5 Memorial Drive, Shellharbour City Centre, NSW
Sold | Contact AgentDA Approved Hotel/Motel and Commercial
Positioned in the heart of Shellharbour City Centre, this substantial property presents an exciting opportunity to secure an established hospitality asset with significant future development potential.
- 31-room hotel incorporating commercial areas and a rooftop bar
- 26 basement car parking spaces
- Three street frontages providing excellent exposure and accessibility
- Adjacent to Civic Plaza, Central Hotel, Event Cinemas and Stockland Shellharbour
- DA plans and architectural drawings available upon request
Significant Future Planning Potential
The property is currently within the post-exhibition planning stage of proposed amendments that seek to increase the maximum building height from 15 metres to 59 metres and the Floor Space Ratio (FSR) to 3.6:1.
If adopted, these proposed planning changes could provide significant additional development capacity and unlock further value through future redevelopment, subject to planning approval.
An outstanding opportunity for investors, developers and hospitality operators to capitalise on a strategic position within Shellharbour's growing City Centre.
5 Memorial Drive, Shellharbour City Centre, NSW
Sold | Contact Agent