Positioned in a highly convenient and sought after pocket of Moruya, this semi original style three bedroom home offers an exciting combination of substantial landholding, versatile zoning and future potential.
Set across an impressive 1,987sqm parcel with two street frontages, the property is zoned E3 Productivity Support, providing a range of potential uses and opportunities, subject to the relevant planning controls and Council approval.
The substantial landholding and dual street frontage create an exciting opportunity for those looking to explore subdivision, redevelopment or other future possibilities STCA. Whether you're looking to retain the existing home while exploring the potential of the land, renovate and enhance the current residence, or investigate a larger development opportunity, this property provides plenty of scope to consider.
The existing home retains its original character and charm, featuring three bedrooms, one bathroom and a welcoming living space centred around an open wood fireplace. Large windows capture lovely outlooks towards Riverside Park and the Moruya River, adding to the home's peaceful setting.
The location further enhances the opportunity, with Woolworths approximately 500m away and the shops, cafes, restaurants, riverfront and everyday conveniences of Moruya all within easy walking distance.
Property highlights:
• Approx. 1,987sqm landholding.
• E3 Productivity Support zoning.
• Two street frontages.
• Potential for subdivision STCA.
• Potential for redevelopment or alternative uses STCA.
• Existing three bedroom, one bathroom home.
• Semi-original character and charm.
• Open wood fireplace.
• Views towards Riverside Park and the Moruya River.
• Approx. 500m to Woolworths.
• Walking distance to the heart of Moruya.
With its size, zoning, dual street access and central location, opportunities of this nature are rarely offered. A property with genuine scope to explore its future potential, while enjoying the convenience of an existing home and everything Moruya has to offer.
Rates: $5,056.42 per annum
Zoning: E3 Productivity Support
Land size: 1,987sqm
Potential rental income: $575 - $600 per week
Contact Dawn Mason from Ray White Moruya today on 0424 847 522 for more information or to arrange an inspection!
Disclaimer: All information contained herewith is provided by third parties. We have obtained this information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Interested parties should make their own enquiries.