2 Parrabel Street, Bega NSW 2550

Set in North Bega on a substantial 7,815sqm parcel, 2 Parrabel Street presents an opportunity to secure a large holding with flexible R5 Large Lot Residential zoning.

Formerly the site of the old Bega Motel, this property has been unused for several years, but its real value lies in the scale, zoning, and future potential of the land.

The R5 zoning allows for a wide range of opportunities suited to rural lifestyle or enterprise. Permitted uses include a dwelling, home business or home industry, environmental protection works, and several agricultural activities. Potential developments may include education facilities, landscaping material supplies, plant nurseries, pond-based aquaculture, or roadside stalls, subject to council approval.

Positioned in the heart of North Bega, the location is highly convenient. The property sits just moments from the highway, close to the well-known Bega Cheese factory, and only a short drive into the Bega CBD. Elevated sections of the land may also capture appealing outlooks across the surrounding area.

Properties of this size and zoning within town limits are becoming increasingly difficult to secure. For developers, business operators, or buyers looking for space and flexibility, this site offers the chance to revitalise what was once a well-known North Bega location.

Contact Matthew today for further information or to arrange an inspection.