the lease now is the perfect time for a new owner or operator to capitalise on the huge potential of this amazing hotel.
The site is being offered for sale by Expressions of interest
Key highlights:
Lease expires 30 June 2025 with no further options
Net rental approximately $305,667 + Turnover rental (Plus GST)
Heritage listed 614m2 building on 3,904m2* parcel of land
Fully licensed venue with no capacity limit
Purchase of business and adjoining carpark
Zoned C4 Environmental Living
The current tenant will consider selling the business as well as the adjoining 4,321m* parcel of land.
*Approx.
Property History for 385 Lawrence Hargrave Dr, Thirroul, NSW 2515
- 15 Mar 2023Listed for Sale EOI | Contact Agent
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About Thirroul 2515
The size of Thirroul is approximately 4.9 square kilometres. There are 20 parks, covering nearly 52.5% of the total area. The population of Thirroul in 2016 was 6083 people. By 2021 the population was 6348 showing a population growth of 4.4% in the area during that time. The predominant age group in Thirroul is 40-49 years. Households in Thirroul are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Thirroul work in a professional occupation.In 2021, 77.50% of the homes in Thirroul were owner-occupied compared with 77.20% in 2016.
Thirroul has 2,932 properties. Over the last 5 years, Houses in Thirroul have seen a 9.73% increase in median value, while Units have seen a 25.05% increase. As at 30 June 2026:
- The median value for Houses in Thirroul is $1,883,306 while the median value for Units is $1,219,234.
- Houses have a median rent of $1,150 while Units have a median rent of $700.
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