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153 Princes Highway, Narooma, NSW 2546

153 Princes Highway, Narooma, NSW 2546

Hotel/Leisure Land/Development

  • Sold Contact Agent
  • Sat 05-Jun-21

  • Land Area
  • 0.72ha (1.77 acres) (approx)
  • Floor Area
  • 2,500 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Jun 05, 2021

Interested in this property? Contact an Agent today

For Sale By Owner

Suite 3, 19 William Street

Balaclava Vic 3183

For Sale By Owner (Commercial)


The Phone Code for this property is: 88269. Please quote this number when phoning or texting.

Tara Medical Village Motel at 153 Princes Highway Narooma is the best medium density re-development site on the entire South Coast, ripe now or land banked for later.

To sweeten this already juicy bone Tara enjoys a passing income from affordable housing for veterans, the aged and the disabled while you make your plans.

Located on the Princes Highway at Narooma and having a three street frontage this 7152 sqm site is perfectly contoured and regularly shaped for maximising content while minimising cost.

Its perfect amenity is guaranteed being located on the ridgeline between the two commercial sections of the town.

Zoned medium density residential it affords top building site, amenity and views.

Currently Tara comprises 6 major buildings, all renovated & refurbished in 2018 being

(a) 3 residential buildings totalling 1 x 5BR ocean view penthouse, 3 x 2 bedroom fully self-contained apartments, 16 x 1 bedroom fully self-contained apartments and 4 ensuite staff bedrooms;

(b) a fully equipped 100 seat restaurant with

153 Princes Highway, Narooma, NSW 2546

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