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2 Parrabel Street
Bega, NSW 2550

Land Size: 7815 sqm
Property Type: Land
Listed Date: 21st Mar 2026
Overview

2 Parrabel Street, Bega, NSW, 2550

Located in North Bega, this substantial 7,815 square meter parcel at 2 Parrabel Street offers a unique opportunity to acquire a large landholding with flexible R5 Large Lot Residential zoning. The property was formerly the site of the old Bega Motel and has been unused for several years. Its true value lies in the scale, zoning, and future development potential of the land.

The R5 zoning classification provides a broad range of permitted uses suitable for rural lifestyle or enterprise. These include residential dwellings, home businesses or industries, environmental protection works, and various agricultural activities. Potential developments on this site may encompass education facilities, landscaping material supplies, plant nurseries, pond-based aquaculture, or roadside stalls, all subject to council approval.

Strategically positioned in the heart of North Bega, the property enjoys a highly convenient location. It is situated just moments from the highway, close to the renowned Bega Cheese factory, and only a short drive from the Bega Central Business District. Elevated sections of the land may also offer attractive outlooks across the surrounding area, enhancing its appeal.

Properties of this size and zoning within town limits are increasingly rare to find. This site presents an excellent opportunity for developers, business operators, or buyers seeking space and flexibility. It offers the chance to revitalize a well-known North Bega location with significant potential for various uses.

For further information or to arrange an inspection, interested parties are encouraged to make contact.

Location
2 Parrabel Street
Bega NSW 2550
Market Insights for Bega NSW 2550
New Listings (last 30 days)
8
Average price
$775,250
Lowest price
$488,000
Highest price
$1,095,000
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* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.