Elders Commercial on behalf of the Central Coast Council are pleased to offer this site to the market for sale by Expressions of Interest, closing Thursday 3 October, 2024 at 3.00 pm (AEST). Situated less than five minutes' drive from Penguin's town centre, this generous 2,668 sqm* site is on the southern side of Penguin's township. The land is predominantly cleared and partially fenced, providing an ideal blank canvas for developers who wish to improve the site. The land is zoned 'General Residential' and is located in a well-established, quiet neighbourhood. There are numerous possible development opportunities that the property lends itself to (STCA), being only a short distance from the beach, local shops, schools, aged care, and the Dial Regional Sports Complex, this property offers an appealing location. Council is seeking EOI’s from parties interested in the acquisition of land for the development of new residential housing. As part of the EOI process, Council as Vendors are seeking that multiple dwelling residential use occurs on the land within an agreed, mutually acceptable timeframe. For further information, please contact Elders Commercial. *Approximately
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