CEDUNA SA 5690
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- 18 Nov 2016
Rare Absolute Waterfront Subdivision Opportunity
Savills is proud to present to the market a rare absolute waterfront subdivision opportunity located at Ceduna, South Australia.
Ceduna sits atop the Great Australian Bight some 780 kilometres west of Adelaide.
The Project is exciting in both size and scope, set against one of the most beautiful coastlines in the world, on the shores of Murat Bay on the west coast of Eyre Peninsula in South Australia.
It is proposed to construct the project in stages on the 120.5 hectares to be known as Ceduna Lakes and Ceduna Marina (STCC).
The first stage, Ceduna Lakes, will include the construction of a large lake on the current wetlands together with residential and apartment blocks, upgraded golf course and tourist convention facilities.*
- 120 Lakefront residential blocks
- 200 Lakefront apartments
- Lakefront retail/commercial sites
- 170 golf course blocks
The second stage, Ceduna Marina, will comprise breakwaters, the channel connecting the marina to deep water, the internal waterways, the realignment of roads, the commercial and recreational marinas, together with the supporting infrastructure and services.
200 Waterfront residential allotments
- 150 Waterfront apartment sites
- Waterfront and retail/commercial sites
- 100 Free standing marina berths in one designated area
- 50 Bayside blocks and 35 hillside blocks
Savills are seeking offers to partner with the Vendor on the basis of a 50/50 Joint Venture or offers to purchase the Project outright.
* STCC and final approvals.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information