COASTAL DEVELOPMENT OPPORTUNITY^

Ray White Commercial (SC) in conjunction with Ray White Tanilba Bay is pleased to present to market this blank canvas development site^ in Tanilba Bay, one of the last remaining vacant land opportunities on the Tilligerry Peninsula. This substantial development opportunity will be offered for sale via Auction on Tuesday, 30th August 2022 unless sold prior.

With a 46m* street frontage on President Wilson Walk, this site is situated at the gateway to the Tanilba Bay town centre and is conveniently opposite a local village shopping precinct. The property has a flexible B2 zoning offering a blank canvas suitable for a range of development outcomes, including multi-dwelling or shop-top housing and a range of business uses.^

Tanilba Bay offers a coastal lifestyle opportunity just 2 hours north of the Sydney CBD and less than 30 minutes to Newcastle.

Additional highlights of the asset include:

• Land size - 765sqm*
• Street frontage - 46m*
• Corner position
• B2 Local Centre Zoning
• Strong residential development demand with an existing vacancy rate of 0.6%
• 27.5% population growth forecast by 2041 for the Lemon Tree Passage - Tanilba Bay precinct
• Multi dwelling opportunity^
• Flexible settlement terms offered

The property will be sold via Auction on 30th August 2022 at 10:30am (AEST), unless sold prior. The Auction will be held online and at AuctionWorks located on Mezzanine Level of 50 Margaret Street, Sydney NSW.

For further information, please contact the exclusive selling agents below.

* Approximately
^ S.T.C.A

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