Prime vacant land in Shelly Beach presents an exceptional development opportunity due to its proximity to the Shelly Beach Shopping Mall and Shelly Beach Hospital. The predominantly flat terrain offers a distant sea view, rendering it conducive to potential residential or commercial development projects. The property also allows commercial zoning, providing various possibilities for diverse development types. Furthermore, contingent upon the finalization of site plans, direct access to the mall could be established.
Given its strategic location, this property is well-suited for various developments, including a small exclusive residential estate, retirement units, step-down hospital care facilities, or medium-cost housing. The seller has undertaken extensive environmental work, and the local council has expressed the possibility of constructing a six-story complex, pending compliance with regulatory requirements.
With its strategic positioning close to essential amenities, this vacant land represents a rare opportunity in Shelly Beach. It offers significant potential for developers seeking to capitalize on the escalating demand for residential and commercial properties in the area.
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