Project Description

Project Details

2A Myamba Parade Surfside NSW 2536

“The private Core Asset Development Pty Ltd has swooped on a major beachfront land holding in the NSW tourism hotspot of Batemans Bay, and is planning a luxury apartment and hotel complex.

The company is looking to cash in on surging regional tourism and the sea-change market, which has turbo-charged residential property prices.

CAD has snapped up the prize parcel of 10,300sq m and will develop a residential and eco-tourism project in the northern precinct of the town-ship.

The parcel of land at 2A Myamba Pde at Surfside  fronts two beaches and has development approval for CAD to create a five-star eco-tourism resort, with construction expected to total $30m.

CAD plans to create 22 apartments and townhouses and a glamping operation, as well as restaurants, bars, a conference and wedding centre and a 65-room hotel.

The acquisition and planned development follows CAD commencing the first stage this month of a $100m four-tower complex in Eden, to be known as The Sapphire of Eden, as well as the refurbishment of the cently acquired Australia Hotel in the city’s centre.

CAD director Mark Toma said there was a unique opportunity to put Batemans Bay on the five-star tourism map with a top quality hotel, function centre, and luxury accommodation. ‘We are especially keen to create a glamping operation, as the position is perfect for couples and families to enjoy a pristine, private setting on two beaches with boardwalks and nature trails in the area,’ he said.

CAD intend to call the resort The Sapphire Batemans and is expected to kick off mid-year.

Mr. Toma said both projects would give the South Coast a much-needed private-sector shot in the arm, generating jobs and economic growth in the area through tourism.”

 

Accomodation comprises of:
1 x 3 Bedroom managers residence
2 x 2 Bedroom disabled units
2 x 2 bedroom units
18 x 3 bedroom units
17 Tents

Approximately 10,312 SQM (1.0312 Hectares – 2.5481 Acres)

We took advantage of the rare opportunity to acquire this beautiful parcel of land with an activated DA in place as an Eco-Tourism Development.

Located in the Batemans Bay suburb of Surfside and only a short drive from the Princes Highway, this property is within reach of the South Coast’s finest beaches and beautiful national parks and state forests.

ECO Tourism Development Site
Frontage to Surfside Beach and Cullendulla Beach
Joins Cullendulla Creek Nature Reserve
Positioned behind Hawksnest Headland
Cullendulla Track meanders right past this beautiful holding
Approximately 150 KM to Canberra, 280 KM to Sydney
REX Airlines services Batemans Bay with regular flights from Moruya Airport to Sydney
PLUS GST IF APPLICABLE