- Land area 13.24ha*
- Up to 20 vacant land commercial development sites surveyed
- IN1 - General Industrial Zone
Sails are pleased to offer this rare commercial development opportunity with significant development sites available on the busy Mount Darragh Road in South Pambula. The sites are suited to a range of commercial possibilities to capitalise on central precinct with limited commercial development sites available in the shire.
LOCATION
Situated just off the Princess Highway on Mount Darragh Road.
10kms from Merimbula, 20kms from Eden, 35kms from Bega via the Princess Highway and subsequent bypasses shifting the majority of heavy vehicles servicing the east coast between Sydney, Canberra and Melbourne.
The development offers excellent exposure and offer easy access on and off the Princess Highway via Mount Darragh Road meters from the Tee Tree Road House and Service Station.
Existing Dwelling and shedding currently tenanted at $300/week with option to vacate or retain tenancy.
LAND AREA
13.24ha*
Potential of 20 sites with an average size of 4550m2*
*Approximate
The size of South Pambula is approximately 5.5 square kilometres. It has 1 park. The population of South Pambula in 2011 was 418 people. By 2016 the population was 482 showing a population growth of 15.3% in the area during that time. The predominant age group in South Pambula is 50-59 years. Households in South Pambula are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in South Pambula work in a labourer occupation. In 2011, 80% of the homes in South Pambula were owner-occupied compared with 78.2% in 2016.
South Pambula has 237 properties. Over the last 5 years, Houses in South Pambula have seen a 79.73% increase in median value. As at 31 October 2024:
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