Northern NSW 184 hectare masterplanned community site listed

Northern NSW 184 hectare masterplanned community site listed
Northern NSW 184 hectare masterplanned community site listed

A 184 hectare site in northern NSW with Major Project Approval is on the market.

The site has been approved for 1,600 residential lots and dwellings comprising residential, retirement, aged care, retail and commercial. 

The Bilambil Heights and Cobaki land site is located 7 kilometres from Coolangatta at the former home of the Terranora Lakes Country Club, which closed in 1996.

The vendor is Godfrey Mantle, who was a managing director and owner of Mantle Group Hospitality, and his wife Jenny Mantle, who purchased the property from liquidators 22 years ago.

Northern NSW 184 hectare masterplanned community site listed

David Higgins and James Holland of Colliers International along with Randal Wilson of Wilson Property Group are marketing the site

“The approval allows for 1,604 lots and dwellings in addition to 200 bed nursing home, which is a major project for the region and will transform the locality,” said Higgins. 

“As a former 18-hole golf course, the contours provide undulating land unique for a development of this scale.

“The current plan allows for nine precincts with a variety of housing options to be built around a retail and commercial village.

“The site is elevated with each of the nine precincts providing stunning views to the Gold Coast coastline and inland ranges. 

“Interest is expected from residential and retirement developers looking to provide much needed housing for the southern Gold Coast and northern NSW community. 

“Within 11 kilometres radius of the site there is major infrastructure development, including Gold Coast Airport’s $370 million expansion, and the proposed $582 million Tweed Valley Hospital development, which will drive growth for the region and allow it to keep up with the future demand.”

The property is being offered via an expression of interest campaign which closes 17 April 2019. 

Tags: 
New Developments Coolangatta

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