The Apollo Resort is conveniently situated on the NSW Central Coast Highway at Wamberal.
The four star hotel was constructed in the 1980′s, this resort and conference facility is located within 5 minutes of the beautiful Wamberal and Terrigal beaches, and Terrigal’s famous cafe’s and restaurants!

- 47 room 4 star hotel
- Separate function and conference facility (2 function rooms)
- Lantern Palace Restaurant
- In ground pool, spa, sauna and tennis court
- 300 car parking spaces
- Approved plans for development of hair and beauty facility
- 2 hectares of land with potential for development
- Currently 7(c3) zoning includes tourist accommodation hotels, restaurants, and tourist units and may include a pub use (subject to approvals)
- Vendor has investigated the opportunity for further developments which could include an additional 93 new 5 star hotel rooms, a tavern and entertainment facility and upgrading of the already very successful Lantern Palace.
- Price $8,500,000 based on the 2006 net operating profit and a yield of around 12% (variable available) as a going concern.

For further details and a copy of the Information Memorandum contact:
Peter Alward at LJH Commercial – Global Retail Services
0413 626 868 or 0243 53 7700