Prime Merimbula Motel/Development Site with Breathtaking Vistas (STCA)
101-105 Merimbula Drive, Merimbula NSW 2548
Contact Agent
Commercial LandSize: n/a
Block size: 8119 m² approx.
Situated at the peak of Merimbula, is the Kingfisher Motel. This first class opportunity benefits from sweeping panoramic vistas with breathtaking water views. The beautiful Sapphire Coast's most vibrant town sits in plain sight.
The property is currently operated as a 14 room motel with an additional managers residence. The Kingfisher has been successfully run for 35+ years.
The property sits on a 8,119sqm block with a R3 Zoning and 10m height limit. The ability to purchase more than 2 acres of R3 zoned land with unobstructed water views in Merimbula is rare to market.
The Opportunities:
1. Keep and improve the existing motel operation and activate the unused development potential.
2. Build a brand new motel with the best views in Merimbula.
3. Build a brand new residential development with unrivalled panoramic views.
4. Subdivide and sell off unused land for additional income.
All of the above opportunities benefit from favourable holding income whilst you undergo planning.
Key Site Features:
*8,119sqm site with sweeping unobstructed water views.
*1.4km from Merimbula Shopping Precinct.
*Holding income friendly by way of operational motel.
*Recently expanded airport (fly direct from Sydney or Melbourne)
Due diligence material and further information is available upon request.
The property is currently operated as a 14 room motel with an additional managers residence. The Kingfisher has been successfully run for 35+ years.
The property sits on a 8,119sqm block with a R3 Zoning and 10m height limit. The ability to purchase more than 2 acres of R3 zoned land with unobstructed water views in Merimbula is rare to market.
The Opportunities:
1. Keep and improve the existing motel operation and activate the unused development potential.
2. Build a brand new motel with the best views in Merimbula.
3. Build a brand new residential development with unrivalled panoramic views.
4. Subdivide and sell off unused land for additional income.
All of the above opportunities benefit from favourable holding income whilst you undergo planning.
Key Site Features:
*8,119sqm site with sweeping unobstructed water views.
*1.4km from Merimbula Shopping Precinct.
*Holding income friendly by way of operational motel.
*Recently expanded airport (fly direct from Sydney or Melbourne)
Due diligence material and further information is available upon request.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Mark Reale to learn more about this property, request an inspection or take an online tour.
Key details
Garage Spaces:
15
Property type:
Commercial Land
Block Size:
8119 m²*
Other Details
Lot:
7
Plan Type:
DP
Plan:
408832
Legal description:
7/408832
Maps and area information
Block information
Block size: 8119m² (approx)
Legal description: 7/408832
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.
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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.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
What's nearby
Merimbula Public SchoolPrimary School
1.9km
Eden Marine High SchoolHigh School
19km
Merimbula Fresh Food MarketMajor Shopping Centre
1km
Sapphire Coast Anglican CollegeCollege
5.6km
Post OfficePost Office
1.3km
Property history
We couldn't find any history for this property.
See Merimbula's suburb profile
Merimbula suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
56 years
Population
3,821
Listing ID: 181952235. This listing has been viewed 53 times. It was first displayed on 26/09/2023 and last updated on 26/09/2023.
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.