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Batemans Bay is one of the regional areas that is booming after the fires and now Covid. The site is ideal for an astute developer to complete this well planned and designed development to sell in the present market. There is a current approval for 5X2 bedroom quality units and 2X3 bedroom terrace homes.
Estimated Returns:
Rental
2 Bedroom $375pw to $410pw
3 Bedroom $410pw to $440pw
Sale
2 Bedroom $375,000 to $410,000
3 Bedroom $410,000 to $450,000
There is a demand for new builds such as these for either rental or sale. Designed by award winning architects – “Architectsnorth” they are ideal for all buyers. Walking distance to CBD, Cafes, Shops, Clyde River Promenade, Industrial Centre, Hospital, Medical Centre. Even if you are not prepared to build now sit on it for a while and receive permanent rental income from the existing home until you are ready.
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