Approx 5.2 Hectares

Description

A rare offering of approx. 5.2 ha [ 12.85 acres ] of prime residential zoned development land close to the town centre of Moruya is being offered for sale. The property is mostly cleared, gently sloping with a perfect north facing aspect.

The land comprises 5 separate lots with two main development areas one accessed from Fitzroy St the other from Hawdon Street and both zoned residential R2.

The first parcel (app 2.6 Ha.. Lots 1,3&4 Section 39 DP 758710) is DA approved and commenced with a Staged DA for 17 residential lots of varying sizes. Additionally the Eurobodalla Shire Council have approved a concept plan for a further 19 multi-unit villas & townhouses on the residual of this section of the property.
Council have provided service junctions in place in preparation for sewer & drainage when the development of this first section of the property proceeds.

The second parcel is also approx. 2.6 Ha (Lots 3 &4 , Section 38 DP 758710) and is accessed from sealed Hawdon St on the western side of the land. There is also a 12 m height code allowable on this part of the site and has concept plans developed for 44 strata units.
This part of the property has great potential for over 55's retirement living with Moruya Regional Hospital just a few blocks away providing a range of emergency care and medical services.
The property is very well located being close to Moruya's 18 hole championship golf course ...club house and busy town centre.

Moruya is a promising Regional City of the future with a major airport runway expansion already underway, established infrastructure and a highly fertile and picturesque pastoral setting surrounding the historic township.

There are popular farmers markets, great cafes and easy access to beautiful nearby local waterways and the pristine beaches of Moruya Heads and further south to Tuross Heads Bodalla and Narooma

This is a fantastic opportunity for developers ... builders and astute investors.
We proudly offer this outstanding opportunity to the open market with a lot of the initial funding and planning approvals already fought for and won ... In a world of diminishing returns on your money you will find it very hard to beat an opportunity like this ...

Call David Matthew on 0447 271 950 or Mike Devlin 0412 377 466 to arrange an inspection..

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