New features of Sharks development unveiled as first 97 apartments in final stage go on sale

New features of the retail centre, apartments, leagues club upgrade and roadworks in the final stage of the Sharks development have been revealed as the first 97 units go on sale.

Developer Capital Bluestone believes the new homes will defy the sluggish real estate market because of the "unique living environment" and keen pricing.

"It is very hard to find residential on waterfront, with retail below and a club as well," said Ben Fairfax, managing director of Bluestone Capital, which has become a division of Aoyuan International.

"Woolooware Bay is also very well priced compared with other projects across Sydney, and particularly at Cronulla".

General manager Matt Crews, said,"If someone from Engadine wanted to sell their three-bedroom house, they could buy a two-bedroom unit here and still have money in their pocket".

A display centre for stage four of Woolooware Bay Town Centre is about to open at 71-73 Cronulla Street, Cronulla (next to Nulla Nulla cafe).

It includes ground-breaking digital technology that "provides a true-to-life immersive insight to the resort-style homes".

The first 97 units will be in a new building above the retail centre, with a further 130 in following stages in two other blocks (which are shown as clear plastic frames in the display model), with another 20 above the new hotel.

Prices are $635,000 to $735,000 (one-bedroom), $865,000 to $1.22 million (two bedroom) and $1.575 million to $1.8 million (three bedroom).

Four penthouses are priced from $2.3 million to $2.4 million.

Podium-level facilities include a north-facing infinity edge swimming pool, viewing deck, barbecue areas and a multi-purpose room that can be booked by residents for functions.

The vehicle entrance to the development is via a ramped roadway from Captain Cook Drive, leading to separate parking areas for residents and retail centre / club users.

There will be 770 car spaces for retail and club users and 260 for the apartments and hotel.

Retail centre / club parking will have a boom gate and number plate reader, similar to Westfield Miranda and also with three hours free parking.

The club will be allocated a minimum of 100 spaces, with up to 300 on game days, and there will be a ticket validation scheme for extended parking.

The leagues club , which will move up two levels and sit above the retail centre, will include an expansive open deck overlooking Woolooware Bay, with views to the City.

The deck will be a similar size to the present Summertime Bar.

The dining precinct of the retail centre will run at ground level along the northern end, looking out over landscaped gardens towards the bay.

The precinct will include separate fine dining and casual dining areas.

"Fine dining will not be white table cloths, but quality dining, where you could take the family for dinner," said Matt Crews, of Bluestone Capital.

"Casual dining won't be the traditional food court of a Westfield, but smaller tenancies offering quicker food.

"Importantly, the dining has been designed to not compete with dining at the club.

"We need to co-exist, not cannabilise each other."

The Touched by Olivia Foundation inclusive playground, which was to have been located in front of apartments on the western side of the stadium, has been moved to in front of the dining precinct.

"Parents will be able to enjoy a coffee while watching the kids at play," Mr Crews said.

Relocation of the playground came after the Planning Assessment Commission found the initially proposed site was too close to high transmission power lines.

Roadworks costing $7-8 million will be required.

The roundabout at the intersection of Captain Cook Drive and Woolooware Road will be removed.

Woolooware Road will be straightened to meet Captain Cook Drive at a new signalised intersection and cross into the area now occupied by the Fitness First car park.

The present end of Woolooware Road will be retained for use as a loop for Woolooware High School bus services and Sharks game day buses.

Construction, which will take place on the leagues club's existing car park, is expected to start at the end of this year's football season and be finished by the end of 2021. Roadworks may start earlier.

The release of stage four of the project comes eight years after Capital Bluestone and the Cronulla Sharks Leagues Club joined forces to develop the club's land.

Last month, the club announced it had reached agreement to sell its remaining interest to Capital Bluestone for $40 million.

The Sharks retain ownership of the leagues club and football stadium.