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1 Pleasant Way 2.37 Acres of Commercial Land in Nowra, NSW 2541
Investment Highlights
- Prime riverfront landholding of approximately 9,578 m² (0.96 ha).
- Potential for heights up to 44 metres and FSR of 2:1 (STCA).
- Exceptional urban renewal location within Nowra CBD growth framework.
- Zoned for mixed-use development with diverse applications including residential and hotel (STCA).
- Positioned for State Significant Development consideration.
- Close proximity to retail, dining, and essential amenities, plus excellent transport connections.
Executive Summary
Knight Frank presents an extraordinary riverfront development opportunity at 1 Pleasant Way, Nowra—a landmark site offering unparalleled scale, flexibility, and positioning within one of the South Coast’s fastest-evolving regional centres. Spanning approximately 9,578 m², this property is underpinned by mixed-use zoning and located in a thriving precinct undergoing significant urban renewal, offering developers and investors potential for a truly iconic project.
The site supports multiple approved and permissible uses including mixed-use, residential, and hotel accommodation, with strong planning credentials for large-scale development. With indicative allowances for building heights up to 44 metres and Floor Space Ratios of 2:1 (STCA), this property provides exceptional scope for master-planned projects encompassing vibrant residential complexes, retail and lifestyle hubs, and flagship hospitality offerings. Its identification as a potential State Significant Development further underscores its strategic appeal.
Positioned along a picturesque riverfront setting, 1 Pleasant Way offers excellent connectivity to Nowra’s CBD amenities, major arterial networks, and Shoalhaven’s growing economic base. Opportunities of this calibre in Nowra are exceedingly rare—representing the chance to deliver a transformative, high-profile development in one of NSW’s most dynamic growth corridors.
The site supports multiple approved and permissible uses including mixed-use, residential, and hotel accommodation, with strong planning credentials for large-scale development. With indicative allowances for building heights up to 44 metres and Floor Space Ratios of 2:1 (STCA), this property provides exceptional scope for master-planned projects encompassing vibrant residential complexes, retail and lifestyle hubs, and flagship hospitality offerings. Its identification as a potential State Significant Development further underscores its strategic appeal.
Positioned along a picturesque riverfront setting, 1 Pleasant Way offers excellent connectivity to Nowra’s CBD amenities, major arterial networks, and Shoalhaven’s growing economic base. Opportunities of this calibre in Nowra are exceedingly rare—representing the chance to deliver a transformative, high-profile development in one of NSW’s most dynamic growth corridors.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 2.37 AC |
| Property Type | Land |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 2.37 AC |
1 Lot Available
Lot
| Lot Size | 2.37 AC |
| Lot Size | 2.37 AC |
Description
Located within Nowra CBD, this development parcel provides extensive frontages and prominent positioning within an activated waterfront corridor. The site is earmarked within existing planning strategies for high-density mixed-use outcomes, leveraging its location adjacent to established commercial, cultural, and residential precincts.
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1 Pleasant Way
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