DA APPROVED SAPPHIRE COAST DEVELOPMENT SITE (MORTGAGEE IN POSSESSION)
Ray White Commercial (SC) in conjunction with Chris Wilson Real Estate is pleased to present to market a significant Sapphire Coast mixed use development site with DA approval for three luxury residential apartment buildings comprising 86 units and a 78-room 5 star hotel.
Situated on an expansive 9,975sqm* corner site at the highest point in Eden providing premium, unobstructed views across the Pacific Ocean and offering excellent amenity with a short walk to local beaches, restaurants and cafes, schools, parks and the Port of Eden.
Eden is a popular regional tourist hotspot on the Sapphire Coast due to its strategic location between Sydney, Melbourne and Canberra as well as the capabilities of the Port of Eden generating over 40 cruise ship visitations per year.
Additional highlights of the asset include:
• Site Area: 9,975sqm*
• Zoned MU1 Mixed Use
• Maximum building height of 16m
• Over 100m* of street frontage to Imlay Street
• DA Approval for three luxury residential apartment buildings featuring 86 apartments, approved for a GFA of 9,278 square metres and a 78-room 5 star hotel with an approved gross floor area (GFA) of 4,984 square metres
• Strategic location between Sydney, Melbourne and Canberra and 20km* to Merimbula Airport
• Short walk to the Port of Eden which generates over 40 cruise ship visitations per year
215-217, 221 & 223 Imlay Street, Eden is offered for sale.
For further information, please contact the exclusive selling agents below.
All purchasers are advised to undertake their own investigations in relation to the currency of the DA applications. All due diligence must be done with reference to the Contract of Sale.
* Approximately
Remember to mention you found this property on DevelopmentReady
Close
