EXCLUSIVE TO AUSTRALIAN NATIONAL REAL ESTATE MOTIVATED SELLER! URGENT SALE Development zone: R3 - Medium-Density Residential DEVELOPMENT OPPORTUNITY WHICH IS PROMINENTLY LOCATED IN THE HEART OF MERIMBULA Expressions of interest (EOI) - Proposed plans (DA plans) of 14 x Units included in the Sale. - SALE TYPE: FREEHOLD GOING CONCERN - Massive 3,600 sqm of land - R3 - Medium-Density Residential - Selling: Property Freehold + Established Motel Business 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. An outstanding opportunity to purchase a huge development site situated in a prime location On offer is Merimbula Gardens Motel sitting on a 3,600 m2 parcel of land with two street access points. An incredibly rare opportunity is waiting for an investor, builder, or developer alike to take this property to the next level (STCA). Massive 3,600 sqm block of land - DA plans available for site redevelopment (STCA) - 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 - Only one block from Merimbula's main street - Holding income with an established motel while you plan your development - Opportunity to renovate into a 4-star motel - Generously sized units - The majority are ground-floor units for easy operation Property inspections are by appointment only, Please contact Disclaimer: 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. 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 enquires and refer to the due diligence. Property Code: 4099