FHGC | Vendor Finance Available Australian National Real Estate is pleased to offer this outstanding investment opportunity prominently located in the heart of Merimbula - the Centre of tourism within the Bega Valley. Development Zone: R3 - Medium-Density Residential - Motel Business - 25 x Rooms to meet all budget types (Standard Queen, Twin Room, Queen Deluxe Room, Small 2 Bedroom Self Contained Family Unit) - Massive 3,600 sqm of land - R3 - Medium-Density Residential - DA plans available for site redevelopment (STCA) An incredibly rare opportunity is waiting for an investor, builder, or developer alike to take this property to the next level (STCA). - Proposed plans for 14 x apartments units (STCA) - The property has two street access points (Merimbula St & Reid St) - Well-located and elevated position overlooking the town - Close to the airport with daily flights to Sydney & Melbourne - Holding income with an established motel while you plan your development - Opportunity to renovate into a 4-star motel - Generously sized units Property inspections are by appointment only, Please contact Las Widanage 0429 115 115 Australian National Real Estate may refuse to provide further information about the property should you prefer not to disclose your Full Contact Details including Phone Number. Disclaimer: We have in preparing this document used our best endeavors to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements in this document. Prospect purchasers should make their own inquiries to verify the information contained in this document. Purchasers should make their own inquiries and refer to the due diligence. Property Code: 4113