FOR SALE
$699,000

22/1-5 Ocean View Avenue
Merimbula NSW 2548

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
Floor area: 109m2
Land area: 7253m2
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22/1-5 Ocean View Avenue

Nestled atop Merimbula in the prestigious 'Pacific Heights' complex, this stunning three-storey apartment offers an unparalleled living experience with breathtaking views that stretch across Merimbula town, Short Point, and Merimbula Lake. The panoramic vistas provide a daily reminder of the serene beauty of this coastal paradise, making it the perfect escape from the hustle and bustle of everyday life.
Elegantly designed and tastefully decorated, this three-bedroom, three-bathroom residence is a haven of comfort and luxury. Each bedroom is a private retreat, featuring its own recently renovated bathroom, ensuring that every guest enjoys maximum comfort and privacy. This thoughtful layout makes the apartment an ideal choice for holiday letting, allowing you to share your slice of paradise with others or to keep it as your own personal sanctuary whenever you visit Merimbula. Alternatively, the apartment's design and amenities make it perfectly suited for permanent living, offering a perpetual holiday feel every day of the year.
The kitchen, unusually spacious for an apartment, boasts ample bench space and room for a generously sized dining table, creating a warm and inviting space for both cooking and entertaining. The kitchen seamlessly flows into a charming courtyard, where a pretty garden and filtered sunlight create a tranquil outdoor oasis-a perfect spot for morning coffee or an evening glass of wine.
For those who appreciate the finer things in life, the 'Pacific Heights' complex enhances the living experience with its well-maintained amenities. A single carport provides convenient parking, complemented by additional off-street parking for guests. The complex also features a lovely pool and barbecue area, ideal for making the most of Merimbula's warm summer nights. The heated pool is accessible year-round, allowing you to indulge in relaxation no matter the season.
Whether you're looking for a luxurious holiday home, a profitable rental investment, or a permanent residence that feels like a vacation every day, this exquisite apartment in Merimbula's 'Pacific Heights' complex offers the perfect blend of style, comfort, and location.

Property Details for 22/1-5 Ocean View Ave, Merimbula

22/1-5 Ocean View Ave, Merimbula is a 3 bedroom, 3 bathroom Unit with 1 parking spaces. The property has a land size of 7253m2 and floor size of 109m2. The place is currently for sale with One Agency Dwyer Properties.

Building Type
Unit
Floor Size
109m2
Land Size
7253m2

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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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Team Dwyer - David & Tania
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One Agency Dwyer Properties
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