Approx 5.2 Hectares

Description

A very rare offering of approx. 5.2 Ha [12.8acres] of prime residential zoned land only minutes to the town centre of historic Moruya.

This large property is mostly cleared and features a gently sloping terrain with a perfect north facing aspect.

The land comprises two contiguous parcels one accessed from Fitzroy St the other from Hawdon Street, both zoned R2… Low density residential … Both streets are sealed road access and the property has all major services available.

The property is in two sections the first fronting Lagoon Street comprises app 2.6ha [6.4acres] is DA approved and commenced with a Staged DA for 17 residential lots. This section of the property can yield further income immediately with only a relatively small outlay . A further 19 multi-unit dwellings are also possible on the residual of this parcel (STCA).

The second parcel is also approx. 2.6 Ha [6.4 acres] and is accessed from Hawdon St on the western side of the property. There is a 12 m height code on this part of the site and has concept plans developed for 44 strata units.

The site zoning of R2 low density residential also permits seniors living development and this is anticipated to be arguably the biggest emerging real estate market on the planet in the years ahead.

Moruya is a Regional City of the future with a major airport expansion already underway,
Moruya Hospital has recently been fully upgraded and is only a few blocks away from this premier residential site.
The hospital is providing a range of high quality emergency care and medical services.
There are highly regarded public and Christian schools in Moruya & at the nearby beachside town of Broulee. Moruya has a very popular 18 hole championship golf course only a short drive from the site and town centre.

Additionally there are the extremely popular farmers markets, great shops cafes, clubs and churches all nearby to this outstanding residential investment.
Finally local residents and visitors have an easy drive to the beautiful Moruya River and numerous beautiful pristine beaches and lakes from Moruya Heads south to Tuross Lakes.

This superb residential property offers a secure investment opportunity with a lot of the hard work and planning approvals already in place.
Break out your pad and paper and add up the potential profits that can be had from this exceptional property … In a world of diminishing returns on investment and low interest rates this is a true beacon of light … Genuine vendors want to sell now … Contact Nirvana Property Specialists today.
Call David Matthew on 0447 271 950 or Mike Devlin 0412 377 466 to arrange an inspection..

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