A rare opportunity to purchase one of the last remaining undeveloped land sites within the highly desirable beachside suburb of Kiama Downs. Kiama Downs is a coastal suburb of the town of Kiama in the Illawarra region of NSW located approximately 30km south of Wollongong and 120km south of Sydney.
The Property is situated to the immediate north of the Kiama Downs / Bombo exit of the M1 Princes Highway and runs north/south adjacent to Riverside Drive. The entire 6,798m² site, which offers substantial ocean views to the east, represents an exciting opportunity to activate an elevated parcel of R2 zoned land with the potential to yield upwards of 9 individual dual occupancy lots*.
Sites of this significance and quality do not come along very often.
*pre DA meeting with Kiama Council Development Assessment Unit (14 October 2015).
A rare opportunity to acquire a prime residential development site in a highly desirable, well established beachside suburb
An elevated 6,798m² site offering substantial ocean views, walking distance from two world class beaches
Easy access from the M1 Princes Highway - 30 mins from Wollongong / 90 mins from Sydney
Significant housing demand from both holiday makers and commuters - large target market
