A fantastic opportunity for an astute property purchaser. This level 2543 square metre site has a prime location & all approvals & plans in place to proceed with the construction of ‘Shearwater Apartments’, a quality residential complex comprising 10 three bedroom & 6 two bedroom apartments with 33 under cover car spaces. All council contributions have been paid, construction certificates issued & written confirmation from council of substantial commencement. Consider the savings in time with the Approval process & financial credits with Council fees paid. A most appropriate development close to commercial & recreational amenities as well as the pristine waters of the Wagonga Inlet at Narooma on the south coast. The current owners have moved on & have indicated they wish to liquidate this asset. This is a unique opportunity with enormous potential & added value.