RWC (SC) is pleased to present to market a rare mixed use development site with DA approval of twenty (20) luxury apartments with retails on ground floor. The subject site is located at a gateway location of 82 Princes Highway, Narooma.
Situated on an expansive 943m2* corner site at the heart of Narooma towncentre, providing premium, unobstructed views across the Pacific Ocean and offering excellent amenity with a short walk to local beaches, restaurants and cafes, schools and parks.
Narooma represents the jewel of the NSW South Coast, offering an unparalleled coastal lifestyle defined by the stunning turquoise waters of Wagonga Inlet, pristine local beaches, and a vibrant local culinary scene famous for its oysters. As a highly sought-after sea-change destination, this location provides the perfect blend of relaxed seaside living, spectacular nature-based recreation, and convenient everyday amenities, ensuring strong appeal for future residents and commercial tenants alike.
Additional highlights of the asset include:
Site Area: 943m2*
Zoning: E1 Local Centre
Permissible Height: 11.5m
Dual frontage to Princes Highway and McMillan Road
DA approved for 20 luxury apartments with 2 retails on ground floor
Strategic location between Sydney, Melbourne and Canberra
82 Princes Highway, Narooma is offered for sale.
For further information, please contact the exclusive selling agents below.
*Approximately
The size of Narooma is approximately 120.0 square kilometres. There are 11 parks, covering nearly 69.2% of the total area. The population of Narooma in 2016 was 2605 people. By 2021 the population was 2731 showing a population growth of 4.8% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Narooma work in a trades occupation.In 2021, 72.00% of the homes in Narooma were owner-occupied compared with 69.10% in 2016.
Narooma has 2,514 properties. Over the last 5 years, Houses in Narooma have seen a 32.15% increase in median value, while Units have seen a 40.83% increase. As at 31 July 2026:
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