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Overview
Set in a highly desirable central pocket of Moruya, this 820m² north-facing land presents a remarkable opportunity for those looking to build a dream home or pursue a high-yield residential development.
The allotment's gentle slope and due-north orientation maximize natural light and passive heating, ensuring any future construction enjoys bright, open living spaces. Its private battle-axe setup offers tranquility, sheltered from street traffic, making it suitable for tenants, downsizers, or families seeking peace and comfort.
With R2 Low Density Residential zoning, this generously sized lot easily meets the requirements for dual-occupancy development under local planning laws. The possibility for a clean, freehold Torrens Title subdivision (subject to council approval) offers developers and builders a financially attractive path without the complications of strata schemes or body corporate involvement.
All essential services including water, sewer, power, and NBN are already accessible at the boundary line, simplifying connection and reducing preliminary costs. Its proximity to Moruya town centre, medical facilities, schools, artisan markets, and pristine South Coast beaches amplifies its appeal for a broad spectrum of buyers and investors.
Offering freedom from forced build deadlines, this property suits those wanting to land-bank as well as investors keen on capitalizing on a profitable dual-income opportunity. At $345,000, it represents a competitively priced and rare parcel of land within an established and growing community.
Local Market Insights
In Moruya, Quiet Listings observed 4 new parcels of land entering the market over the last 30 days, up from 3 during the previous 30-day period, with an average advertised asking price of $3,521,000. The property type mix of listed properties is predominantly Houses at 82%, followed by land (11%), and townhouses (5%). The most active agency for land in the Moruya area is currently Ray White, representing 50% of new listings, followed by Harcourts with 50%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Moruya NSW 2537