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Property Features


Property ID: 2545310

Land Size
2600.00 m2

OUTSTANDING DEVELOPMENT SITE


We are under instructions to sell.

A fantastic opportunity to purchase a DA approve site for 48 apartments in the very heart of The Entrance.
Two and three bedrooms large terrace and balcony areas, security vehicle accommodation infinite DA with LGA recording substantial commencement has been achieved.

Within walking distance to all the towns facilities and amenities, these apartments will have high market appeal, providing a good product in a very highly sought after location.

The Entrance is a major coastal town in the Central Coast region and as such has been a popular destination for many generations of families over many years due to its unique lifestyle and abundant natural beauty.
Right now the area is witnessing dramatic increases in apartment purchases as they search for an affordable sea change address.
The market period we are now entering is the preface stage of our for the coming apartment resurgence.
We have evidenced excellent recent sales figures for apartments on the eastern side to such an extent that median unit price yields are at approximately $541,000.
This trend will definitely continue as we take advantage of an over zealous sydney market with fierce competition which is in turn which is in turn impacting on our apartment market