SUGGESTIONS and rumours for use of vacant land opposite Kiama's Grand Hotel have included a supermarket, fast-food restaurant and a conference centre.
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Now tenders have finally opened for parties interested in developing the former RailCorp site on the corner of Bong Bong and Manning Streets.
According to Sydney-based real estate company Chesterton International, 28 Bong Bong Street "represents an exciting opportunity to acquire a vacant lot with strong development potential".
The property is for sale by tender.
According to Kiama Council, the zone allows mixed use development, including commercial with residential on the site, and tourist-related activities.
The vacant freehold lot's zoning and conditions include a building height of 11 metres.
The Kiama Local Environmental Plan 2011 states that the objectives of the zone are to provide a range of retail, business, entertainment and community uses that serve the needs of people who live in, work in and visit the local area; to encourage employment opportunities in accessible locations; and to maximise public transport patronage and encourage walking and cycling.
Developments within this zone that are permitted with consent include, but are not limited to, boarding houses, childcare centres, commercial premises, community facilities, educational establishments, entertainment facilities, function centres, group homes, hostels, information and education facilities, medical centres, passenger transport facilities, recreation facilities (indoor), registered clubs, respite day care centres, restricted premises, roads, service stations, shop top housing, tourist and visitor accommodation.
Andrew Hunter, chief executive of Chesterton International, described it as an exceptional vacant site in prime position.
"This provides the site with vast street frontages [about 170 metres], the majority [about 126 metres] being along the main drag of Manning Street, parallel to Coronation Park, and local beaches with spectacular water views," Mr Hunter said.
"It's an exceptional site in a wonderful location, opposite the beach."
The site comprises about 5488 square metres of vacant area.
It has previously been touted as a potential site for a supermarket, among other ventures.
The zoning is B2 Local Centre, which Mr Hunter said would offer developers a variety of opportunities. The tender closes at 5pm on May 22.
■ What would you like to see on this prime position? Tell us on our Facebook page or email kinews@fairfaxmedia.com.au.
