$1.15M
$222,734
"We are excited to present an extraordinary residential investment opportunity two vacant blocks of land, available for sale individually or together. Block 1 offers 5,260 sqm and has direct access from both The Entrance Road and Old Tuggerah Beach Road, while Block 2 provides 5,096 sqm and is accessed from The Entrance Road, both situated in the highly soughtafter Erina Heights area. These spacious parcels are ideally located, offering exceptional potential for residential development. For commercial redevelopment this site is positioned prominently with unparalleled visibility to high levels of foot and vehicular traffic. The enviable location in Erina Heights enhances its appeal, providing easy access to key amenities and services within a thriving business ecosystem surrounded by a bustling network of businesses and new developments, a redevelopment could capitalise on the dynamic retail, wholesale, storage, art, and caf sectors. The total site combines two adjoining titles and totals more than 10,000 sqm. Provisional plans have been drawn up for the potential construction of 18 or more distinct commercial units. Ranging in size from 144 m to 324 m, these units are thoughtfully designed to accommodate various business types and sizes. These plans also incorporate 83 dedicated car spaces, ensuring convenience for tenants and customers alike. This site presents an extraordinary canvas for entrepreneurial visionaries and investors seeking to leverage its prime location through a potential redevelopment of versatile commercial units with abundant parking. To learn more or to obtain a copy of the Information Memorandum IM please get in touch."
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2016 Population
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Health Care and Social Assistance - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 9.0%
Construction - 8.0%
Others - 52.0%
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