Seniors Housing Development Site
Commercial Collective are proud to act as exclusive agents in offering this unique retirement village or seniors living site to the open market. The site, part of which was formerly known as Colonial Ridge Resort, is located at 4 Fleet Street, Salamander Bay and together with the adjoining 8 Fleet Street Salamander Bay, present a rare beachside seniors housing development opportunity.
The opportunity consists of two adjoining properties at 4 and 8 Fleet Street of 26,300 sqm* and 33,302 sqm* respectively. The front elevated lot at 4 Fleet Street presents stunning views from Wanda Beach across Salamander Bay, and has current permissible uses as a holiday park consisting of single storey moveable dwellings and a seniors housing approval.
The rare adjoining block at 8 Fleet Street is a split zoning; zoned partly residential and partly environmental, the site has a current Development Approval for the creation of a 78 metre Asset Protection Zone and associated vegetation removal over the site, creating the opportunity for further development and allowing for more bulk and scale at the front of the site. In addition, the DA allows for the creation of one lot.
For Sale by Expressions of Interest closing Thursday 18 June 2020 at 4:00pm