Sitting right on the edge of Batemans Bay Harbour, this DA Approved site is definitely Blue Chip with over $200,000 spent on car parking credits and substantial commencement. Plans approved for 5 luxury apartments, including 2 penthouses and a restaurant on the ground floor. Estimated gross yield of close to $5 million.
This is a once in a lifetime development opportunity that already has in the past, had strong interest from buyers of the finished apartments.
This is a walk up start to make serious money.