The subject property is located on the southern side of Shoal Bay Road, between Government Road and Tomaree Road, within the high density residential and retail precinct of Shoal Bay. The property is located in a highly coveted waterfront location, directly opposite Shoal Bay Beach and is within close proximity to both Ramada Resort and Shoal Bay Caravan Park.
Bay Village is a strata-titled Neighbourhood Shopping Centre occupying the entire ground floor of a mixed-use development at 51 Shoal Bay Road, Shoal Bay. The Centre is anchored by an IGA supermarket and is complimented by six specialty tenants including a real estate business, fashion boutique and newsagency to name a few. There is one tenancy on a short term lease as well as two vacant tenancies. The Centre is made up of fourteen individual strata lots extending to a total of 789 square metres which is being offered for sale in-one-line. There are also fourteen (14) basement car spaces included on title.
Internal Strata Area - 789.50sqm (approx.).
Total Strata Area - 982.60sqm approx. (including car parking)
Zoned B2 Local Centre under Port Stephens Local Environmental Plan 2013
For Sale by Public Auction Thursday 23 March 2017 at 10.30am | Novotel, 5 King Street, Newcastle