PREMIUM LOCATION, PROVEN RETURNS AND DEVELOPMENT UPSIDE
AUCTION
Positioned in the absolute heart of Nelson Bay’s town centre, this rare level 645m² parcel combines current income, future flexibility, and location brilliance in one exceptional investment package.
Strategically zoned E1 – Local Centre, this site is designed to support a variety of uses including retail, office, community, residential, or mixed-use developments (subject to council approval). Whether you’re looking to develop now, land bank for future capital growth, or hold a stable, income-producing asset, this opportunity offers significant upside with minimal risk.
Currently improved with a well-maintained commercial building, the property is leased to a secure, long-term tenant who has established roots in the local community. This provides a reliable passive income stream from day one, with future flexibility to redevelop or repurpose the site as demand continues to grow.
Investment Highlights
Central Location: Prime town centre position, surrounded by major amenities and retail
Level 645m² block: Easy-to-develop parcel with wide street frontage
Secure Long-Term Tenant: Quality commercial tenant in place, ensuring immediate cash flow
Flexible Zoning (E1 – Local Centre): Permits a wide range of future uses including:
* Shops & offices
* Medical or consulting rooms
* Mixed-use residential/commercial buildings
* Child care, wellness centres, or community facilities (STCA)
High-Growth Corridor: Nelson Bay is experiencing strong population, tourism, and infrastructure growth.
Lifestyle Appeal: Located within walking distance of beaches, marina, restaurants, and tourism precincts.
* More internal photos available on request.
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