Tea Gardens is a popular tourist mecca and rapidly growing coastal suburb on the northern shores of Port Stephens only 2.5 hours drive north of Sydney.

This unique level site with two street frontages provides opportunity for many varied developments however has current D.A approval for luxury resort styled apartment and retail space.

Set directly opposite the marina, overlooking the bay and river, and adjacent to the popular shopping and restaurant strip is this level building site, with DA approval fro 36 luxury apartments and 3 commercial/retail suites. Site area 3,673m².

* Approval for 1x 1 bedroom apartment, 11 x 2 bedrooms and 24 x 3 bedrooms
* Apartments range in area from 55m² to 181m² with views over the bay
* Access across the road to private Jetty and deep water frontage
* Across bridge to beautiful Hawks Nest beaches and Port Stephens
* Double street frontage provides easy access and exceptional design
* Shops, restaurants, hotel, lap pool, all within easy walking distance

This is an incredibly rare opportunity to build luxurious apartments on waterfront reserve land, where you can watch dolphins swim by, walk across the road to fish or catch a boat to Nelson Bay. This is a never to be repeated development opportunity and we have approved plans and full information memorandum available for your perusal upon request.

Our vendor wants this its sold before xmas and has asked we submit all offers. Do not miss this unique opportunity.

Auction Details:
Tuesday 11 December 2012 @ 10.30am
Mezzanine, 50 Margaret Street SYDNEY