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1 Beach Street, Merimbula$3.00m
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1 Beach Street

Merimbula, NSW 2548, Australia
$3.00m
7 bed 7 bath 4 car689 m²

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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

Repayment calculator

$14,520/month
$7,260 /fortnight
Loan $2,396,000 at 6.10% over 30 years

Upfront costs

Deposit$599,000
Stamp duty$144,949
Conveyancing (est.)$2,000
Total upfront$745,949
Verify with NSW revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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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 & Engraving468 m away
  • Spencer Park331 m away
  • Rotary Park509 m away
  • Unnamed643 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

$887kcurrent median

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Price history

Price history

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1 price change recorded for this property

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