FOR SALE
$720,000

23/1-5 Ocean View Avenue
Merimbula NSW 2548

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
Floor area: 109m2
Land area: 7253m2
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23/1-5 Ocean View Avenue, Merimbula

Set atop Merimbula in the 'Pacific Heights' complex, this stunning, three-storey apartment offers expansive views over Merimbula town, Short Point, and Merimbula Lake. The scenery provides a daily reminder of the peaceful beauty of this coastal location, making it a great escape from everyday life.
Sold fully furnished, this property offers you a turn-key ready Merimbula lifestyle.
With three bedrooms and three bathrooms, the residence is designed for comfort. Each bedroom has its own recently renovated bathroom, offering privacy for guests. This layout makes the apartment ideal for holiday rentals or as a personal getaway. It also works well for permanent living, providing a relaxed, vacation-like atmosphere year-round.
The kitchen is spacious for an apartment, with plenty of bench space and room for a dining table. It leads to a courtyard, where a small garden and filtered sunlight create a quiet outdoor space-perfect for morning coffee or evening drinks.
The 'Pacific Heights' complex includes convenient amenities, such as a single carport with additional off-street parking for guests. There's also a pool and barbecue area for enjoying Merimbula's warm nights. The heated pool is available year-round for relaxation in any season.
Positioned just 400 metres or 1 minute drive to Merimbula's cafes, restaurants and shopping, whether you're looking for a holiday home, rental investment, or permanent residence, this apartment in Merimbula's 'Pacific Heights' complex offers a balance of comfort and location.

Property Details for 23/1-5 Ocean View Ave, Merimbula

23/1-5 Ocean View Ave, Merimbula is a 3 bedroom, 3 bathroom Apartment 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
Apartment
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 3,597 properties. Over the last 5 years, Houses in Merimbula have seen a 67.45% increase in median value, while Units have seen a 61.38% increase. As at 30 November 2024:

  • The median value for Houses in Merimbula is $906,714 while the median value for Units is $492,460.
  • Houses have a median rent of $670 while Units have a median rent of $480.
There are currently 63 properties listed for sale, and 2 properties listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 126 properties were sold in the past 12 months in Merimbula.

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Simon Robins
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