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42 Naval Parade, Erowal Bay, NSW 2540 For Sale
42 Naval Parade, Erowal Bay, NSW 2540 42 Naval Parade, Erowal Bay, NSW 2540-Image 42 Naval Parade, Erowal Bay, NSW 2540-Image 42 Naval Parade, Erowal Bay, NSW 2540-Image 42 Naval Parade, Erowal Bay, NSW 2540-Image 42 Naval Parade, Erowal Bay, NSW 2540-Image 42 Naval Parade, Erowal Bay, NSW 2540-Image 42 Naval Parade, Erowal Bay, NSW 2540-Image 42 Naval Parade, Erowal Bay, NSW 2540-Image 42 Naval Parade, Erowal Bay, NSW 2540-Image 42 Naval Parade, Erowal Bay, NSW 2540-Image 42 Naval Parade, Erowal Bay, NSW 2540-Image 42 Naval Parade, Erowal Bay, NSW 2540-Image 42 Naval Parade, Erowal Bay, NSW 2540-Image 42 Naval Parade, Erowal Bay, NSW 2540-Image 42 Naval Parade, Erowal Bay, NSW 2540-Image 42 Naval Parade, Erowal Bay, NSW 2540-Image 42 Naval Parade, Erowal Bay, NSW 2540-Image 42 Naval Parade, Erowal Bay, NSW 2540-Image 42 Naval Parade, Erowal Bay, NSW 2540-Image 42 Naval Parade, Erowal Bay, NSW 2540-Image 42 Naval Parade, Erowal Bay, NSW 2540-Image 42 Naval Parade, Erowal Bay, NSW 2540-Image

42 Naval Parade, Erowal Bay, NSW 2540

$2,900,000

Residential Land
Type
1,925 m²
Area

Published on Thursday, March 19, 2026 ( See property details for 42 Naval Parade, Erowal Bay, NSW 2540)

$2,900,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

Exceptional 1925m² double block with mixed-use development potential in the highly sought-after coastal suburb of Erowal Bay, offering outstanding flexibility and strategic positioning across from the waterfront.

🏡 Property Highlights

  • Large 1925m² double block with flexible E1 Mixed Use Zoning
  • Prominent corner position on the main street directly across from the waterfront
  • Current Development Application for 15 residential units and commercial premises
  • Excellent visibility and accessibility for future retail, hospitality, or professional services
  • Rare opportunity in a rapidly growing coastal community with limited commercial supply
  • Close proximity to beaches, national parks, and popular local amenities

✨ Key Features

  • Waterfront / Views
  • Open-Plan Living
  • Dual Living
  • Outdoor Area
  • Secure Parking
  • Balcony
  • Home Office / Study
  • Built-in Robes
  • Garage / Secure Parking
  • Pet-Friendly

Erowal Bay is a vibrant coastal community renowned for its stunning waterways, relaxed lifestyle, and growing residential demand. The suburb offers easy access to pristine beaches, Booderee National Park, and popular local dining options. Its strategic location ensures strong future growth potential, making it ideal for developers and investors seeking a prime coastal development opportunity.

What is the current zoning and development potential for this property?
The property is zoned E1 Mixed Use, with an approved Development Application for 15 residential units and commercial premises, offering significant flexibility for future development.
What are the key advantages of this location for future businesses?
The site benefits from excellent visibility, high accessibility, and a prominent corner position on the main street directly across from the waterfront, making it ideal for retail, hospitality, or professional services.
Are there any existing structures or improvements on the land?
The property is currently vacant land, with planning and development work already underway through the approved DA.
What nearby amenities and attractions are accessible from this site?
The property is close to beaches, Booderee National Park, Vincentia waters, and the bustling restaurants of Huskisson, providing a desirable lifestyle and strong growth prospects.
Is there potential for further subdivision or expansion?
Given the current E1 Mixed Use zoning and the approved development plan, there may be opportunities for further development or subdivision, subject to council approval.
Are there any zoning restrictions or planning conditions that could affect future development plans? What are the potential costs associated with site preparation and infrastructure upgrades? Are there any easements, covenants, or land restrictions on the property? Has a thorough environmental or flood risk assessment been conducted? Are there any upcoming planning or infrastructure projects in the area that could impact the site? What are the strata or community title considerations, if applicable? Is there any history of contamination or land use issues on the site? Are there any local noise, traffic, or neighbour concerns that could affect future use? What are the current council rates and any additional levies or charges? Are there any restrictions on commercial signage or business operations on the site?

42 Naval Parade, Erowal Bay, NSW 2540 - More Details

$2,900,000

Positioned just across from the St Georges Basin waterfront, and on the prominent corner of the suburb's main street, this exceptional 1925m2 double block (approx. 40m x 47m) presents a rare and highly strategic development opportunity in the fast-growing coastal community of Erowal Bay.

Being one of the only properties in the suburb with both such a substantial scale as well as E1 Mixed Use Zoning, the property offers outstanding flexibility for developers seeking to capitalise on both residential and commercial demand in an area where commercial supply remains extremely limited.

A current Development Application is already in place for an architecturally designed 15-unit mixed-use complex comprising of 2 luxury penthouses with uninterrupted water views, 2 commercial premises as well as ample secure parking. Much of the planning work has already been done, allowing developers to move forward with confidence.

This commanding corner site benefits from excellent visibility and accessibility, making it an ideal location for ground-floor retail, hospitality, professional services, or convenience-based businesses, complemented by residential units above.

Erowal Bay continues to experience strong residential growth and increasing demand for local amenities, while remaining just minutes away from Hyams Beach, Booderee National Park, as well as the stunning waters of Vincentia and Bustling restaurants of Huskisson.

Key Highlights:
- Large 1925m² double block with approx. 40m x 47m dimensions
-Prominent corner position on the suburb's main street directly across from the waterfront
-E1 Mixed Use zoning – ideal for residential and commercial integration
-Current Development Application for 15 residential units plus commercial premises
-Excellent exposure and accessibility for future businesses
-One of the only sites of this size with commercial potential in Erowal Bay
-Limited commercial competition within the suburb
-Close proximity to beaches, restaurants, and local amenities
-Located in a rapidly growing coastal residential market

Whether you are an experienced developer seeking your next project or an investor looking to secure a strategic mixed-use site with significant upside, this is a rare opportunity to shape the future commercial hub of Erowal Bay.

Opportunities like this are rarely available. Contact Greg Walsh on 0400 333 700 today for any enquiries.

Disclaimer: We have used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify.
Type
Residential Land
Area
1,925 m²

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