H Real Estate Merimbula and Burgess Rawson are pleased to offer to the market 95-97 Main Street, Merimbula NSW via Expressions of Interest.

Merimbula, a coastal paradise, is nestled 349km south of Sydney on the stunning Sapphire Coast of New South Wales. This year-round tourist destination attracts visitors from Sydney, Melbourne, and Canberra, with daily flights to and from Melbourne.

Renowned for its pristine beaches, crystal-clear waters, and breathtaking coastal scenery, Merimbula offers a plethora of outdoor activities. From world-class surfing spots to abundant fishing opportunities, including game and deep-sea fishing, there's something for everyone. The region's pristine waters are also home to renowned oyster farms, producing some of the finest oysters in the region.

Merimbula's booming residential market, with a median unit price increasing by 8.3% over the past 24 months, presents an attractive investment opportunity. The town is part of the Bega Valley Shire Council, which welcomes over one million visitors annually, contributing a significant $480 million to the local economy.

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 8.3% over past 24 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 Expressions of Interest
Closing 4pm Wednesday 5th February 2025

*Approx
**Realestate.com.au
***Begavalley.nsw.gov.au