Positioned within one of Narooma's most tightly held and highly sought-after precincts, 3 Corunna Street presents an exceptional opportunity to secure a DA-approved residential development site ready to deliver a premium townhouse project in the heart of the town.
Occupying a prominent 1,101sqm corner allotment within Narooma's renowned "Golden Triangle", the property benefits from approved plans for five architecturally designed townhomes that have been carefully conceived to establish a new benchmark for coastal living in the region.
Designed to capture the relaxed lifestyle and natural beauty synonymous with Narooma, the approved residences range from approximately 165sqm to 210sqm of gross floor area and each feature three bedrooms, double lock-up garages, private pools and unique breezeway elements, creating a sophisticated offering unlike anything currently available within the local market.
Key Development Highlights:
1,101sqm* corner development site
Medium Density Residential zoning
DA approval in place for five architecturally designed townhomes
Residences ranging from approximately 165sqm210sqm GFA
Three-bedroom designs with double lock-up garages
Private pools and breezeway architecture incorporated throughout
Premium project designed to establish a new benchmark for Narooma living
Significant demand for quality new housing within the region
Beyond its development credentials, the property provides immediate holding income through the existing improvements with the residence known as "Dorothy" - a substantial multi-dwelling asset comprising a large family residence, granny flat, business premises, separate backyard studio, established gardens and an in-ground saltwater swimming pool.
The site's unrivalled location places future residents within easy walking distance of Narooma Public School, Narooma Golf Club, the patrolled Surf Beach, and the vibrant town centre with its cafés, restaurants, shopping and banking services.
With development-ready opportunities of this scale and quality becoming increasingly scarce along the South Coast, 3 Corunna Street represents a rare chance for developers, investors and boutique builders to secure a premium coastal site with approval certainty, holding income and outstanding end-value potential.
This property is for via expressions of interest. For further information or if you would like to book a private inspection, please contact exclusive Colliers agents Nathan Berlyn on 0449 157 773 or James Hardiman on 0484 271 903.
