41 Sapphire Coast Drive, Merimbula, NSW 2548

Expressions of Interest

House
Type
4
Bedrooms
2
Bathrooms
2
Parkings
1.12 ha
Area

Published on Monday, August 03, 2026 ( See property details for 41 Sapphire Coast Drive, Merimbula, NSW 2548)

Expressions of Interest

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile coastal property offering development potential, immediate income, and prime location in Merimbula, NSW.

🏡 Property Highlights

  • Substantial 11,175 sqm site with development potential (STCA)
  • Existing 4-bedroom residence providing immediate income
  • Prime location close to Merimbula town centre and beaches
  • Excellent connectivity with nearby airport and major cities
  • Ideal for multi-dwelling residential project or subdivision
  • Short stroll to local dining, lakes, and beaches

✨ Key Features

  • Built in robes
  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Outdoor Area
  • Pet-Friendly
  • Garage / Secure Parking
  • Internal Laundry
  • Floorboards
  • Ensuite
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41 Sapphire Coast Drive
Merimbula, NSW 2548
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Vertical aerial view — 41 Sapphire Coast Drive
41 Sapphire Coast Drive — Vertical Aerial  •  Merimbula, NSW 2548  •  Nearmap © 2026

Merimbula is a highly sought-after coastal town renowned for its pristine beaches, vibrant local dining scene, and scenic lakes. The area offers excellent connectivity to major cities via nearby airport, making it ideal for both lifestyle and investment. With close proximity to golf courses, national parks, and outdoor activities, Merimbula provides a relaxed yet vibrant coastal lifestyle. The community is family-friendly, with a strong sense of local identity and ongoing development opportunities. Its natural beauty and strategic location make it a premier choice for investors and residents alike.

What is the development potential of this property?
The property offers significant development potential for a multi-dwelling residential project or subdivision, subject to council approval (STCA).
What is the current income from the existing residence?
The existing 4-bedroom residence provides an immediate yield, making it a valuable holding while planning your development.
How close is the property to local amenities?
The property is within walking distance to Merimbula town centre, beaches, lakes, and local dining options, offering a highly convenient lifestyle.
What are the transport options nearby?
Merimbula Airport is just 3.9 km away with direct flights to Sydney and Melbourne, and the property is within a 3-hour drive to Canberra and 2.5 hours to the Snowy Mountains.
Are there any restrictions or zoning considerations?
Development is subject to council approval (STCA), and potential buyers should verify zoning and planning regulations with local authorities.
Are there any existing easements, covenants, or zoning restrictions affecting the development potential? What are the current council rates and any additional costs associated with land subdivision? Are there any known issues with the existing residence, such as structural defects or required repairs? Is there any ongoing or planned nearby construction that could impact the property’s value or lifestyle? What are the flood or bushfire risks associated with this coastal location? Are there any restrictions on building height, density, or design due to local planning policies? Has the property been tested for soil stability or environmental hazards? Are there any strata or community title considerations if subdivided? What are the future development plans for the surrounding area? Is there any history of flooding or drainage issues on the site?

41 Sapphire Coast Drive, Merimbula, NSW 2548 - More Details

Expressions of Interest

H Real Estate are pleased to present a premier investment opportunity in the heart of the Sapphire Coast: 41 Sapphire Coast Drive, Merimbula, NSW 2548.

This substantial 11,175 sqm total site area consists of a 6,776 sqm front parcel and a 4,399 sqm rear home site, offering significant development potential (STCA) for a multi-dwelling residential project or subdivision.

A key highlight of this property is the dual advantage of immediate income paired with long-term capital value. The site includes an existing 4-bedroom residence, providing an excellent holding yield while you finalize your development plans.

Key Features & Location Highlights:
• Total Land Size: 11,175 sqm across two parcels.
• Development Potential: Multi-dwelling residential project or subdivision (STCA).
• Immediate Yield: Existing 4-bedroom residence on-site.
• Prime Location: A short stroll to the Merimbula town centre, pristine beaches, the lake, and local dining.
• Connectivity: Just 3.9 km to Merimbula Airport (with direct flights to Sydney and Melbourne), a 3-hour drive to Canberra, and 2.5 hours to the Snowy Mountains.
• Lifestyle: Located 4.3 km from Tura Beach Golf Course and 5 km from Pambula Merimbula Golf Club.

Whether you are looking to landbank, develop immediately, or add a high-potential asset to your portfolio, this property represents a rare find in a highly sought-after coastal market.
Type
House
Bedrooms
4
Bathrooms
2
Parkings
2
Area
1.12 ha

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