Lot 3000 & 4000 Lamerton Crescent,
Shellharbour City Centre, NSW 2529

A rare opportunity to acquire these two adjoining strategic Council owned Properties adjacent to the Stockland Shellharbour Major Regional Centre.

On behalf of Shellharbour City Council, CBRE and MMJ are pleased to offer these rare investment and mixed-use development opportunity at Lamerton Crescent, Shellharbour City Centre. These Properties offer one of the most strategic city centre mixed-use development and investment opportunities in the Illawarra Region.

The Properties benefits from the following features:
- Location adjacent Stockland's $680m+* Shellharbour Major Regional Shopping Centre providing over 75,000sqm NLA of retail amenity at your doorstep

Lot 4000, DP 809913
- A large site area totalling 3,459sqm*
- 3,880.8sqm* total floorspace office building with lower ground retail tenancies
- 4-Star NABERS Energy Rating
- Local Government lease covenant
- Retail tenancies achieving in excess of $680/sqm gross rent (approximate) with opportunity to tenant vacant shops
- Licence to use 86 car spaces (subject to existing Deed of Covenant) within the adjacent Shopping Centre Property

Lot 3000, DP 739807
- A site area of 1,801sqm* consisting of largely vacant land
- B3 Commercial Core (Shellharbour Local Environment Plan 2013) providing for a variety of uses permitted with consent, including office premises, retail premises, shop top housing and seniors housing

The Properties will be sold via Public Auction on Tuesday, 18 August 2015 at 50 Margaret Street, Sydney NSW 2000 from 10:30am (EST).

*approx