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Knight Frank is pleased to present 4 Benson Avenue, Shellharbour City NSW for sale via an Expression of Interest campaign closing 4pm (AEDT) on Thursday 26th November 2020.
4 Benson Avenue, Shellharbour City offers a high-quality development of 93 apartments and 1,665 sqm* of prime commercial space set on 5,676 sqm* of land. The development is currently under development with an anticipated completion of Q4 2021.
This exceptional opportunity presents investors with the following key investment highlights:
- The development is in the vicinity of Stockland Shellharbour, Council, Tafe NSW, University of Wollongong, high performing schools, beaches, and the new Shell Cove Marina with easy access to Shellharbour Junction train station
- 1-year rental guaranteed, providing secure income post-completion
- 93 premium apartments and high-quality commercial space being offered freehold and in one line
- High demand for rented properties in this core lifestyle and growing precinct of Shellharbour City
- Under construction by renowned builder, Pupovac Constructions
- Significant depreciation with the opportunity to Strata title the development and sell down, achieving substantial gain in the future growth precinct of NSW
Shellharbour City Shores is an exciting place to capture the growing and high occupancy Australian rental market with its proximity to quality amenity, premium retail, coastal and social amenity, at its core. The development is 25 minutes south of the Wollongong CBD, the 3rd largest city in New South Wales and is forecasted to grow at an excelling rate.
Remember to mention you found this property on DevelopmentReady.com.au