5-7 Bennett Street, Hawks Nest, NSW 2324

Ray White Commercial (SC) is pleased to present this prime DA approved development opportunity along one of New South Wales most spectacular beaches. This opportunity will be offered for sale via Expressions of Interest closing on Wednesday, 6 December 2023.

The site is located just 150 metres* to Bennetts Beach and situated on 2,903 sqm* of land DA approved for 25 x 3 bedroom apartments. This location offers the perfect setting for a beachside lifestyle, just a short 1 hour drive from Newcastle and conveniently located only 2.5 hours north of Sydney*.

Given the robust demand and limited supply of new apartments, this property represents a major development opportunity in the rapidly expanding Mid Coast region of New South Wales.

For the discerning developer, there is an enticing opportunity to enhance the project's density and capitalise on short-term holiday rentals^.

Property highlights:

• Amalgamation of 5 lots

• DA approved for 25 x 3 bedroom apartments

• Site area 2,903 sqm*

• Zoning MU1 Mixed Use

• FSR 1:1

• Height Limit 12 metres

• Increase the density of the site^

• 150 metres* to Bennetts Beach

• 1 hour north of Newcastle*

• 2.5 hours north of Sydney CBD*

The property is offered for sale via Expressions of Interest closing Wednesday, 6 December 2023 at 3:00pm (AEDT).

For further information, please contact the exclusive selling agent below.

* Approximately

^STCA

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