H Real Estate are pleased to present a premier investment opportunity in the heart of the Sapphire Coast: 41 Sapphire Coast Drive, Merimbula, NSW 2548.
This substantial 11,175 sqm total site area consists of a 6,776 sqm front parcel and a 4,399 sqm rear home site, offering significant development potential (STCA) for a multi-dwelling residential project or subdivision.
A key highlight of this property is the dual advantage of immediate income paired with long-term capital value. The site includes an existing 4-bedroom residence, providing an excellent holding yield while you finalize your development plans.
Key Features & Location Highlights:
• Total Land Size: 11,175 sqm across two parcels.
• Development Potential: Multi-dwelling residential project or subdivision (STCA).
• Immediate Yield: Existing 4-bedroom residence on-site.
• Prime Location: A short stroll to the Merimbula town centre, pristine beaches, the lake, and local dining.
• Connectivity: Just 3.9 km to Merimbula Airport (with direct flights to Sydney and Melbourne), a 3-hour drive to Canberra, and 2.5 hours to the Snowy Mountains.
• Lifestyle: Located 4.3 km from Tura Beach Golf Course and 5 km from Pambula Merimbula Golf Club.
Whether you are looking to landbank, develop immediately, or add a high-potential asset to your portfolio, this property represents a rare find in a highly sought-after coastal market.
