19 PROPERTY NEWS Boutique Hardys Bay Pty Ltd have placed their Hardys Bay holding on the market through agents CBRE. The property comprising 3 lots with a total area of 2,391sqm at 58 – 62 Araluen Drive, Hardys Bay has a 35m frontage to Araluen Drive. Two retail tenencies are located on the site providing a holding income of $65,200 per annum. The site if offered with Development Approval dated 2018 and amended consent 2020 for: • 4 x retail shops at ground level, • Welness centre located on level two, • 7 x residential apartments across levels one to four, • 26 car spaces on level one • Balconies, private courtyards and terrace provided to all apartments, • Total NLA 1,461sqm. The site is zoned E1 Local Centre under the Central Coast Local Environment Plan 2022. Maximum height of 8.5 metres. This zoning permits ground floor retail/commercial and upper level residential shop top housing as well as hotel/motel accommodation. The sale process is via a Expressions of Interest closing Thursday 4th July 2024 by 4.00pm, For more information contact Nicholas Young at CBRE on 0452 486 904 or email nick.young1@cbre.com Hardys Bay development site on the market An undisclosed buyer, said to be a Sydney based religious group, has bought the Salvation Army’s former Drug Rehabilitation Centre property at 1467 Dooralong Road, Dooralong paying $10 million plus GST. The property is zoned RU2 Rural Landscape and comprises 345ha with a 665 metres frontage to Dooralong Road in the Dooralong Valley with RU2 Rural Landscape zoning. It comprises a central building with 20 hotel suites, conference and function centre and dining room/restaurant plus 45 x 2 bedroom cottages located around the property. Other features include: entertainment facilities such as a Gymnasium, Dams, Golf, Pools, tennis courts, volleyball, animal sanctuary and a Wildlife sanctuary. The property was listed for sale by Expressions of Interest in April with a closing date of 1 May through Nicholas Young from agents CBRE. CBRE reports that they received over 110 enquiries for the property and six offers. The Salvation Army acquired the site in 2009 paying $6.6 million. Hardys Bay showing Araluen Drive development site – outlined Dooralong property Undisclosed religious group buys Dooralong property Get results! For further information phone 4367 0733 or email info@ccbusinessreview.com.au ADVERTISE YOUR PROPERTY IN CCBR CENTRAL COAST BUSINESS REVIEW JUNE 2024
RkJQdWJsaXNoZXIy MTI3ODI1