This parcel of land, totalling approximately 2,500 m2 is located close to amenities such as public transport, shops and beaches. Currently zoned low density residential, the new LEP will potentially see the property upgraded to medium density residential, allowing for a substantial increase in FSR. Now is the time to purchase this site and take advantage of the proposed changes.
Parcels of land as large as this are becoming rarer by the day, especially with a wide street frontage thus giving both great exposure & access. Currently operating as a country-style motel, in a prominent location 1km south of the Kiama PO and railway station. Local restaurants, shops & cafes are within walking distance. The motel currently offers a total of 18 rooms all with ensuite bathroom and air-conditioning. Continue to run the motel business as is for instant income or whilst your plans are lodged and awaiting approval with Kiama council. Perfect site for redevelopment or improvement.
Please contact our office for more information – 42 322 888