Attractive centrally located, town centre multi storey mixed use development opportunity that may be of interest to you.
We have just listed two adjacent blocks of land on Wellington Street, Umina Beach, offering a very attractive development opportunity close to all the major supermarkets (Coles, Woolworths, and Aldi) and medical centres (including UCC) and restaurants (incl McDonald's). Besides being 500 m walk to Umina Beach.
The subject properties consist of two adjoining E1 Local Centre zoned parcels (CC LEP 2022) with a combined land area of 1,074 m2 and a 24-metre street frontage.
We have full concept plans for three complete, architecturally designed development options (including full floor plans and compliance calculation tables).
Option A - 18 units in 3 storeys above commercial space and a basement car park. Fully compliant with Central Coast Council LEP and DCP controls.
Option B - 24 units in 4 storeys above commercial space and a basement car park. Fully compliant with the Housing SEPP incorporating 4 affordable housing units.
Option C - 22 units in 4 storeys above commercial space and a basement car park. Fully compliant with the Housing SEPP incorporating 4 affordable housing units.
There is sufficient information for any intended purchaser to complete their own due diligence and detailed feasibility.
The owners are open to market feedback and will consider all offers/terms as their motivation to sell is high.
Rental estimate: $700pw & $700pw totaling $1,400pw.
If this sounds like something of interest to you, feel free to reach out for more information.
John Ienna: 0421 202 383 -- Jackson White: 0432 854 221.
DISCLAIMER: We have obtained all information herein from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Some images have been digitally staged using AI technology for illustrative purposes. These furnishings and features shown in these pictures are not present at the property. These images are intended for marketing purposes only.
LOOKING TO BUY BUT NEED TO SELL FIRST? There are many options available to make this transition possible. The team at Ray White Umina Beach are here to assist and make this transition as simple and stress free as possible. Contact us to find out more.
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