The Coraki War Memorial is a brick monument, painted white. Black stone plaques are attached to the side of the base, bearing dedications and an honour roll.
The memorial was unveiled on Anzac Day, 25 April 1940. A detailed account of the event was published in the Northern Star on 27 April. Mrs H.C. Cardow of 'Mynumi', Coraki, performed the unveiling and Rev. W. Hunter Howatson (Presbyterian) dedicated it. At the time, names had been inscribed based on records from the local RSL sub-Branch. Mr A. Apps, patron of the sub-Branch, asked the crowd to inspect the names and report any that had been omitted, so they could be added later.
On 17 May, The Richmond River Herald and Northern Districts Advertiser published a list of names that had been provided, and Mr J.F. Brayley, honorary secretary of the sub-Branch, appealed to the public to check the names.
A second unveiling ceremony was held at the memorial on Remembrance Day, 11 November 1954, to unveil the plaques bearing the names of Coraki and District men who had paid the supreme sacrifice. Mr W.N. McPherson a veteran of two wars, and Mr E.T. Sheridan unveiled the plaques. Mr McPherson was also the first president of Coraki Returned Servicemens League (Northern Star, 16 November 1954).
Various commemorative services are held at the monument in Coraki Memorial Park throughout the year.