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1 Beach Street, Merimbula, NSW 2548, 7 Bedrooms, 7 Bathrooms, Unit

$3,500,000 - $3,700,000

1 Beach Street, Merimbula, NSW 2548

7
7
4
689m2
UnitListed on Fri Oct 4

Merimbula 7 Bedroom 1 Beach Steet, Merimbula

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.

Location

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Estimate

Council Data

Last update : 2024 11 30
Land value$1,300,000
Land687m²
Planning ZoneMedium Density Residential
Key SitesNo
Future Residential Growth AreaNo
Active Street FrontagesNo
Urban Release AreaNo
Obstacle LimitationNo
Floor Space Ratio0.6
Lot Size1000 m²
Height of Building10 m
Flood ZoneNo
Sulfate SoilsNo
BushfireNo
Landslide RiskNo
HeritageNo
State Significant Dev SitesNo

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Merimbula Public School
0.15 km
Primary
K-6
Government
icsea: 994
Eden Marine High School
18.71 km
Secondary
7-12
Government
icsea: 946

Property history

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Merimbula surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
1/10 Munn Street, Merimbula
0.21 km
3
2
-m2
Year 2024 Month 11 Day 06
$725,000
Council approved
UNIT 5 6 CAMERON ST, Merimbula
0.10 km
3
1
131m2
Year 2024 Month 10 Day 23
-
Council approved
UNIT 5 8 KYEAMBA ST, Merimbula
0.14 km
2
1
79m2
Year 2024 Month 09 Day 16
$550,000
Council approved
UNIT 19 59 MAIN ST, Merimbula
0.20 km
3
2
101m2
Year 2024 Month 08 Day 14
$592,000
Council approved
UNIT 4 6 CAMERON ST, Merimbula
0.10 km
2
1
89m2
Year 2024 Month 08 Day 08
$600,000
Council approved

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Ref:1P1676Last update:2024-12-19 04:22:36