Rarely does this opportunity arise to purchase a coastal parcel of land of this size and location with such a diverse range of future potential.
Having been tightly held for decades, this property has provided the owners exceptional returns. The opportunity now exists for the right purchaser to realise its full potential.
This fantastic opportunity to secure a rare going concern or development site, will allow the successful purchaser to capitalise on Kiama's growing popularity. The site also has the opportunity to utilise a DA for a development consisting of residential and commercial lots - the options are all there for the savvy investor or astute business opportunity.
Frontage: Approx. 60m of main street frontage.
Zoning: Currently zoned 3(A) general business and allows for redevelopment for commercial/residential on a 1.5 to 1.0 floorspace ratio.
Size: Total land area approx 2,151.6 sqm 59.725 sqm x 35.66 sqm
Location: One of the most prominent retail locales in the Kiama CBD.
Sale process: Expressions of Interest - Closing Date 28 Feb 2020. Please refer to the IM for sales process and timing information
Information Memorandum available upon request.
Contact Jason Taylor or Tony McGinley for an I.M. or more information, or to arrange a site inspection.
Due to the current global health scare, we ask that if you are unwell, have been overseas or in close contact with a confirmed case of COVID-19 in the last 14 days, that you please don't attend our inspection and we would be more than happy to accommodate you by arranging a private inspection with you are a later stage.
