FOR SALE
$950,000 - $1,045,000

10/522 Arthur Kaine Drive
Merimbula NSW 2548

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
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Penthouse Living

This huge 4 bedroom penthouse apartment offers unobstructed panoramic views of Merimbula Lake and township. Located across from Merimbula Boat Ramp, it is a 1km walk or drive to Merimbula's Main Street, 550m to Fishpen's Mitches Jetty and less than 200m to Main Beach.
The open plan living consists of 2 spacious lounge areas, a study nook, dining, modern kitchen and an adjoining wrap around (private) verandah. The apartment faces north east, with multiple glass sliding doors, allowing an abundance of natural light and airflow throughout.
The master is equipped with a large ensuite and east facing verandah, which looks over a (common property) paved entertaining area and pool. The remaining 3 bedrooms are well-sized with built-in robes. There is a separate laundry (exceptionally sized for an apartment!) and a designated covered car park.
Previously under holiday-management, Waterview Apartments can now be OWNER OCCUPIED, or holiday-let through an onsite manager - the choice is yours!
For additional details or for an inspection over the holiday-period, get in touch with our sales team today.
Features you'll love:
• 550m to Mitches Jetty
• 200m to Main Beach, Merimbula
• Spacious floorplan with open plan living
• NE facing
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Property Details for 10/522 Arthur Kaine Dr, Merimbula

10/522 Arthur Kaine Dr, Merimbula is a 4 bedroom, 2 bathroom Unit with 1 parking spaces. The place is currently for sale with Raine & Horne Merimbula.

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About Merimbula 2548

The size of Merimbula is approximately 18.3 square kilometres. It has 14 parks covering nearly 8.6% of total area. The population of Merimbula in 2011 was 3,277 people. By 2016 the population was 3,544 showing a population growth of 8.1% in the area during that time. The predominant age group in Merimbula is 60-69 years. Households in Merimbula are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Merimbula work in a professional occupation. In 2011, 57.8% of the homes in Merimbula were owner-occupied compared with 58.3% in 2016.

Merimbula has 3,594 properties. Over the last 5 years, Houses in Merimbula have seen a 65.73% increase in median value, while Units have seen a 59.89% increase. As at 31 August 2024:

  • The median value for Houses in Merimbula is $893,586 while the median value for Units is $519,097.
  • Houses have a median rent of $650 while Units have a median rent of $480.
There are currently 62 properties listed for sale, and no properties listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 142 properties were sold in the past 12 months in Merimbula.

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Kristi Symons
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Raine & Horne Merimbula
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