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PRICE GUIDE $7.1m
On behalf of the vendor, Ray White Coffs Coast has the exclusive pleasure to offer a rare & significant opportunity to develop a DA Approved Over 55's Living Beachside Village situated on a 24 acre land holding on the northern beaches of the Coffs Coast.
• The Development Approval showcases;
• 34 Residences
• 15 Holiday Cabins
• Office Building
• Restaurant
• Swimming Pool
• Club House
The DA has seen substantial commencement with the construction of a display duplex in addition to the earthworks and infrastructure throughout the site. The duplex showcases two modern 3 bedroom, 2 bathroom, air conditioned residences with outdoor entertaining and single lock up garage, they are ready for your inspection.
The allotment has three street frontages plus the original 3 bedroom home (Whitton Place, Mullaway Dr, Darkum Road) that allows the plan three convenient entry/exit points.
With all of the complex preparation work complete, all that's needed is to finish off this development and reap the return from this lucrative investment.
The property is positioned in Mullaway, a quiet village within walking distance to the beach making this a highly desirable area for retirees to purchase. Mullaway is located on the popular northern beaches of the Coffs Coast and renowned for its relaxed coastal lifestyle and pristine beaches.
• approximately 6 kms North of Woolgoolga
• approximately 28 kms North of Coffs Harbour
• approximately 560 kms North of Sydney
• approximately 350 kms South of Brisbane
Senior communities are in high demand due to the combination of an ageing population and popularity. Retirees are discovering the joys of a "lock-and-leave" lifestyle - downsizing to a comfortable, conveniently sized home offering secure, low maintenance, stress-free living that enables exploration and travel.
• Coffs Harbour's population was noted as 78,759 (2021 Census)*
• 36.5% of Coffs Harbour's population are over 55*
• Coffs Harbour's population was predicted to increase to 80,452 by June 2024**
For further information about this incredible opportunity, please contact Russell Snedden of Ray White Coffs Coast on 0402 873 373.
* 2021 Census - Australian Bureau of Statistics
** https://www.population.net.au/coffs-harbour-population
Disclaimer: All information disclosed herein has been provided from sources we believe to be reliable however we cannot guarantee its accuracy. It is respectfully advised that interested parties carry out their own due diligence.
42 Beach Street, Woolgoolga NSW 2456
Call Russell Snedden on
0407710312
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