480 Princes Highway, Bomaderry is the gateway site to the South Coast region. The site enjoys a high profile located on the eastern side of the highway.
This site is the only absolute deep-water frontage to the Shoalhaven River and is located 500m to CBD.
Direct frontage to the Princes Highway, providing good exposure to passing traffic, approx. 40,000 car movements per day pass this site. It is the main arterial road servicing the south coast and main road to Victoria.
Site area 3,718 sq.m approx.
Waterfrontage 50m approx.
Zoning RU1 Primary Production
The site has a number of streams with solid annual income of approx. $200,000 and a Net lettable area of approx. 720 sq.m.
This property currently hosts retail food businesses with both covered and riverfront eating areas and also consists of a beautifully renovated 4 bedroom, 2 bath home and 3 bedroom flat.
Further development opportunities (STCA)
State and Federal funding has been secured to build a new North bound bridge across the Shoalhaven river. With planning work well under way and completion expected within 5 years. This site represents a great opportunity to secure a high-profile site. The bridge being replaced will be closed to vehicular traffic and open to foot and pedestrian traffic.
Nowra is located approximately 165 km south of the Sydney CBD and is a regional centre within the Shoalhaven.
It has a city-wide population of 102,000 with approx. 6% growth over the past five years.
Nowra is the business and administrative centre for the Shoalhaven City Council and Bomaderry forms part of the Nowra urban area, situated on the main northern approach to the Nowra CBD. Bomaderry is the southernmost coastal link to the NSW rail system from Sydney.
The Princes Highway (Highway 1) is the arterial road from North to South throughout the Shoalhaven. Approximately one-hour travel time to Wollongong and Port Kembla Harbour with Sydney’s International Airport just over two hours’ drive.
Varied industries operate within the Shoalhaven including Defence, dairy farming, fishing, manufacturing and high technology with continued growth in retail and tourism.
The Shoalhaven area attracts 3.8 million domestic travellers annually. It enjoys more domestic travellers than the Gold Coast.
Recent Infrastructure Investments in the region:
• South Coast Correctional Facility $130m
• Expanding Defence Infrastructure $3b
• Shoalhaven Hospital Cancer Clinic - $30m
• Major roadworks currently under construction reducing the travel time from
Sydney, Canberra and Batemans Bay include; Gerringong to Nowra upgrade
$830m, South Nowra Highway upgrade $64m, Berry to Bomaderry highway
upgrade $450m.
To request a copy of the information memorandum or receive the expression of interest document contact the selling agent Karl Poulton Professionals Nowra.
For an information memorandum and expression of interest document please contact the selling agent Professionals Nowra.
