FOR SALE
AUCTION

215-217, 221 & 223 Imlay Street
Eden NSW 2551

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 9975m2
Land area: 9975m2
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Auction Time
Wed 11 Dec 10:00 am
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DA APPROVED SAPPHIRE COAST DEVELOPMENT SITE (MORTGAGEE IN POSSESSION)

Ray White Commercial (SC) in conjunction with Chris Wilson Real Estate is pleased to present to market a significant Sapphire Coast mixed use development site with DA approval for three luxury residential apartment buildings comprising 86 units and a 78-room 5 star hotel.
Situated on an expansive 9,975sqm* corner site at the highest point in Eden providing premium, unobstructed views across the Pacific Ocean and offering excellent amenity with a short walk to local beaches, restaurants and cafes, schools, parks and the Port of Eden.
Eden is a popular regional tourist hotspot on the Sapphire Coast due to its strategic location between Sydney, Melbourne and Canberra as well as the capabilities of the Port of Eden generating over 40 cruise ship visitations per year.
Additional highlights of the asset include:
• Site Area: 9,975sqm*
• Zoned MU1 Mixed Use
• Maximum building height of 16m
• Over 100m* of street frontage to Imlay Street
• DA Approval for three luxury residential apartment buildings featuring 86 apartments, approved for a GFA of 9,278 square metres and a 78-room 5 star hotel with an approved gross floor area (GFA) of 4,984 square metres
• Strategic location between Sydney, Melbourne and Canberra and 20km* to Merimbula Airport
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Property Details for 215-217, 221 & 223 Imlay St, Eden, NSW 2551

Building Type
Commercial
Floor Size
9975m2
Land Size
9975m2

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About Eden 2551

The size of Eden is approximately 86.4 square kilometres. It has 21 parks covering nearly 85.4% of total area. The population of Eden in 2011 was 3,043 people. By 2016 the population was 3,153 showing a population growth of 3.6% in the area during that time. The predominant age group in Eden is 60-69 years. Households in Eden are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Eden work in a labourer occupation. In 2011, 60.6% of the homes in Eden were owner-occupied compared with 61.6% in 2016.

Eden has 2,333 properties. Over the last 5 years, Houses in Eden have seen a 58.06% increase in median value, while Units have seen a 57.32% increase. As at 31 October 2024:

  • The median value for Houses in Eden is $617,629 while the median value for Units is $442,036.
  • Houses have a median rent of $570 while Units have a median rent of $400.
There are currently 94 properties listed for sale, and 5 properties listed for rent in Eden on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in Eden.

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Samuel Hadgelias
Nick Ward
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