$2,465,000
122 Wagonga Street, Narooma NSW 2546
Other
434
Block size: 1622 m² approx.
Development Opportunity in Narooma
Freehold Commercial Shops and Residence
Great opportunity to secure this prominent main street building with fabulous development potential. This property represents a rare opportunity to acquire a large freehold commercial asset with residence above, with an additional block and residence with access from Garvan street. (Note: Premises for sale only, not the businesses)
Features of the property.
Commercial shops street level:
• Large commercial premises currently leased as one shop but could be two separate entities.
• Shop 1 is 63m² plus 35m² storage.
• Shop 2 is 165m² plus 35m² storage.
• Good rental income
• Great street appeal and visibility.
• Large shop front display windows.
• Right in the heart of the main shopping district of Narooma.
• Private rear parking for upstairs residence and shop staff.
Upstairs Residence:
• Two bedroom Unit with spectacular inlet and coastal views
• Large lounge and dining area and separate front sunroom
• 185m² floor area
• Recently renovated Bathroom
• Covered deck with stunning water views.
• Currently Owner occupied
No 1 Garvan street
• Two x 1 bedroom units
• Large kitchens and living areas
• Fantastic inlet views
• Both currently rented.
Zoned E1 this property is primed for mixed commercial and residential development.
Great opportunity to secure this prominent main street building with fabulous development potential. This property represents a rare opportunity to acquire a large freehold commercial asset with residence above, with an additional block and residence with access from Garvan street. (Note: Premises for sale only, not the businesses)
Features of the property.
Commercial shops street level:
• Large commercial premises currently leased as one shop but could be two separate entities.
• Shop 1 is 63m² plus 35m² storage.
• Shop 2 is 165m² plus 35m² storage.
• Good rental income
• Great street appeal and visibility.
• Large shop front display windows.
• Right in the heart of the main shopping district of Narooma.
• Private rear parking for upstairs residence and shop staff.
Upstairs Residence:
• Two bedroom Unit with spectacular inlet and coastal views
• Large lounge and dining area and separate front sunroom
• 185m² floor area
• Recently renovated Bathroom
• Covered deck with stunning water views.
• Currently Owner occupied
No 1 Garvan street
• Two x 1 bedroom units
• Large kitchens and living areas
• Fantastic inlet views
• Both currently rented.
Zoned E1 this property is primed for mixed commercial and residential development.
nbn® Fibre to the Curb (FTTC) is available in this property
Max wholesale speed tier available: nbn® Home Fast
Inspections
No open inspections scheduled.
Send an enquiry
Contact Steven Hutcheson to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
4
Bathrooms:
3
Garage Spaces:
4
Property type:
Other
Block Size:
1622 m²*
Other Details
Lot:
22
Plan Type:
DP
Plan:
739024
Legal description:
22/739024
nbn® availability:
nbn® Fibre to the Curb (FTTC)
Maps and area information
Block information
Block size: 1622m² (approx)
Legal description: 22/739024
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
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Enrolment areas for ACT public schools.
What's nearby
Narooma Public SchoolPrimary School
0.5km
Narooma High SchoolHigh School
1.8km
Narooma Shopping CentreMajor Shopping Centre
0.5km
Post OfficePost Office
0.2km
Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
15 Dec 2006
Sold
$670,000
Contract: 20/11/2006
Transfer: 15/12/2006
Block size: 1010m²
Transfer type: Full transfer
Purpose: Residence
Narooma suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
59 years
Population
2,731
Listing ID: 182030147. This listing has been viewed 640 times. It was first displayed on 25/10/2023 and last updated on 26/10/2023.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.