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3 Otway Close

Merimbula, NSW 2548, Australia
$1.70m
5 bed 3 bath 6 car1818m²

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Area Price Guide
$1.60m$1.80m

Indicative price guide range

🏘️
86
Comparable
📊
$745,000
Area median
⚖️
+128%
vs median
📐
$935
Per m²
📏
1818 m²
Land
🗓️
1 week ago
Listed

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About this property

Rarely does an opportunity arise to secure a property in the tightly held Otway Close, where tranquility meets prestige and properties seldom come to market. This completely renovated 249m² residence on an expansive 1,818m² block represents the ultimate in move-in-ready coastal living, with every detail meticulously updated to perfection. Comprehensively Renovated Throughout This is not a cosmetic refresh-this is a complete transformation. Every element has been thoughtfully renewed, ensuring you can simply move in and start enjoying the lifestyle immediately: New plumbing and electrical throughout Fresh premium carpets in all bedrooms Crisp new paint from top to bottom Modern new bathrooms and toilets Contemporary new laundry Stylish new blinds and curtains throughout There is absolutely nothing to do but unpack and embrace the Merimbula waterfront lifestyle. Versatile Dual-Level Living The home's intelligent design includes separate downstairs living with private access and kitchenette-perfect for teenage retreat, guest accommodation, extended family, or potential rental income. This flexible configuration provides options for every family's needs while maintaining privacy and independence. Stunning Waterfront Position Wake each morning to captivating views across Merimbula's famous oyster farms, where the ever-changing waterscape provides a serene and picturesque backdrop to daily life. The elevated position captures these stunning vistas while the peaceful cul-de-sac location ensures minimal traffic and maximum tranquility. Lifestyle at Your Doorstep Direct access to the popular boardwalk for morning walks and exercise Beautiful waterfront walking trails along Merimbula Lake Easy access into Merimbula town centre Peaceful cul-de-sac in a rarely available, tightly held pocket Sweeping views to Merimbula's iconic oyster farms Exceptional Parking & Space The generous 1,818m² block provides abundant off-street parking for caravans, boats, trailers, and multiple vehicles-a rare luxury in sought-after waterfront locations. There's room for the whole family and all the toys that come with the coastal lifestyle. The Perfect Package This property ticks every box: a prestigious tightly held address, comprehensive renovations eliminating years of work and expense, versatile living spaces, stunning water views, and direct boardwalk access. Whether you're seeking a forever family home, a luxurious coastal retreat, or a smart investment in one of Merimbula's most desirable streets, this is your moment. In a street where opportunities rarely arise, don't let this one pass you by.

Property Features

    View full listing on Domain

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    Repayment calculator

    $8,237/month
    $4,118 /fortnight
    Loan $1,359,200 at 6.10% over 30 years

    Upfront costs

    Deposit$339,800
    Stamp duty$73,669
    Conveyancing (est.)$2,000
    Total upfront$415,469
    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.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    5
    Bathrooms
    3
    Parking
    6
    Land Area
    1818m²
    Listed
    1 week ago

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