FOR SALE
$2,290,000

Contact Agent For Address
Merimbula NSW 2548

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
Land area: 1m2
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Spectacular Water Views From Every Apartment - ID 7827

NSW Management Rights For Sale
The Gem of the South Coast
- This is a Management Rights Business NOT Freehold Property for sale
- A NSW Real estate license is necessary to operate this business – ask me how to achieve this
- Boutique Waterfront Apartment Complex of 21
- Low maintenance grounds, heated saltwater pool and communal BBQ area
- No onsite owners – all apartments in your short-term rental pool
- Large 2 bedroom, 2 bath managers apartment
- On title for the manager and income producing, separate studio apartment
- Supportive committee and owners
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Property Details for Contact Agent For Address, Merimbula

Building Type
Commercial
Floor Size
1m2
Land Size
1m2

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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 3,590 properties. Over the last 5 years, Houses in Merimbula have seen a 57.40% increase in median value, while Units have seen a 64.11% increase. As at 31 October 2024:

  • The median value for Houses in Merimbula is $861,631 while the median value for Units is $521,351.
  • Houses have a median rent of $660 while Units have a median rent of $480.
There are currently 59 properties listed for sale, and 1 property listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 134 properties were sold in the past 12 months in Merimbula.

Suburb Insights for Merimbula 2548

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Tony Johnson
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Management Rights Sales Pty Ltd
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.