A well-known Bomaderry property is set to go under the hammer.
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The Bomaderry RSL Club, at 5-11 Bunberra Street, will go to public auction on site on Wednesday, June 1.
Professionals Nowra and MMJ Real Estate Wollongong are offering the property for sale.
Karl Poulton, of Professionals Nowra, said the site's B4 Mixed Use Zoning allows for a multitude of applications subject to council approval.
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"Options include but are not limited to food and drink premises, childcare, accommodation and shop top housing to name a few," he said.
"The large corner site allows for a multitude of mixed uses.
"It is a wonderful opportunity."
The site boasts three street frontages, offering favourable design options for a future development, while access to existing car parks is from Bunberra and Dalwah Streets.
Mr Poulton said significant road upgrades have greatly shortened the travel distance from both Sydney and Wollongong to Nowra, which has seen prices rise in all real estate markets in the region in the past two years.
"As major roadworks continue to be completed this price increase cycle is expected to continue," he said.
"In addition to major works, the changing landscape from the COVID pandemic over the past 15 months has seen a residential shift from major cities to the benefit of regional centres.
"Nowra and the South Coast areas have certainly experienced this.
"This site, along with a creative vision, provides an opportunity to create an exciting development in a thriving regional centre."
Zoned B4 Mixed Use, the site is open to a mixture of compatible land uses subject to consent from business, office, residential, retail and other developments such as attached dwellings; boarding houses; centre-based child care facilities; commercial premises; community facilities; educational establishments; entertainment facilities; function centres; group homes; hotel or motel accommodation; information and education facilities; medical centres; multi dwelling housing; passenger transport facilities; recreation facilities (indoor); registered clubs; residential flat buildings; respite day care centres; seniors housing; shop top housing; or tourist and visitor accommodation to name just a few.
The property is scheduled for sale by public auction onsite on Wednesday, June 1 from 5:30pm and online.
For further information contact Karl Poulton, Professionals Nowra on 0401 824 335 or karl.poulton@professionalsnowra.com.au or Travis Machan MMJ Real Estate, Wollongong on 0447 300 800 or travis.machan@mmj.com.au
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