FOR SALE
$399,000

70 Merimbula Drive
Merimbula NSW 2548

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 790m2
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Versatile, Central & Sunny

Situated at the top of the town is this versatile parcel of land in a sunny spot capturing the sun from the moment it rises until the moment it sets. This could be the perfect exposure site and potential for stunning water views from a second story. This is your chance to secure a rare slice of Merimbula. Zoned R3 Medium Density Residential there is a possibility (STCA) for multiple dwellings or units perfect for a developer. With a nice 20-metre frontage there is an opportunity too to build a nice large family home and have a great backyard and currently achieve nice views of the bushland at the rear.
Located in a central location only a few minutes drive from the Town Centre with the best Cafes on the Sapphire Coast, Woolworths and Aldi as well as a few minutes drive from the famous Merimbula Lake and Pristine Beaches is going to be a great attraction to buyers!
Make sure 70 Merimbula Drive is on your shortlist to invest or make your sea change and build the dream home you deserve.

Property Details for 70 Merimbula Dr, Merimbula

Building Type
Land
Land Size
790m2

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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 3,595 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 63 properties listed for sale, and no properties listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 143 properties were sold in the past 12 months in Merimbula.

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Hayden Ferencz
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