Plans revealed for $67m eight-storey medium-density apartments in Nelson Bay CBD
Plans have been revealed for an eight-storey medium-density apartment building in the heart of Nelson Bay.
The $67-million development - dubbed The Belvedere - is located on the corner of Donald and Church streets, and will have 56 units ranging from two and three-bedroom apartments to luxurious penthouses.
Planning documents show the building will have a gross floor area of more than 6000 square metres, along with a rooftop pool with a view of the ocean, a gym and a sauna.
The developer, Fortezza Group, estimates the building will be home to 115 people.
Fortezza general manager Roberto Giammaria said The Belvedere would be a key part in the evolution of Nelsons Bay.
"It's in a prime location, it sits right at the top the apex of Nelson Bay, so it's got magnificent views of the ocean," he said.
"Nelson Bay is a popular area, but the biggest issue it has is there is no [housing] supply.
"We want to lift the quality of development and housing supply down there."
Fortezza considered developing the land in 2016, however at the time "the numbers didn't stack up".
"We kept an eye on it. Post-Covid, more regional and coastal areas became more attractive to new buyers and people downsizing out of the city," Mr Giammaria said.
"Places like Nelson Bay area sought after areas, and now the numbers stack up. We did 16 models to get to the final model."
The Belvedere's website says the building's design is inspired by "the Roman architectural marvels in Istria".
"The arches, the cascades of greenery and the stonework that define our project pay homage to the structures that once exemplified Roman grandeur," it states.
"Through extensive modelling and analysis, we ensure that each apartment enjoys the natural beauty of Nelson Bay, regardless of future developments."
The development is one of the first in the region to go through the Housing Delivery Authority, which was established by the state government at the end of 2024 to streamline the approval process for major housing projects.
Construction is expected to begin at the start of 2026, pending the approval process, and completed by the end of 2027.
Up to 500 people will be employed during construction, with 40 ongoing jobs once the apartments are in operation.
Although the company is yet to start advertising the units, Mr Giammaria said there had already been 165 inquiries.
"Most have been from Newcastle or Sydney, people who are looking to downsize without compromise," he said.
Plans have been revealed for an eight-storey medium-density apartment building in the heart of Nelson Bay.
The $67-million development - dubbed The Belvedere - is located on the corner of Donald and Church streets, and will have 56 units ranging from two and three-bedroom apartments to luxurious penthouses.
Planning documents show the building will have a gross floor area of more than 6000 square metres, along with a rooftop pool with a view of the ocean, a gym and a sauna.
The developer, Fortezza Group, estimates the building will be home to 115 people.
Fortezza general manager Roberto Giammaria said The Belvedere would be a key part in the evolution of Nelsons Bay.
"It's in a prime location, it sits right at the top the apex of Nelson Bay, so it's got magnificent views of the ocean," he said.
"Nelson Bay is a popular area, but the biggest issue it has is there is no [housing] supply.
"We want to lift the quality of development and housing supply down there."
Fortezza considered developing the land in 2016, however at the time "the numbers didn't stack up".
"We kept an eye on it. Post-Covid, more regional and coastal areas became more attractive to new buyers and people downsizing out of the city," Mr Giammaria said.
"Places like Nelson Bay area sought after areas, and now the numbers stack up. We did 16 models to get to the final model."
The Belvedere's website says the building's design is inspired by "the Roman architectural marvels in Istria".
"The arches, the cascades of greenery and the stonework that define our project pay homage to the structures that once exemplified Roman grandeur," it states.
"Through extensive modelling and analysis, we ensure that each apartment enjoys the natural beauty of Nelson Bay, regardless of future developments."
The development is one of the first in the region to go through the Housing Delivery Authority, which was established by the state government at the end of 2024 to streamline the approval process for major housing projects.
Construction is expected to begin at the start of 2026, pending the approval process, and completed by the end of 2027.
Up to 500 people will be employed during construction, with 40 ongoing jobs once the apartments are in operation.
Although the company is yet to start advertising the units, Mr Giammaria said there had already been 165 inquiries.
"Most have been from Newcastle or Sydney, people who are looking to downsize without compromise," he said.
