Price unavailable
Price unavailable78 Merimbula Drive, Merimbula NSW 2548
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Property was sold on 26 October 2021.
Sold on 26 October 2021.
7 beds
5 baths
House
1606m²
7
5
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House
1606m²
This property is nestled close to the sandy shores, offering an idyllic beach lifestyle.
Escape the hustle and bustle with this countryside retreat, ideal for those seeking peace and tranquility.
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. . - 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