78 Merimbula Drive, Merimbula

Sold Oct 26, 2021

BLOCK | SOLD

Property Details

  • Property ID: 61878500
  • Bedrooms: 7
  • Bathrooms: 5
  • Property type: BLOCK
  • Land size: 1606 Metres²
  • Building size:
  • Car Spaces: 5
  • Listing type: SOLD
  • Available: Monday 26th July, 2021

Features

  • Balcony
  • Dishwasher
  • Floorboards

Description

'THE LODGE' - ENTIRE COMPLEX OF 5 UNITS

This is one of those sought after real estate opportunities that will excite your investment portfolio. Situated on 1,606m2 of prime Merimbula land is this five-unit complex, on two titles, with ocean views on one side & Merimbula lake views on the other. This recently renovated complex consists of 3 x 1 bedroom units & 2 x 2 bedroom units, all currently tenanted with excellent & competitive returns. This unique property offers a great opportunity to diversify your investment portfolio or the flexibility of a live-in unit for yourself with rental returns from the other 4. Located in the heart of the stunning Sapphire Coast & offering sun-kissed coastal freedom, where mornings and weekends spent fishing, paddle boarding, surfing & kayaking on Merimbula's spectacular waterways are a way of life. Simply add this complex to your rental portfolio as-is and enjoy an instant return on your investment.
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• New kitchen in all 5 units
• New flooring in each unit
• Freshly painted throughout both the interior & exterior of the complex
• Sun filled interiors with each unit having open plan living, dining & kitchen areas
• Easy care grounds with plenty of off-street parking for tenants & visitors
• Expansive rear yard with scenic outlook to Merimbula Lake & unspoilt bushland beyond
• Enjoy a vibrant mix of restaurants, cafes, clubs & sporting facilities within easy reach

Walking
Police
0.9km
12.5 mins
Club Sapphire (Restaurant)
1.07km
14.9 mins
The Picture Show Man Twin Cinema (Cinema)
1.08km
15 mins
FCK (Fast Food)
1.11km
15.4 mins
Fire Station
1.19km
16.5 mins
Hungrys (Fast Food)
1.2km
16.7 mins
Parking Space
1.21km
16.8 mins
Thai Noodle House (Restaurant)
1.22km
17 mins
Post Office
1.24km
17.2 mins
The Daisy Lounge (Cafe)
1.25km
17.4 mins
Orthodontist (Dentist)
1.26km
17.5 mins
Merimbula Pizza (Fast Food)
1.27km
17.7 mins
Market Street (Cafe)
1.28km
17.8 mins
Nori Hub (Fast Food)
1.29km
17.9 mins
Ritzy wine + tapas bar (Restaurant)
1.3km
18.1 mins
Merimbula School of Music (Music School)
1.31km
18.2 mins
Midtown Delites (Cafe)
1.32km
18.3 mins
McDonald's (Fast Food)
1.33km
18.5 mins
Booktique (Cafe)
1.34km
18.6 mins
Yummy Thai (Restaurant)
1.35km
18.8 mins
Valentina (Restaurant)
1.36km
18.9 mins
St Clements Anglican Church (Place Of Worship) [anglican christian]
1.37km
19 mins
Merimbula R.S.L. (Restaurant)
1.39km
19.3 mins
Merimbula R.S.L. (Bar)
1.41km
19.6 mins
St Joseph's (Place Of Worship) [catholic christian]
1.48km
20.6 mins
Tesla Destination Charger - Unit 2 Coast Resort (Charging Station)
1.71km
23.8 mins
Fuel
1.75km
24.3 mins
Fishpen Takeaway (Fast Food)
1.95km
27.1 mins
Cranky Take Away (Fast Food)
1.96km
27.2 mins
Grumpy Cafe (Cafe)
1.97km
27.4 mins