83 Lakewood Drive, Merimbula

Situated at the peak of Merimbula, is 83 Lakewood Drive. This first class development opportunity benefits from sweeping panoramic vistas with breathtaking views. The beautiful Sapphire Coast's most vibrant town sits in plain sight.

This DA approved blank canvas opportunity is the perfect development offering. Merimbula as a town is at the start of an exciting period of growth.

The property sits on a 31,400sqm approx. (7.85 acres) block with development friendly R3 Zoning. The ability to purchase close to 8 acres of land in Merimbula town (majority of the site with R3 zoning) is rare to market.

The Opportunity:

1. Make use of the existing DA approval and deliver the south coasts leading resort styled seniors development with 86 apartments.

2. Subdivide and build a new residential development (freestanding homes, townhouses or duplexes)

3. Use the flexible R3 development zoning to deliver a new apartment development (multi-res)

Merimbula is a tightly held town. Infill sites of this scale are truly unique.


Key Site Features:

*31,400sqm approx. site in town centre.
*1km from Merimbula Shopping Precinct.
*Blank canvas opportunity with cleared land
*Recently expanded airport (fly direct from Sydney or Melbourne)

Due diligence material and further information is available upon request.