Mixed use development opportunity, superior freehold offering. Underlying development potential subject to council approval.
fantastic location benefiting from proximity to CBD and amenities.
Proposed Lot 1 Part of Lot 11 DP 1257575
- current building area approx 177sqm lettable
- rates estimate $8,298 p/a
- LV estimate $780,000
- sizable holding at 1,317 sqm
- 13 on-site parking spaces
- mixed use commercial and residential
- zone B4 mixed use
- busiest intersection in Batemans Bay located Cnr Princes Highway and Beach Road
- adjacent to McDonalds Restaurant, Village Centre shopping - precinct & new aquatic centre development
BUYING
- strong underlying development constraints with ability to add density and height
- limited competing development stock
- improvements you can lease the existing building whilst doing future approvals
- Uses: commercial offices, motel, fast food outlet, residential or service station