10 Jungarra Crescent (Cnr Ocean Drive),
Bonny Hills, NSW 2445

* A unique commercial development site positioned with frontage to a main road and offering a land area of 4,604 sqm approx.
* Existing commercial improvements include a 488 sqm approx single level neighbourhood shopping centre of brick and tile construction.
* The building comprises 5 separate tenancy areas with covered walkway and outdoor areas.
* The tenancies range in size from 62 sqm approx to 108 sqm approx and could possibly be combined to create a larger tenancy [STCA]. Other improvements to the site include concrete hardstand, driveway and parking areas primarily to the rear of the site.
* The remainder of the site is cleared and suited to further development [STCA].
* A Development Approval for new neighbourhood shopping centre was granted by local council in February 2008 for the demolition of the existing neighbourhood centre and construction of a new centre with mixed retail, commercial and medical use.
* The consent is in place for five years and includes a potential nett lettable area in the order of 1,538m² inclusive of 540m² supermarket, 798m² of specialty stores ranging in size from 33m² to 100m², medical centre of 120m² and chemist of 80m² (all approx.).
* This site is the only commercially zoned land in Bonny Hills under the current LEP which presents a strategic development opportunity for an investor or developer.