5/1- 3 Ocean Drive
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About this property
Coastal Living at Its Best Prime Location Across from Mitchies Jetty & Main Beach. LIVE IN or RENT OUT AND EARN A GREAT INCOME Enjoy the ultimate beachside lifestyle with this spacious 2-bedroom, 2-bathroom apartment, perfectly positioned directly across from the iconic Mitchies Jetty and the stunning reserve leading onto Merimbula's Main Beach. Upstairs is the main living room with a brand new kitchen and flooring. Freshly painted throughout. The sliding doors opening to a private deck space gives you views down to Mitchies Jetty. With an inground pool in the complex and only 9 units its easy living with no management contracts in place. Whether you're looking for a permanent seaside residence or a high-performing holiday investment, this property offers the best of both worlds. With the beach, cafes, walking tracks, and vibrant Merimbula township all just moments away, this apartment presents an exceptional opportunity to live the dream or earn a fantastic income through holiday letting. An additional feature includes a double lock-up garage, providing secure parking. Don't miss your chance to secure this enviable lifestyle or investment property in one of the South Coast's most sought-after locations.
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 2
- Parking
- 2
- Listed
- 3 months ago
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Neighbourhood
Living in Merimbula
This 2-bedroom apartment in Merimbula, NSW 2548 sits within reach of public transport, local shops and nearby schools. It is listed 8% above the $739,000 median of 72 comparable apartmentswithin 5 km.
Schools near Merimbula
- Merimbula Public Schoolprimary · K-6 · CoEd
What's nearby
- Twyford Hall, Market St (bus) — 915 m away
- Lighting Design — 774 m away
- Ford Park — 313 m away
- Spencer Park — 725 m away
- Rotary Park — 736 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 · Unit 2 bed
Compound growth +1.7% / yr over 4 yrs
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Full Merimbula marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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