Coastal Merimbula Development Site | Important DA Approval for 40 Apartments
95-97 Main street, Merimbula NSW
Property Highlights
Description
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
Property Details