Plans have been revealed for an eight-storey medium-density apartment building in the heart of Nelson Bay.
The $67-million development - dubbed The Belvedere - is located on the corner of Donald and Church streets, and will have 56 units ranging from two and three-bedroom apartments to luxurious penthouses.
Planning documents show the building will have a gross floor area of more than 6000 square metres, along with a rooftop pool with a view of the ocean, a gym and a sauna.
The developer, Fortezza Group, estimates the building will be home to 115 people.
Fortezza general manager Roberto Giammaria said The Belvedere would be a key part in the evolution of Nelsons Bay.
"It's in a prime location, it sits right at the top the apex of Nelson Bay, so it's got magnificent views of the ocean," he said.
"Nelson Bay is a popular area, but the biggest issue it has is there is no [housing] supply.
"We want to lift the quality of development and housing supply down there."
Fortezza considered developing the land in 2016, however at the time "the numbers didn't stack up".
"We kept an eye on it. Post-Covid, more regional and coastal areas became more attractive to new buyers and people downsizing out of the city," Mr Giammaria said.
"Places like Nelson Bay area sought after areas, and now the numbers stack up. We did 16 models to get to the final model."
The Belvedere's website says the building's design is inspired by "the Roman architectural marvels in Istria".
"The arches, the cascades of greenery and the stonework that define our project pay homage to the structures that once exemplified Roman grandeur," it states.
"Through extensive modelling and analysis, we ensure that each apartment enjoys the natural beauty of Nelson Bay, regardless of future developments."
The development is one of the first in the region to go through the Housing Delivery Authority, which was established by the state government at the end of 2024 to streamline the approval process for major housing projects.
Construction is expected to begin at the start of 2026, pending the approval process, and completed by the end of 2027.
Up to 500 people will be employed during construction, with 40 ongoing jobs once the apartments are in operation.
Although the company is yet to start advertising the units, Mr Giammaria said there had already been 165 inquiries.
"Most have been from Newcastle or Sydney, people who are looking to downsize without compromise," he said.
Plans have been revealed for an eight-storey medium-density apartment building in the heart of Nelson Bay.
The $67-million development - dubbed The Belvedere - is located on the corner of Donald and Church streets, and will have 56 units ranging from two and three-bedroom apartments to luxurious penthouses.
Planning documents show the building will have a gross floor area of more than 6000 square metres, along with a rooftop pool with a view of the ocean, a gym and a sauna.
The developer, Fortezza Group, estimates the building will be home to 115 people.
Fortezza general manager Roberto Giammaria said The Belvedere would be a key part in the evolution of Nelsons Bay.
"It's in a prime location, it sits right at the top the apex of Nelson Bay, so it's got magnificent views of the ocean," he said.
"Nelson Bay is a popular area, but the biggest issue it has is there is no [housing] supply.
"We want to lift the quality of development and housing supply down there."
Fortezza considered developing the land in 2016, however at the time "the numbers didn't stack up".
"We kept an eye on it. Post-Covid, more regional and coastal areas became more attractive to new buyers and people downsizing out of the city," Mr Giammaria said.
"Places like Nelson Bay area sought after areas, and now the numbers stack up. We did 16 models to get to the final model."
The Belvedere's website says the building's design is inspired by "the Roman architectural marvels in Istria".
"The arches, the cascades of greenery and the stonework that define our project pay homage to the structures that once exemplified Roman grandeur," it states.
"Through extensive modelling and analysis, we ensure that each apartment enjoys the natural beauty of Nelson Bay, regardless of future developments."
The development is one of the first in the region to go through the Housing Delivery Authority, which was established by the state government at the end of 2024 to streamline the approval process for major housing projects.
Construction is expected to begin at the start of 2026, pending the approval process, and completed by the end of 2027.
Up to 500 people will be employed during construction, with 40 ongoing jobs once the apartments are in operation.
Although the company is yet to start advertising the units, Mr Giammaria said there had already been 165 inquiries.
"Most have been from Newcastle or Sydney, people who are looking to downsize without compromise," he said.
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