Costi Cohen has secured a rare 2,083sqm beachfront landholding in Mollymook, marking the property’s first sale in more than 40 years.

Positioned directly behind the beach and zoned MU1 Mixed Use, the site provides multiple future development pathways including residential, hospitality and mixed-use outcomes (STCA). With existing improvements generating holding income, the asset offers the flexibility to land bank while future plans are progressed.

This acquisition continues our client’s blue-chip portfolio strategy, securing one of the NSW South Coast’s most tightly held beachfront sites with both immediate income and significant long-term development potential.