An incredibly rare opportunity has emerged to secure a landmark piece of real estate right in the heart of one of the South Coast's most coveted townships. Situated at the prestigious 2 Manning Street address - locally recognised by a former home of national anchor tenant CBA, this blue-chip 430sqm freehold property represents the pinnacle of commercial investment in Kiama.
Boasting a sun-drenched north-easterly aspect, the property captures sensational, uninterrupted harbour and coastal views that are truly second to none. With a sprawling 521sqm of versatile internal space, this earmarked strategic commercial asset provides immediate scale and opportunity in a highly sought-after, high-foot-traffic dual main street locale. This premium exposure location would be ideal for a hospitality and entertainment hub.
Underpinned by favourable E1 zoning, an 11m height limit, and 1.5:1 build ratio, the site offers massive potential for future uplift with existing neighbouring buildings already above this limit . Astute investors or developers will immediately recognise the scope to reimagine the footprint, whether by redesigning the current layout or capitalising on the prime zoning to create several dynamic commercial spaces (STCA).
This multi-award-winning tourism seaside town offers a majestic setting where coast and country meet. Boasting stunning natural attractions and plenty of rural charm, this idyllic NSW South Coast setting is located just a short 90-minute drive to Sydney and 30 minutes from both Wollongong & Nowra. Located right in the heart of the CBD, less than 400m walk to the train station and opposite the harbour foreshore, this property must be inspected to appreciate the opportunity on offer.
This is more than just a property; it is a legacy acquisition in a tightly held market. Trophy assets of this calibre, in this location, simply do not come to market often. Don't delay inquiring on this property before it's sold!
For a more detailed IM, contract or to organise a personal inspection, please don't hesitate to call Robert Moore on 0402 047 414 or email robert.moore@raywhite.com to discuss further.
DISCLAIMER: Ray White Kiama has taken all care in preparing this information and uses its best endeavours to ensure that the information contained therein is true and accurate, however, accepts no responsibility in respect of any errors, inaccuracies or misstatements contained herein. Ray White Kiama urges all clients to make their own enquiries to verify the information contained herein.
▶
