$599,900

1 Cameron Street,Merimbula NSW 2548

Other52
Block size: 1170 m² approx.

DEVELOPMENT/INVESTMENT OPPORTUNITY

Prime development land of over 1170 m2 and located just metres from Merimbula’s CBD. Offering the astute investor an opportunity to purchase a unique development site. An existing dwelling provides a stable holding income of $490 a week combined. The property features a 2 bedroom, 1 bathroom unit and a 3 bedroom, 1 bathroom unit. The zoning allows for multiple unit development and also offers a building height limit to facilitate 2 storey development. Build a luxury duplex which are very popular or build your dream home.
Zoned R3 Medium density residential.
2 units and tenants in place
Central location to CBD
Lake views available if development includes an second storey addition.
Can I afford this property?

Inspections

No open times scheduled. Contact Agent to arrange a viewing.

Key Details

Property Type:Other
Lot:116
Plan Type:DP
Plan:16678
Block Size:1170 (approx)
Stamp Duty:$22,428
 
Fisk & Nagle First Choice Real Estate Merimbula

Maps and area information

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Block information
Block size: 1170 (approx)
Legal description: 116//DP16678
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2019.
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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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What's Nearby

Merimbula Public SchoolPrimary School
0.4km
Eden Marine High SchoolHigh School
18.9km
Merimbula Fresh Food MarketMajor Shopping Centre
0.7km
Sapphire Coast Anglican CollegeCollege
5.8km
Post OfficePost Office
0.4km

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            Merimbula Suburb Information

            Median Sale Price For Merimbula
            $367,500
            Average Age
            52 years
            Population
            3,277
            Merimbula Profile
            Merimbula Occupancy

            Contact agents

            Fisk & Nagle First Choice Real Estate Merimbula

            Fisk & Nagle First Choice Real Estate Merimbula

            View agency detailsNyrie TickellFisk & Nagle First Choice Real Estate Merimbula
            Please send me information on 1 Cameron Street, Merimbula NSW 2548
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            This listing has been viewed 979 times. It was first displayed on 11/07/18 and last updated on 19/11/19.