A rare opportunity awaits at 2848 Princes Highway, Moruya - a substantial landholding of approximately 36,500m2 positioned within the R2 Low Density Residential zone.Set on a large parcel with an existing cottage, this property offers immediate use or holding potential while future development options are explored. Whether you are a developer, investor, land banker or purchaser seeking a sizeable residential- zoned holding, this property presents an exciting opportunity in a growing South Coast location.Appealing to developers and investors this property is positioned within Council's South Moruya expansion zone with the brand-new Eurobodalla Regional Hospital which will be less than 1km away.The existing 1960's era cottage offers 3 bedrooms, main bathroom with additional shower and toilet in laundry which provides flexibility for occupation, rental income or renovation, while the true value lies in the scale of the land, it's zoning and long term potential it may offer , subject to council approval.Conveniently positioned with access to Moruya town centre, local schools, shops, services, beaches and the broader Eurobodalla coastline, this is a strategic holding with options for today and potential for tomorrow.Key Features:Approx 36,542m2 / 3.65ha landholdingR2 Low Density Residential ZoningExisting cottage on siteHolding income or occupation potentialFuture development upside STCASuitable for developers, investors or land bankersConvenient access to Moruya township and South Coast lifestyle attractionsAll development potential is subject to council approval.Interest parties should rely on their own planning, legal and development enquires.
The size of Moruya is approximately 78.4 square kilometres. There are 12 parks, covering nearly 4.9% of the total area. The population of Moruya in 2016 was 3982 people. By 2021 the population was 4295 showing a population growth of 7.9% in the area during that time. The predominant age group in Moruya is 60-69 years. Households in Moruya are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Moruya work in a trades occupation.In 2021, 74.20% of the homes in Moruya were owner-occupied compared with 70.10% in 2016.
Moruya has 2,687 properties. Over the last 5 years, Houses in Moruya have seen a 30.35% increase in median value, while Units have seen a 41.80% increase. As at 30 June 2026:
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