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SOLD

78 Merimbula Drive MERIMBULA, NSW 2548

Sold - Tuesday 26 October 2021, price undisclosed
Bed Icon7 Bedrooms
Bath Icon5 Bathrooms
Unimproved value:A$291,000 (2020)Block size:1606
Bed Icon7 Bedrooms
Bath Icon5 Bathrooms

'THE LODGE' - ENTIRE COMPLEX OF 5 UNITS

This is one of those sought after real estate opportunities that will excite your investment portfolio. Situated on 1,606m2 of prime Merimbula land is this five-unit complex, on two titles, with ocean views on one side & Merimbula lake views on the other. This recently renovated complex consists of 3 x 1 bedroom units & 2 x 2 bedroom units, all currently tenanted with excellent & competitive returns. This unique property offers a great opportunity to diversify your investment portfolio or the flexibility of a live-in unit for yourself with rental returns from the other 4. Located in the heart of the stunning Sapphire Coast & offering sun-kissed coastal freedom, where mornings and weekends spent fishing, paddle boarding, surfing & kayaking on Merimbula's spectacular waterways are a way of life. Simply add this complex to your rental portfolio as-is and enjoy an instant return on your investment.
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- New kitchen in all 5 units
- New flooring in each unit
- Freshly painted throughout both the interior & exterior of the complex
- Sun filled interiors with each unit having open plan living, dining & kitchen areas
- Easy care grounds with plenty of off-street parking for tenants & visitors
- Expansive rear yard with scenic outlook to Merimbula Lake & unspoilt bushland beyond
- Enjoy a vibrant mix of restaurants, cafes, clubs & sporting facilities within easy reach

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Information about this Property

  • Listed on
  • Last updated
  • Property typeOther
  • Block size1606m² (approx)
  • Bedrooms7
  • Bathrooms5
  • Land valueA$291,000 (2020)
  • Stamp dutyA$65,052
  • RatesA$2,104
  • Land taxA$2,650 if rented
* Figures quoted above are approximate values based on available information.

Sales History for 78 Merimbula Drive MERIMBULA, NSW 2548

The Other at 78 Merimbula Drive MERIMBULA, NSW 2548 has been sold 1 time before, with the most recent sale being for $650,000 on 18 April 2018.

Sold DatePrice
A$650,000
Sold Date
PriceA$650,000
view full sales history for 78 Merimbula Drive

Local Neighbourhood

78 Merimbula Drive MERIMBULA, NSW 2548 has 2 schools within 5 kilometres, with the closest being Merimbula Public School.

DistanceSchoolAddress
1.85 kmMerimbula Public School47-55 Main Street, MERIMBULA 2548Pin Icon
4.86 kmPambula Public School25 Oregon St, Pambula 2549Pin Icon

About Merimbula

78 Merimbula Drive is located within the suburb of Merimbula, which has a population of 3,544, a median age of 55 and an average household density of 2 people.

  • 3544Population
  • 55Median Age
  • 2Avg. Household Size
Median Sale Price

Household Composition

Established Families
Couples
Single Parent Families
Single
Group Household

Dwelling Types

Houses
Apartments
Semi-Detached
Not Stated
Other

Occupancy Types

Owned w/ Mortgage
Owned Outright
Rented Privately

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Merimbula Drive

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Merimbula

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Far South Coast

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