Bermagui Real Estate – 02 6493 4565 .
All Genuine Offers Considered.
Situated between two streets, Narira and Bank Streets in Cobargo, is this parcel of land with an original building which was home to the Catholic Brothers, and other various outbuildings. The building is approx 150 years old and in good condition for its age although it needs some renovation to bring it back to its former glory. The building is not heritage listed at this point in time.
If the building was to be renovated, you would have a large home on acreage within the town limits. Peace, privacy and convenience in Cobargo.
The original configuration of this land is 11 blocks in total, but, the high cost of dividing this land would be unrealistic in these ecomomic times.
The property is in a good area and is located within an easy walk to Cobargo shops, pool, school and sports fields. Bermagui and its beautiful beaches is a casual 20 minute drive.
Gary’s Note: After lengthy discussion with council representatives, it appears that the best way to develop this property is to reconfigure the blocks with a central cul-d-sac off Narira Street. This would suit medium density development. Other information that came to light is that the home is NOT heritage listed and could be repaired, renovated or removed. But, will all issues raised, please contact Bega Valley Council to check any issues that are related to this property. They have been very helpful in the research that has been done.