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SOLID FREEHOLD MOTEL INVESTMENT OR ULTIMATE RARE DEVELOPMENT OPPORTUNITY-LOCATED IN THE HEART OF MERIMBULA

FHGC | Vendor Finance Available 

Australian National Real Estate is pleased to offer this outstanding investment opportunity prominently located in the heart of Merimbula - the Centre of tourism within the Bega Valley.

Development Zone:  R3 - Medium-Density Residential 

  • Motel Business - 25 x Rooms to meet all budget types (Standard Queen, Twin Room, Queen Deluxe Room, Small 2 Bedroom Self Contained Family Unit)
  • Massive 3,600 sqm of land
  • R3 - Medium-Density Residential 
  • DA plans available for site redevelopment (STCA) 

An incredibly rare opportunity is waiting for an investor, builder, or developer alike to take this property to the next level (STCA).

  • Proposed plans for 14 x apartments units (STCA)
  • The property has two street access points (Merimbula St & Reid St) 
  • Well-located and elevated position overlooking the town
  • Close to the airport with daily flights to Sydney & Melbourne
  • Holding income with an established motel while you plan your development
  • Opportunity to renovate into a 4-star motel
  • Generously sized units

Property inspections are by appointment only, Please contact  Las Widanage 0429 115 115

Australian National Real Estate may refuse to provide further information about the property should you prefer not to disclose your Full Contact Details including Phone Number.

 

Disclaimer: 

We have in preparing this document used our best endeavors to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements in this document. Prospect purchasers should make their own inquiries to verify the information contained in this document. Purchasers should make their own inquiries and refer to the due diligence.

40 3,600 m2
Address 36 Merimbula Dr, Merimbula
Price FHGC | VENDOR FINANCE AVAILABLE
Property Type Commercial
Property ID 4113
Category Hotel/Leisure, Land/Development, Industrial/Warehouse
Land Area 3,600 m2
Office Area 3,600m2

Agent Details

Las Widanage photo

Las Widanage

0429 115 115
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Alexandra Visic photo

Alexandra Visic

0403 918 507
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