U30-32 Princes Highway, MOLLYMOOK NSW 2539
Price Upon Application (under offer)
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- 30 Jan 2017
Strategic Beachside Suburb Development Opportunity - The Joinery Estate'
We are genuinely excited to offer The Joinery Estate' Mollymook, Lot 5 and Lot 61 Princes Highway Mollymook for sale by public auction on the 21st of September 2016.
Gateway' to the popular beach front village of Mollymook on the NSW south coast. The two adjoining DA approved lots on offer are strategically located halfway between the historic village of Milton and the friendly harbour front township of Ulladulla.
Celebrated master chief Rick Stein and his Bannisters seafood restaurant at Mollymook has added to the areas prominence in recently times, in recent times, so has the upgrading of the Princess Highway from Gerringong to Nowra.
Lot 5 and 61 present an excellent opportunity for developers and investors to secure a DA approved 71 lot residential subdivision in a selling off-the plan' property market. Construction operation consent has been granted. Recent nearby land sale prices, for an average 700m2 residential lot are selling for well over $200,000 each.
Also on offer is an adjoining DA approved 6 lot Integrated Development subdivision with a potential to yield approximately 50 terraces/villas. Ideal for downsizing retirees and holiday house buyers.
The Joinery Estate' Lots 5 and 61 Ilet Street Mollymook is perfectly positioned with direct access to nearby Mollymook beach, Hilltop Golf Course, Milton and Ulladulla shopping centres.
Mollymook is a fashionable coastal holiday destination attracting Canberrans and Sydney Baby boomer retirees moving to sea change and tree change locations with the promise of a stress free lifestyle.
- Site areas; Lot 5, 6.97ha, Lot 61, 2.31ha approximately
- Popular beach front suburb
- Zoned R1 General Residential
- DA Approved for 71 lot subdivision
- DA approved subdivision for 6 lot Integrated Development sites
- 3 minute drive to the popular Mollymook beach and HillTop Golf Course
- Centrally located between Ulladulla and Milton
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
U30-32 Princes Highway MOLLYMOOK