Issue 39 | The Property Development Review

Featured News

MOST VIEWED DEVELOPMENT SITES OF 2022 2022 has been a massive year for Australian property development. As a wrap-up, we thought we would share the ten most popular development listings over the past year – specifically properties that garnered the most views and agent enquiries.

1 110 Lodges Road, Elderslie, NSW

3 Hook Island, Whitsundays, QLD

This development site in Elderslie was our most popular listing of the year. Providing the opportunity to secure a rare development site comprising both residential and commercial, this development allowed the buyer to make an impact in the newly established suburb of Elderslie. Not to mention this site has the only commercial land in Elderslie, with over 6.18 hectares of land. This NSW listing was one of the last remaining development opportunities in Elderslie and allowed the developer to capitalise on the growth in Sydney’s housing market. 2 Whitewater Terrace, Lake Cathie, NSW

This listing proved to be an exclusive opportunity to acquire Hook Island Lodge – a 9.3-hectare slice of the uninhabited and visually stunning Hook Island with development approvals to deliver Australia’s next luxury lodge. This dream of the development site is located on the south-eastern side of Hook Island, the site offers two private beaches with over one kilometre of absolute water frontage and sweeping views over Hook Passage and the turquoise waters of the Great Barrier Reef. 4 2-12 Campbell Parade, Bondi Beach, NSW

Our second highest ranking listing is situated in Lake Cathie, NSW. Set in an enviable location, approximately 100 meters from Rainbow Beach via nature reserve boardwalk to 10 km of pristine beach, 20 minutes to Port Macquarie airport and 15 minutes to the town centre, these 17 vacant blocks are in a tremendous location. Approximately 4 hours to Sydney, 5 hours to Queensland and 2 hours North of Newcastle, these terraces are low maintenance design with views down the coast to Middle Brother Mountain. Providing the ultimate lifestyle and opportunity to the lucky developer of this site.

This site represents one of the largest sites offered to the market in decades. Not only is this one of the largest sites, but it also provides an exceptional development opportunity in a gateway position overlooking the world-famous Bondi Beach. The buyer of this development obtained multiple freeholds with diverse cashflow including the famous Noah’s Backpackers; 260-bed backpackers, 5 retail shops and an adjoining building of 6 beach-facing apartments and additional retail tenancies.

12 –February / March 2023

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