6-8 Jarrah Way MALUA BAY NSW 2536
By Negotiation

DESCRIPTION

A rare opportunity to secure a 1.020ha parcel of land approximately 700 m from the beach, complete with DA approval for a substantial development. With all the hard work already done, this property is hitting the market and is perfect for the savvy investor looking to tackle something bigger than a couple of units.

Imagine building a thoughtfully designed complex of 25 x 3-bedroom townhouses in a high-demand area that currently lacks developments of this scale. Conveniently located directly opposite the new Bowling Club and just a short stroll to a shopping centre offering a variety of amenities - including takeaway outlets, a supermarket, a bottle shop, a butchery, a chemist, the Abode hotel, and more - this site promises both convenience and lifestyle appeal.

Located approximately 15 minutes from Batemans Bay, Malua Bay is a pristine coastal community renowned for its spectacular surfing beaches and relaxed lifestyle. The area is predominantly developed with houses, a few duplexes, and some older unit complexes - but there are no modern, large-scale developments like this one, making it a unique and exciting proposition.

This development is ripe for off-the-plan sales, appealing to buyers looking to secure property in a popular holiday destination with growing demand for accommodation. A low-maintenance townhouse complex would attract those seeking a beachside lifestyle while offering lucrative Airbnb potential without the upkeep of a standalone home.

With a motivated vendor and a price guide of $1.6 million to $1.7 million, this is an opportunity too good to overlook. Don't miss your chance to capitalize on this premium development site in a sought-after coastal location!