70 Frederick Drive

Oyster Cove NSW 2318

:: Close to Amenities

Totally private and off market, we are selling it as a raw site, Money Making Venture, We are offering this 400 meters of deep water frontage which is a super proposal prime spit and currently this
property is an existing Maritime Business, currently offering maintenance, boat building, boat repairs, plus other services.
3 lots including house and sheds which is one of the largest in the area.
This property currently turns over $2 million per year, over $350,000 per year profit, with the potential for greater growth and the owners wish to sell this rare working waterfront operation and retire.
The new Scheme has full support of the State planning & Council will be offering with prime jetties, & boating facilities, Town Centre That Includes Water front restaurants, Retail outlets, Town Square, Marina, Yacht Club, Commercial offices, Water Front Terraces, over 94 residential house lots, plus between 90 to 180 units, Subject to building height limit, whether council agree to 3 level or 5 level heights, plus over 200 Boat births facilities on the marina, STCA, this type of exclusive resort, is a very rare offer, site had been with the same family for over 100 years, now time to move on due to personal reasons, never been offered before, Located on the edge of the Karuah River, Also another parcel of land available adjoining 15 acres part is affected by overhead Electricity easement, totally off market, Potential change of zoning to build high rise or town houses residential, Maritime uses, This site will offer similar site seeing as Nelson bay, whale & Dolphin Watching, Port Activities, Commercial Marinas, large fishing facilities,
Business can be increased greatly but the owners are now are elderlies, Located on the edge of the Karuah River & the Twelve Mile Creek, & The Cove Mariner, close to the Lemon Tree passage, top development site only 32 Km from Boat harbour & Fisherman’s bay & the Ocean & the beach, From Nelson Bay 7 Soldiers point, 1^Km from Newcastle Airport, 180 Km from Sydney, Tanilba Bay Village and shopping centre and all activities are 7 KM away,
Excellent location, on the River Edge Close to the beach and ocean, Close to Golf Course, Sailing Club, Look Outs, Popular local Points,
Close to all amenities, shopping centre, schools, main Roads, airport, top golf courses, best beaches, restaurants, cafes, entertainment and business centres.