6-8 Jarrah Way MALUA BAY NSW 2536
$1,850,000

DESCRIPTION

Anyone who has worked with Council on getting a Development Application for a multi-dwelling approval near the coast knows how many hoops you need to jump through, not to mention all the time involved, well I have an exciting proposition for you. This development has only been recently DA-approved, so you have five-plus years to hit the market at the time of your choice to maximise your potential profits. The plans include 25 townhouses with various layouts in a well-designed complex close to the recently redeveloped Club Malua and around a 740m level walk to the ever-popular Malua Beach and local shops, so it's perfectly positioned for holidaymakers and permanent residents alike. Malua Bay is one of the most sought-after areas in Batemans Bay, it's around a 12-minute drive to the CBD but far enough out to maintain the laid-back coastal lifestyle. There is a definite shortage of these types of developments in the greater Batemans Bay area, and Malua Bay itself has nothing quite like this as most buildings are either stand-alone homes or duplex developments, therefore I believe once under construction there would be good interest in off-the-plan sales. All the DA approvals and full working drawings are available to interested parties on request, so make your move to lock in your next development on the pristine South Coast. Contact Agent for further details. Land size 9,898sqm Council Rates $3,251.20 pa