1 Beach Street
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About this property
Beach Street Apartments A Premier Merimbula Investment Opportunity. Offered for sale for the first time, Beach Street Apartments presents an exceptional investment opportunity in one of Merimbula's most desirable locations. Positioned just metres from the crystal waters of Merimbula lake, this property includes 4 fully self-contained apartments, each with private balconies offering stunning views over Merimbula Lake. This incredible locale delivers front-row access to the very best of Merimbula lifestyle with boating, water sports and fishing just steps away. Developers, Investors or Owner-Occupiers, there is something for everyone with this rare gem, so act fast to ensure you secure this prime piece of real estate. Providing the new owner the option to land bank with a holding income, or hold until you formulate development plans to capitalise on the site's full potential, alternatively live in one and collect the rent from the others. Property Highlights include: Three x 2-bedroom apartments with deck and incredible water views One x 1-bedroom apartment with deck and incredible water views Tastefully decorated interiors with queen-size beds Fully equipped kitchens with dishwasher and microwave Main bathrooms with en suites and spa baths Laundry facilities with clothes dryer Private undercover parking for each apartment Solar-heated pool and communal BBQ area Separately metered apartments for ease of management 689m2 prime corner position on the corner of Main street and Beach street. Located just a five-minute walk to Merimbula's cafes, Clubs, restaurants, and shopping and a 5-minute drive to Merimbula airport. Thanks to its prized location and premium facilities, Beach Street Apartments generates significant holiday accommodation income year-round. The property is separately metered, providing a hassle-free investment for astute buyers. Secure this blue-chip development opportunity by contacting Simon Robins today to arrange a viewing and for more information.
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Bedrooms
- 7
- Bathrooms
- 7
- Parking
- 4
- Land Area
- 689 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Merimbula
This 7-bedroom land in Merimbula, NSW 2548 sits within reach of public transport, local shops and nearby schools. It is listed 334% above the $690,000 median of 72 comparable landswithin 5 km.
Schools near Merimbula
- Merimbula Public Schoolprimary · K-6 · CoEd
What's nearby
- Twyford Hall, Market St (bus) — 456 m away
- Merimbula Trophys & Engraving — 468 m away
- Spencer Park — 331 m away
- Rotary Park — 509 m away
- Unnamed — 643 m away
Merimbula at a glance
Full suburb profile- Population
- 3,821
- Median age
- 54
- Household income
- $1,146/wk
- Median rent
- $310/wk
- Median mortgage
- $1,517/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Merimbula price trend
Median sold · House 3 bed
Compound growth -0.4% / yr over 4 yrs
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Listing price changes
1 price change recorded for this property
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