FOR SALE
Price Guide $750,000 to $780,000

70/1 Elizabeth Street
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Coastal Living At It's Absolute Finest!!!

Located in the popular Coast Resort offering the highest standard of both residential and holiday accommodation on the far South Coast, is this Contemporary 2 bedroom, 2 bathroom apartment, with separate laundry and 2 undercover, secure car spaces – in addition to separate lock up storage area. Enjoy open plan living, extending to a generous outdoor alfresco balcony with a Northerly aspect. Modern kitchen with stone benchtops, Smeg oven and gas cooktop, reverse cycle heating/cooling and high ceilings. The Resort is set amongst fabulous native landscaping with 2 stunning pools, tennis court and is only minutes' walk to Merimbula's main beach, the iconic Mitchie's Jetty, pub, town, shops and restaurants. Offering flexibility to reside permanently, enjoy as a coastal holiday retreat, investment opportunity or a combination of all. Council Rates Approx $3000 per annum / Strata Approx $6800 per annum

Property Details for 70/1 Elizabeth St, Merimbula

70/1 Elizabeth St, Merimbula is a 2 bedroom, 2 bathroom Unit with 2 parking spaces. The place is currently for sale with Sails Real Estate.

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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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Steve Haslam
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James Cravana
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Sails Real Estate
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