DA-Approved Coastal Development in One of NSW's Fastest-Growing Lifestyle Regions
We are pleased to present a rare and highly strategic development opportunity in the thriving Shellharbour Village precinct - a fully DA-approved residential project at 27 Addison Street. This site offers investors the chance to capitalise on a tightly held coastal market with strong demand for boutique, design-forward living.
Project Overview:
• Address: 27 Addison Street, Shellharbour
• Zoning: E1 - Local Centre
• Site Area: 589.45m²
• DA Approved GFA: 883.2m² (FSR 1.49:1)
• Approval: Development Application approved for 9 luxury apartments + 18 secure parking spaces
Approved Scheme:
• 9 residential apartments across three levels
• 6 x 2-bedroom residences (75-79m² internal)
• 3 x 3-bedroom residences (108m² internal)
• Generous balconies and private outdoor spaces
• Basement parking for 18 vehicles, including 4 visitor spaces
• Ground-level communal open space and adaptable unit design
•Architect: Couvaras Architects - award-winning contemporary design with sustainability and lifestyle at its core
Location-Driven Demand
Shellharbour is rapidly evolving into a high-demand lifestyle hub with continued population growth, infrastructure investment (Shell Cove Marina, new retail precincts), and limited supply of premium boutique apartments. This development is positioned just steps from:
• Shellharbour Harbour & South Beach
• Vibrant café strip and village shops
• Public transport and major arterial links
• Shell Cove Marina Precinct
Strong Project Fundamentals
• Boutique scale: Limited supply of high-end units ensures exclusivity and buyer appetite
• Efficient design: No wasted space, highly sellable apartment mix
• No major heritage or view constraints, with neighbouring developments complete
• Adaptive housing component included to future-proof compliance and market appeal
Financial Upside
• Comparable new stock in Shellharbour trades at a premium with increasing buyer interest from downsizers, lifestyle seekers, and investors
• Potential for strong presale interest and build-to-sell returns
• Flexible resale strategy: boutique apartments well-suited to both owner-occupiers and the long-term rental market
Development Offering
• We are offering the site and DA plans for sale to an investor or developer ready to move quickly in one of the Illawarra region's most tightly held locations. Full design documentation, area schedules, and compliance reports available.
This is more than just a development site - it's a chance to deliver a lasting, high-quality project in one of NSW's most exciting coastal markets.
Expressions of interest are to be submitted via solicitor by the 30th May 2025
