4 View Street
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About this property
Positioned in a highly sought-after pocket of central Merimbula, 4 View Street presents a rare opportunity to secure a substantial multi-dwelling investment with immediate income and long-term potential. Comprising four strata-titled residences on Medium Density Residential zoning, this versatile coastal asset enjoys an elevated position with sweeping views across Merimbula and the ocean beyond. Offering strong existing returns and future upside, this is an exceptional chance to acquire a quality investment in one of the South Coast's most desirable locations. Currently returning a combined $1,510 per week, the property offers multiple income streams within walking distance to Merimbula's town centre, cafés, shopping precinct, beaches and a short drive to the nearby Merimbula Airport. Unit Breakdown Unit 1 | 2 Bed | 1 Bath | 1 Car | $310 per week Spacious and comfortable with built-in robes to both bedrooms, generous storage, common laundry access and elevated views across Merimbula. Unit 2 | 2 Bed | 1 Bath | $320 per week Renovated throughout with a near-new kitchen and updated bathroom, plus two generous bedrooms with built-in robes and beautiful township views. Unit 3 | 2 Bed | 1 Bath | 1 Car | $380 per week Neat split-level design featuring an updated kitchen and functional floorplan. Unit 4 | 3 Bed | 2 Bath | 3 Car | $500 per week The standout of the complex, this standalone strata residence offers added space and flexibility with a refurbished kitchen, lock-up garage, sunny balcony, private yard and ocean views from the main bedroom. Property Highlights - Four strata-titled residences - Medium Density Residential zoning - Combined rental return of $1,510 per week - Elevated township and ocean views - Excellent central Merimbula location - Strong tenant demand and proven rental history - Outstanding investment and future potential (STCA) Opportunities to secure multi-income strata assets in this tightly held coastal market are increasingly rare. Whether you're expanding your portfolio or securing a premium landholding with immediate returns, 4 View Street offers income, location and long-term upside. Council Rates - $15,109.55
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Bedrooms
- 9
- Bathrooms
- 5
- Parking
- 4
- Listed
- 1 month ago
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Neighbourhood
Living in Merimbula
This 9-bedroom land in Merimbula, NSW 2548 sits within reach of public transport, local shops and nearby schools. It is listed 101% above the $745,000 median of 71 comparable landswithin 5 km.
Schools near Merimbula
- Merimbula Public Schoolprimary · K-6 · CoEd
What's nearby
- Merimbula Imlay Bowling Club, Main St (bus) — 578 m away
- Merimbula Mowers and Marine — 397 m away
- Magi Park — 322 m away
- Boller Park — 830 m away
- Unnamed — 937 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
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Merimbula price trend
Median sold · House 3 bed
Compound growth -0.4% / yr over 4 yrs
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Full Merimbula marketThis listing
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Listing price changes
1 price change recorded for this property
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