Friday, January 18, 2019

‘Water’s Edge’ commercial sites now on sale

Local retailers and businesses have the opportunity to secure prime commercial premises in the heart of Warners Bay with six highly anticipated sites released for sale in the Water’s Edge development.

The $80 million Water’s Edge project has been designed by Stewart Architecture and is being built by award winning developer BLOC. It comprises 112 one, two and three bedroom high end apartments, gym, entertaining area, resort style infinity pool and 200 car parking spaces. Construction is expected to be finished in 2020.

PRDnationwide Newcastle and Lake Macquarie agent, Allan Kentwell is selling the sites at the former BP service station site on the corner of The Esplanade and King Street.

Mr Kentwell said the ground floor sites range in size from 94 square metres to 448 square metres net lettable area (NLA). Each site also has an allocated outdoor area.

He said the flagship corner site is designated for a restaurant of distinction. It is 448 square metres NLA with an allocated outdoor area of 127 square metres.

“There are many businesses which would benefit from this impressive location such as cafés, retail shops or professional services providers,” Mr Kentwell said.

“Most lots have excellent outdoor areas to allow customers and staff to take in uninterrupted lake views,” he said.

“Construction of the DA approved development is about to commence which, importantly, brings greater certainty for buyers.

“Businesses looking to position themselves in brand new premises, in the most prestigious building in East Lake Macquarie, will need to act quickly as interest is already very strong.”

Mr Kentwell said the residential apartments have been selling quickly with more than 70 percent sold.

“Water’s Edge will be the jewel in the crown of Warners Bay, setting the benchmark for development in the suburb.”

For more information call PRDnationwide Newcastle and Lake Macquarie on 4926 0600, 24 hours.