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2. Property Highlights

Coastal Merimbula Development Site | Important DA Approval for 40 Apartments
  • 4,084sqm* freehold site, 40m* frontage
  • 2 & 3 bedroom apartments, water views
  • Booming locale, unit prices up 11.2%

Burgess Rawson and Sails Real Estate Merimbula are pleased to offer to the market 95-97 Main Street, Merimbula NSW via Private Sale.

The property has the following key highlights:

+ DA approval for a four-storey residential complex incorporating 40 apartments and 68 car spaces.

+ Construction drawings available.

+ Spacious 2 & 3 bedroom apartments with stunning water views.

+ Significant 4,084sqm* freehold site across two titles with 40 metre* frontage to Main Street.

+ Important rear vehicular access via Bowlers Drive.

+ Flexible Mixed Use 1 (MU1) zoning allowing for a variety of future uses.

+ Prime CBD position within 170 metres of Woolworths, ALDI, Merimbula RSL and Sapphire Club.

+ Only a short 3-minute walk to the Merimbula waterfront.

+ Booming residential market with median unit price up 11.2% over past 12 months. **

+ Strength of region highlighted by recent $7.8 million upgrade to Merimbula Airport. ***

+ Merimbula: year-round coastal tourist mecca for Sydney, Melbourne (flights daily) and Canberra holiday makers.

For sale via private sale.

Asking Price: $3,650,000

*Approx

**Realestate.com.au

***Begavalley.nsw.gov.au

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3. Property Location

95-97 Main street, Merimbula, NSW 2548

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4. Due Diligence

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95-97 Main street, Merimbula, NSW 2548 Merimbula
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