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33 Magnus Street Nelson Bay

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Description

Existing Hotel with Development Potential

 

LOCATION OVERVIEW

Marina Resort is ideally located in the premier tourist destination of Port Stephens, overlooking Nelson Bay Marina. The Marina Resort project is the redevelopment of the existing hotel. The redevelopment will be the creation of a new exciting luxury lifestyle resort hotel, with a strategic mix of hotel and apartment style accommodation.

 

The existing 44 room hotel is well operated with solid occupancy rates, and good profits. The Marina Resort Project is approved for 93 new luxury serviced apartments including conference and restaurant facilities.

 

DEVELOPMENT POTENTIAL
DA Approval for 93 apartments:
– 4×1 bedroom
– 60×2 bedroom
– 24×3 bedroom
– 4×4 bedroom penthouse

AGENT CONTACT DETAILS

-for access to Due Diligence Material and to arrange an inspection of the site, please contact the agent Motion Real Estate below:

Brian Kim | 0401 551 910
Briankim@MotionRealEstate.com.au

 

 

Additional Details

  • Site area
    6693m2
  • Suburb
    Nelson Bay

Location

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