2-8 Willow Avenue
Bogangar


$2,200,000

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Property Features


Property ID: 3269624

Land Size
3022.00 m2

Waterfront Development Opportunity


In a precinct that has been tightly held for a long time, a rare opportunity to redevelop one of Cabaritas iconic properties has just become available.

At its peak in the 1980s, The Lakes was a hive of activity with the restaurant and surrounding area a mecca for tourists coming to enjoy Cudgen Lake. Tourists are still attracted to the lake, but more for its tranquillity and peace it now brings.

Situated on 3022sqm and backing onto the Cudgen Lake Reserve, the site currently boasts a large restaurant/function room, bar, kitchen and outdoor eating area. Accompanying this great space, is a fully self-contained house to be used as a caretakers residence.

The zoning of the property is in line with the tourist characteristics of the site. There are a variety of different uses available under the RE2 Private Recreation zoning. Consult your town planner about what would be potentially approved for the site, but tourist accommodation should certainly be on your list.

Cabarita Beach is a very sort after location. It is an area that has limited expansion possibilities and therefore fantastic growth prospects. When you couple that with north facing water views onto the Cudgen Lake, this site will certainly attract some interest.

To secure your private viewing, contact Ben Charlton on 0402 081 976.

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