FOR SALE
$575,000

2A Harrington Road
Narooma NSW 2546

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 0.0617ha
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Development Opportunity - R3 Medium Density Residential.

This exceptional 617 sqm block of land is perfectly positioned right in the heart of Narooma, offering unparalleled convenience with easy access to local shops, cafes, and the medical centre. Zoned R3 (Medium Density Residential), this property presents an outstanding opportunity for developers or investors looking to capitalize on Narooma's growing demand for housing.
With the flexibility to build multi-unit dwellings (subject to council approval), this site is ideal for a medium-density residential development. A feasibility study has already been completed, providing valuable insights into the potential for the site. Feasibility Plans available upon request.
Key features:
-617 sqm of prime, centrally located land
-Zoned R3 (Medium Density Residential), allowing for unit development
-Close proximity to shops, cafes, medical facilities, and public transport
-Feasibility study available upon request
Don't miss this rare chance to secure a development site in the thriving Narooma town centre. Contact Steve at LJH Narooma on 0407 22 66 03 today for more information or to arrange an inspection!

Property Details for 2a Harrington Rd, Narooma

Building Type
Land
Land Size
0.0617ha

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About Narooma 2546

The size of Narooma is approximately 120 square kilometres. It has 11 parks covering nearly 69.2% of total area. The population of Narooma in 2011 was 2,416 people. By 2016 the population was 2,611 showing a population growth of 8.1% in the area during that time. The predominant age group in Narooma is 60-69 years. Households in Narooma are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Narooma work in a trades occupation. In 2011, 68.6% of the homes in Narooma were owner-occupied compared with 69.1% in 2016.

Narooma has 2,500 properties. Over the last 5 years, Houses in Narooma have seen a 75.64% increase in median value, while Units have seen a 90.37% increase. As at 30 November 2024:

  • The median value for Houses in Narooma is $784,954 while the median value for Units is $486,291.
  • Houses have a median rent of $505 while Units have a median rent of $420.
There are currently 43 properties listed for sale, and 6 properties listed for rent in Narooma on OnTheHouse. According to CoreLogic's data, 114 properties were sold in the past 12 months in Narooma.

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Steven Hutcheson
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LJ Hooker Narooma
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