5. 257 St Kilda Street, Brighton, VIC (Development Potential)
A rare and picturesque beachfront landholding in Melbourne’s affluent suburb of Brighton is being offered to market via Knight Frank. Managed by James Thorpe, Stephen Kelly & Langton McHarg, the 3,348sqm* site has scope to deliver a beachfront home or luxury townhouse/apartment development. Extremely well received by the market to date, this site is for sale by EOI.
Commenting on buyer enquiry, Knight Frank Director James Thorpe said, “buyer enquiry has been very strong from buyers with a wide range of foreseeable outcomes in sight for the property.”
4. Longyard Golf Course & The Mill Tavern, Greg Norman Drive, Hillvue, NSW (Development Approved)
Moore & Moore Real Estate and Tamworth Property Co (John Oehlers), JLL Hotels & Hospitality Group (Kate Macdonald) are offering a whopping 63 hectare site featuring a golf course, Mill Tavern and Development Land. The unique site has approval for a 3-hectare lot on the western side of the Golf Course with resort-style accommodation.
JLL’s Vice President, Kate MacDonald commenting, “This rare opportunity will be hotly contested by a diverse range of capital sources due to its broad range of offerings. To own 63 hectares in one of the most robust growth areas of NSW with multiple development opportunities, a hospitality venue, an income-producing 18-hole golf course, and passive income from a neighbouring MHE site, it is surely a venture worthy of significant consideration”.
The Longyard precinct is situated adjacent to the multi-million dollar ‘Northern Inland Centre of Sporting Excellence’ which is expected to attract 100,000 locals and 50,000 visitors to the facilities annually. The entrance to the Mill Tavern is perfectly positioned within walking distance from all major sporting fields.
“We expect the interest levels to be high, with the recent 50% sale of Tamworth’s ‘Pub Group’ to Oscars Hotels demonstrating the very real and strong interest in the region."
3. 10-18 Chifley Drive, Preston, VIC (Development Potential)
A significant 19,100sqm* Preston infill site is offered to market by CBRE’s Bryce Pane, Joe Brzezek, Daniel Eramo & Killen Thomas’ John Camilleri. The ‘runway’ like 115m* street frontage gives this site potential for a large industrial development. In speaking about the listing, CBRE Director, Daniel Eramo said "CBRE has experienced a high level of interest and engagement from both the development sector and prospective owner occupiers in the Chifley Drive site. Significant industrial infill development sites of this scale so close to Melbourne’s CBD are extremely rare.”
2. Berrima Correctional Centre, 24 Old Hume Highway, Berrima, NSW (Development Potential)
Offered to the market for the first time by Colliers’ Frank Oliveri, Thomas Mosca & Nick Estephen, is the 'Berrima Correctional Centre’ & ‘Berrima Gaol’. The landmark 1.9ha* site was built in 1835 and offers broad development potential (STCA). The sheer uniqueness of this site combined with a comprehensive marketing campaign has resulted in significant developer interest; and landed second on our list.
Commenting on the listing, Colliers expert Agent Nick Estephen said, “The Berrima Correctional Centre is one of the most highly anticipated properties in Australia right now, attracting interest from across the whole country and receiving publicity in over 100 different news portals/agencies. We have received enquiries from buyers in almost every single property sector with many looking to create a monumental flagship destination not only for Sydney siders but domestic and international tourists. The future of this site will dramatically enhance the already valued Southern Highlands region.”
1. 26-28 William Street, Port Macquarie, NSW (Development Approved)
The #1 most viewed development site this November is a development approved beachfront site in the gorgeous Port Macquarie. The site has been listed for the first time in over 70 years and is understood to be the last undeveloped beach-front property left in Port Macquarie. Zoned as ‘high density residential’, the site contains 2 adjoining blocks and has been approved to develop an 8 floor, ocean front apartment building containing 15 luxury apartments. Mark Thorn from Thorn Property in conjunction with Allan Levy & Zorick Tolstan from Metro Commercial are marketing the highly sought-after opportunity.
Principal of Thorn Property, Mark Thorn stated, "26-28 William Street is one of those 'once in a lifetime' development sites. Two old houses on a corner site, right on Town Beach in Port Macquarie, with a DA for 15 luxury apartments. It’s got views right up the coast and a penthouse that will no doubt set a new record for the area in terms of sale price. As a boutique agency specialising in coastal development sites, we know the development business, and we know our buyers. That’s why we partner with DevelopmentReady as our primary marketing partner because they also know the development business... and they deliver."