Nowra Riverside Tourist Park
1 Pleasant Way, Nowra NSW 2541
PROPERTY HIGHLIGHTS
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Total site area 9,581.50 sqm*
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Caravan park & camping ground approved for 61 sites
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Potential to construct 154 room hotel (STCA)
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High profile location exposed to over 51,500 cars per day
DESCRIPTION
The Nowra Riverside Tourist Park, situated at 1 Pleasant Way, Nowra, presents an exceptional opportunity for capitalising on the strategic direction of the Nowra Riverfront Entertainment and Leisure Precinct Strategy. This vision is fortified through the endorsement of both state and local governmental bodies. The property boasts the following distinctive attributes:
Prime Waterfront Location: Positioned along the Shoalhaven Riverfront, serving as the gateway to Nowra, the site enjoys a prestigious premier waterfront position.
Diverse Accommodation Capacity: Featuring 61 fully serviced registered cabin and caravan sites, the property could be operated as is long-term expanding the current revenue streams, and or provide an immediate income stream through a Development Application (DA) process.
Comprehensive Development Plans: The property is underpinned by advanced plans for the creation of a 154-room hotel, coupled with a range of commercial amenities. This holistic approach enhances its appeal as a comprehensive and self-contained destination.
Topographical Advantage: The level topography of the site has a positive impact on construction costs and the bunded area along the waterfront protects the property from a rising river.
Optimal Solar Access: Benefitting from a perfect northerly aspect, the development ensures year-round access to solar exposure, enhancing energy efficiency and environmental sustainability.
Uninterrupted Water Views: The layout and design of the development have been strategically orchestrated to capture and preserve water views that will remain unobstructed, adding a layer of exclusivity to the offering.
Integration with Public Amenity: Of particular note is the abundance of public amenity, the property is adjacent the Nowra Wharf encouraging fishing, boating and water sports, pedestrian walking tracks, the soon to be opened pedestrian bridge, picnic areas, restaurants and open space.
The Nowra Riverside Tourist Park offers a unique opportunity, forming part of the strategic planning of the riverfront activation, diverse offerings, and a commitment to enhancing the surrounding landscape. The combination of these attributes positions the property as a focal point for both leisure and potential development, contributing to the enrichment of Nowra's riverfront.
For further information and inspections please contact the exclusive selling agent:
*approximate