Michael I am sure this is one of ours and I see it went to auction on the 7th May!!! It owed the PIF approx $58mill in mar 2007.I will try and call the agent tomorrow and make enquries if it is being marketed on behalf of WC and what the outcome of the auction was.I know Kooralbyn Seamisty:::
Property ID 5517747 Commercial Property - New South Wales - WOLLONGONGNew NSW Search
Details Photos(8) Contact Agent View Map More Commercial Property - New South Wales - WOLLONGONG Property ID 5517747
NEAR COMPLETE OCEAN FRONT HOTEL + APARTMENTSWollongong, 60-62 Harbour Street
• Near complete luxury development
• 75 residential apartments & 3 retail shops + 168 room 4.5 star hotel & 10 serviced apartments
• Extensive conferencing and F & B facilities for up to 350 delegates
• Ocean front position opposite WIN Stadium, Entertainment Centre and Golf Course
• One of the most significant development opportunities offered in Wollongong in recent years
FOR SALE BY PUBLIC AUCTION
10:30am Thursday 7th May, 2009
For more information, please contact the exclusive sales agents:Jones Lang LaSalle
Kooralbyn Resort is also on the market but I think that is not included in the 11. I understand that owes the PIF approx $50mill and we don't have security over the hotel only the land.
Another one was mentioned on here previously I think.
OCV
octaviar limited
