Entrepreneurial developers have a rare opportunity to create a mixed-use development on premium waterfront land in the tourist town of Lakes Entrance.
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Expressions of interest are being sought for the Old Slipway site, a 5400sqm site in the Lakes Entrance central business district.
The site, which has been decommissioned for more than 10 years, includes public land, a car park, two timber buildings and a public toilet. It will be managed by East Gippsland Shire Council, with the developer entering into a long-term lease agreement with the Crown.
“This is an exceptional opportunity to develop a unique foreshore site right on the Lakes Entrance waterfront,” the CEO of Gippsland Ports, Nick Murray, said.
“In particular, the access for boats to this central location opens up many possibilities for visiting boaties and tourism services.”
King & Heath First National managing director Chris Martin said he expected the opportunity to attract an enthusiastic, resourceful and inspired entrepreneur who could see the potential for redeveloping the Old Slipway site into a vibrant new precinct of Lakes Entrance.
“It is rare for such premium land to become available on the shores of the Gippsland Lakes and we anticipate strong interest from developers,” Mr Martin said.
“This Old Slipway site provides a once-off opportunity to create a prime visitor destination with the potential to cater to both tourists and locals. There is also an opportunity for the development to extend out into the waterway.”
Expressions of interest are now open. To find out more or to seek a prospectus contact Matt Baylis at King & Heath First National on (03) 5152 3311 or matt.baylis@kingheath.com.au.
