PRIME COMMERCIAL OPPORTUNITY - SOUTH COAST

Perfectly positioned within Ulladulla's prime business district, the Riveria Arcade offers a rare commercial development opportunity. Positioned on a large allotment of 1065m2, there is potential for future development (STCA) that would afford stunning harbour views.

Currently, consisting of a retail arcade with 5 tenancies, the complex boasts expansive Princes Highway frontage, direct access to Council carpark plus rear lane access and an amenities block. Located directly opposite the Woolworths shopping complex and with tenancies currently in place, there is an immediate return on investment with an incredible opportunity for developers and investors.

Subject to Shoalhaven Council's Planning Controls (Shoalhaven Local Environmental Plan 2014) the following development options offer a unique opportunity for future development with a potential mix of residential and commercial (STCA): B3 Commercial Core Zoning offering possible alternative uses (subject to council approval), Existing Building Size 360m2 (approx), Land Size 1065m2 (approx), FSR 2:1, Height Limit 11m Potential to increase floor area to 2130m2 (approx).

Developed and tightly held by a local family, this key commercial property is being offered for the first time.

Features:
• Prime Ulladulla CBD location
• Development opportunity for mixed commercial/residential (STCA)
• Potential for future harbour views
• 5 commercial leases in place with excellent tenants
• Adjacent to council carpark
• Rear lane access
• Amenities block

Disclaimer: All information contained herewith is provided by third parties. We have obtained this information from sources we believe to be reliable, however we cannot guarantee its accuracy. Interested parties should make their own enquiries.

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School catchments

Ulladulla High School Secondary 7-12 Government 0.39km
Ulladulla Public School Primary K-6 Government 0.67km
Milton Public School Primary K-6 Government 6.2km
St Mary's Star of the Sea Catholic Primary School Primary K-6 Catholic 6.7km
Sussex Inlet Public School Primary K-6 Government 23.6km
St Georges Basin Public School Primary K-6 Government 31.0km
Sanctuary Point Public School Primary K-6 Government 31.6km
Jervis Bay School Primary K-6 Government 33.0km
Tomerong Public School Primary K-6 Government 35.4km
Vincentia High School Secondary 7-12 Government 35.8km
Vincentia Public School Primary K-6 Government 36.5km
Huskisson Public School Primary K-6 Government 40.0km
Trinity Grammar School Field Studies Centre, Woollamia Campus Combined Independent 42.0km
Falls Creek Public School Primary K-6 Government 45.1km
Batemans Bay Public School Primary P-6 Government 45.8km
Callala Public School Primary K-6 Government 46.0km
Nowra Hill Public School Primary K-6 Government 47.9km
Batemans Bay High School Secondary 7-12 Government 48.2km
Nowra Christian School Combined K-12 Independent 52.2km
St John the Evangelist Catholic High School Secondary 7-12 Catholic 52.9km
Shoalhaven High School Secondary 7-12 Government 52.9km
Nowra High School Secondary 7-12 Government 55.7km
Nowra Anglican College Combined K-12 Independent 57.1km
Bomaderry High School Secondary 7-12 Government 58.5km
St Peter's Anglican College - Broulee Combined K-12 Independent 60.4km
Carroll College Secondary 7-12 Catholic 61.3km
Braidwood Central School Combined K-12 Government 61.9km
The Scots College, Glengarry campus Secondary Independent 70.2km
Moruya High School Secondary 7-12 Government 71.8km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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