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87-89 Ronald Avenue
shoal bay
NSW, 2315

FOR SALE - PRICE GUIDE $3,000,000

listing rooms 3
listing bathrooms 2
listing parking 2

Shoal Bay DA Approved Development Site- DA Approved for 9 Luxury Apartments with Exclusive Top Floor Penthouse

An exceptional opportunity to secure a DA-approved luxury apartment development site in one of Shoal Bay's most sought-after elevated coastal locations.
Boasting breathtaking panoramic water views across the sparkling waters of Port Stephens, this premium development site comes with Development Approval already in place for nine luxury apartments, presenting an outstanding opportunity for developers and investors to deliver an exclusive boutique residential project.

The approved development comprises five levels, with each apartment offering three bedrooms, two bathrooms and two car spaces. A standout feature of the design is the impressive full-floor penthouse occupying the entire top level, complete with an expansive private terrace and spectacular panoramic water views. Ideally positioned just moments from Shoal Bay Beach, village cafés, restaurants and the iconic Tomaree Headland, the site offers an enviable coastal lifestyle in a highly desirable location.

Development Highlights:
* DA approved boutique development for 9 luxury apartments
* Generous land area of approximately 1,151m²
* Five-level architecturally designed development
* Each apartment comprises 3 bedrooms, 2 bathrooms and 2 car spaces
* Exclusive full-floor penthouse occupying the entire top level
* Expansive penthouse terrace with breathtaking panoramic water views
* Elevated position capturing spectacular views across Port Stephens
* Private setting backing onto lush native bushland
* Contemporary coastal-inspired architectural design
* Spacious floorplans with expansive entertaining balconies
* Open-plan living and dining throughout
* Development approval already secured
* Ready-to-commence development opportunity

Outstanding Coastal Location:
* Approx. 350m to Shoal Bay Beach
* Approx. 450m to Shoal Bay Village cafés and restaurants
* Approx. 1km to Tomaree Headland walking trails
* Approx. 2.5km to Nelson Bay CBD and Marina
* Approx. 2km to Little Beach Boat Ramp

A rare opportunity to acquire a DA-approved luxury apartment development site in a premium coastal setting, with panoramic water views and an exclusive full-floor penthouse forming the centrepiece of this outstanding boutique development.

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About shoal bay

median House price

1247500

median House rent

690

suburb rental yield

2.9%

Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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