Sydney, 15 June 2015 – CBRE has been appointed to sell a prestigious large scale residential site in Terrigal on behalf of Metropolis Chairman and Non-Executive Director, Mortgage Choice, Sean Clancy.
The 1,717sqm double fronted site, located at 36-38 Campbell Crescent, features elevated positioning with unlimited views across Terrigal beach. The site further benefits from residential development potential, with previous DA approval for seven oversized luxury apartments.
Anthony Bray and Xavier Rahme of CBRE are negotiating the sale via an Expressions of Interest campaign, closing 23rd June at 3pm.
Mr Bray said, with buyer demand currently outweighing prestige supply in the Terrigal area, this sales campaign should be incredibly competitive.
“The site’s strategic position in the proven residential and tourist hub of Terrigal, underpinned by major draw cards including iconic beach, popular alfresco amenities such as broad walk restaurants and retailers, and expansive transportation networks offering convenient access to and from Sydney, will be key selling factors in the campaign.”
“The sites exclusive Campbell Crescent address, located within minutes of Terrigal’s main town centre, beaches, and the Crown Plaza Hotel, coupled with the residential development potential of the site presents an incredibly rare opportunity for this region,” Mr Bray said.
“Recently the Central Coast, specifically the Terrigal region, has benefited from increasing population and investment in the area, with consistent demand from both local and Sydney groups,” Mr Rahme added.
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