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

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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

Type
Residential Land
Area
1,925 m²

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