Nowra has been at the forefront of several major regional projects in recent years, including the Nowra Hospital redevelopment and the Nowra Bridge Project. Positioned within the upcoming Foreshore Activation Precinct, which will enhance the development potential of the area, this site is perfectly situated to take advantage of future growth.
Located with high visibility on Princes Highway, offers a unique opportunity to secure an expansive 8,112m²* site ahead of the Foreshore Activation Precinct's release, which will significantly boost its development potential.
The site features a single-level commercial building with a modern open-plan office fit-out which is currently tenanted, providing immediate income. There is also a vacant restaurant space which has leasing opportunity. The building offers 485m²* of net lettable area (NLA) across both spaces.
The property is home to historic Graham Lodge. This 2-storey heritage-listed building built in 1860 is set on a gated 2,000m²* section behind the main office building is registered on the State Heritage Register and Graham Lodge offers incredible character. The building will require both internal and external restoration to return it to a leasable state.
EOI | Closing Thursday 7 November, 4PM AEDT
Property highlights:
• Total land area: 8,112m2*
• Zoned MU1 Mixed Use
• Site offers maximum exposure to Princes Highway
• Ideally situated 1km* to Nowra Hospital and 2km* to Nowra CBD
• Heritage listed Graham Lodge
• Commercial building offering 485m2* NLA over two units
• Office space provides immediate income with increase potential
*Approx.