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Cushman & Wakefield, under instruction from the Receivers and Managers appointed to Option Funds Management Ltd ATF Option SIV Real Estate Fund & the Receiver and Manager appointed to Zhao’s Brothers Investment Pty Ltd ATF Zhao Family Trust, is pleased to present for sale a 39% & a 10% Joint Venture interest (see disclaimer below) in the "Magenta Stage 4A Joint Venture", comprising the final undeveloped residential lands within the prestigious Magenta Shores Estate, an exclusive master-planned community surrounding the Pullman Magenta Shores Resort and 18-hole championship golf course on the NSW Central Coast.
This is a rare opportunity to secure a strategic joint venture interest in the estate’s last undeveloped greenfield residential land, with approvals in place for 191 lots across three stages, plus additional curtilage lands.
Key Highlights:
+ DA approval for 48 lots (Lot 30) – ready to develop, with consent extended to March 2027
+ Further entitlements for 143 lots (Lots 25 & 27) under masterplan (total 191 lots)
+ Premium golf course and beachfront allotments with exceptional coastal outlooks
+ Located on the NSW Central Coast, just 90 mins from Sydney
+ Integrated resort lifestyle with Pullman Resort, pools, gym, tennis and beach access
+ Established and tightly held estate, originally master planned by Mirvac
Magenta Shores is a premium residential and resort community offering a unique blend of golf, beach and lifestyle amenity. This sale represents the final opportunity to participate in the delivery of residential stages within this prestigious coastal estate.
Cushman & Wakefield exclusively offer for sale, under instruction from the Receivers and Managers, a 39% & a 10% Joint Venture interest in Magenta Shores comprising 290 Magenta Drive and 88, 100, 77 & 2 Pebble Beach Avenue, Magenta NSW, via Expressions of Interest closing Monday, 1 September 2025 at 4pm (AEST).
*Approximately STCA
Joint Venture Agreement Disclaimer:
The sale is subject to the existing venturer(s)' rights under the Joint Venture Agreement. Any offer will be subject to the approval of the existing venturer(s) of the Joint Venture. The purchaser will be required to either accede the rights of the Vendors pursuant to the Joint Venture Agreement, or enter into a new agreement with the existing venturer(s) of the Joint Venture.
All information in this document relating to the Joint Venture Agreement and associated rights and obligations have been provided to Cushman & Wakefield by the Vendors or their professional advisors. Cushman & Wakefield does not make any representations or warranties regarding the nature, extent, accuracy, suitability or enforceability of the Joint Venture Agreement and associated rights and obligations, and all parties must rely on their own enquiries and independent legal advice in this regard
Remember to mention you found this property on DevelopmentReady
Cushman & Wakefield, under instruction from the Receivers and Managers appointed to Option Funds Management Ltd ATF Option SIV Real Estate Fund & the Receiver and Manager appointed to Zhao’s Brothers Investment Pty Ltd ATF Zhao Family Trust, is pleased to present for sale a 39% & a 10% Joint Venture interest (see disclaimer below) in the "Magenta Stage 4A Joint Venture", comprising the final undeveloped residential lands within the prestigious Magenta Shores Estate, an exclusive master-planned community surrounding the Pullman Magenta Shores Resort and 18-hole championship golf course on the NSW Central Coast.
This is a rare opportunity to secure a strategic joint venture interest in the estate’s last undeveloped greenfield residential land, with approvals in place for 191 lots across three stages, plus additional curtilage lands.
Key Highlights:
+ DA approval for 48 lots (Lot 30) – ready to develop, with consent extended to March 2027
+ Further entitlements for 143 lots (Lots 25 & 27) under masterplan (total 191 lots)
+ Premium golf course and beachfront allotments with exceptional coastal outlooks
+ Located on the NSW Central Coast, just 90 mins from Sydney
+ Integrated resort lifestyle with Pullman Resort, pools, gym, tennis and beach access
+ Established and tightly held estate, originally master planned by Mirvac
Magenta Shores is a premium residential and resort community offering a unique blend of golf, beach and lifestyle amenity. This sale represents the final opportunity to participate in the delivery of residential stages within this prestigious coastal estate.
Cushman & Wakefield exclusively offer for sale, under instruction from the Receivers and Managers, a 39% & a 10% Joint Venture interest in Magenta Shores comprising 290 Magenta Drive and 88, 100, 77 & 2 Pebble Beach Avenue, Magenta NSW, via Expressions of Interest closing Monday, 1 September 2025 at 4pm (AEST).
*Approximately STCA
Joint Venture Agreement Disclaimer:
The sale is subject to the existing venturer(s)' rights under the Joint Venture Agreement. Any offer will be subject to the approval of the existing venturer(s) of the Joint Venture. The purchaser will be required to either accede the rights of the Vendors pursuant to the Joint Venture Agreement, or enter into a new agreement with the existing venturer(s) of the Joint Venture.
All information in this document relating to the Joint Venture Agreement and associated rights and obligations have been provided to Cushman & Wakefield by the Vendors or their professional advisors. Cushman & Wakefield does not make any representations or warranties regarding the nature, extent, accuracy, suitability or enforceability of the Joint Venture Agreement and associated rights and obligations, and all parties must rely on their own enquiries and independent legal advice in this regard
Remember to mention you found this property on DevelopmentReady
