Set on an enormous 23.87 hectares, this is the largest remaining allotment within easy walking distance to Merimbula's town centre. Offering exceptional development potential, the majority of the site is zoned R3 Medium Density Residential, allowing for multi-dwelling housing and/or subdivision of vacant lots (STCA).
Enjoying a peaceful setting rarely found so close to town, the property is bordered by leafy surrounds and the picturesque Merimbula Creek along its southern edge. With a generous 14-metre height limit (STCA), there's scope to capture stunning views over Merimbula's township, lake, and bay.
Merimbula is a growing regional hub, increasingly popular for both tourism, lifestyle migration and retirement. It's location between Sydney, Melbourne & Canberra, along with daily flights to major cities via the regional airport, ensures strong connectivity for growth and investment returns. With continued high demand for residential apartments, townhouses, villas, and land in the area, this is an outstanding opportunity for developers and investors.
- Large Site Area: 23.87 hectares* providing scope for a large scale development and/or subdivision. - Zoning: R3 Medium Density Residential caters for a large rang of townhouses, units, apartments. - Airport: Just 3.9km from Merimbula's recently upgraded airport. - Proximity to Town Centre: Positioned just 700m from Merimbula's township, the allotment offers easy access to amenities, food outlets, supermarkets and beaches.
