135 Tuggerah Parade Long Jetty NSW 2261

DA Site With Potential 10% Returns From Existing Caravan Park
Prime 4474m² site over 2 titles.
Directly opposite scenic Long Jetty foreshore.
Zoned E1 local centre with 1.5 to 1 floorspace ratio, and allowing commercial/residential usage.
Excellent potential for major seafood market restaurant, functions centre, plus shop top residential apartment.
Currently operating as existing caravan park for 12 self-contained cabins, fully leased on a permanent basis and providing a strong income stream pending redevelopment.
Current leases returning approximately $234,000 per annum with management in place.
Great opportunity to acquire a waterfront DA site with holding income and excellent redevelopment upside for a quality mixed use, commercial or residential project.
Waterfront Commercial/Residential DA Site With Potential 9% Plus Returns From Existing Caravan Park

-For all financials and tenancy schedules, email agent Bruce McLachlan.

(E&OE) Please note that all information, herein is gathered from sources we, McLachlan Partners believe to be reliable. Computer images, photos, plans, drawings, maps etc are indicative only. McLachlan Partners cannot guarantee its accuracy and any interested person/s should rely on their own enquiries.