1 Pleasant Way Lot • Terrain commercial • 2,37 Acres • Nowra, NSW 2541

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.