FOR SALE
$525,000

32/1 Mairburn Road
Metung VIC 3904

Bedrooms: 12
Bathrooms: 6
Car spaces: -
Land area: 1442m2
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Villas for Sale - 27,28,29,30,31&32

Have you been looking for a great investment opportunity to own a few holiday villas in the heart of Metung, where every day feels like a resort-style vacation? Then this one is for you. This sale includes six two-bedroom, one-bath holiday villas. Villas 27/28/29/30/31, and 32 are being sold as a package deal at an incredibly good price. These villas have averaged a net ROI of 5% to 10% in the past few years.
Each villa is in excellent condition; the ultimate lifestyle package combines land, a stunning villa, and fully furnished interiors for your convenience. Each villa has its tile and is freehold, not leasehold.
These beautifully designed two-bedroom villas are your ticket to a world of leisure. Nestled in the vibrant community of Metung, you'll have endless boating, fishing, swimming, and water sports opportunities. And guess what? The waterfront hotel, cozy cafes, and charming boardwalks are just a short stroll away, making every day an adventure.
But that's not all! Each Villa is not just a holiday retreat for your own use; it's an investment, too. Here's what you'll get:
Each Villa 27/28/29/30/31 and 32 Presents:
* Spacious kitchen, lounge, and dining area that opens up to a generous balcony
* Comfortable main bedroom with built-in robes
* Second bedroom with built-in robes
* Central bathroom with a separate toilet
* Modern split systems and ceiling fans throughout for your comfort
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Property Details for 32/1 Mairburn Rd, Metung

32/1 Mairburn Rd, Metung is a 12 bedroom, 6 bathroom House. The property has a land size of 1442m2. The place is currently for sale with REMAX Genesis.

Building Type
House
Land Size
1442m2

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About Metung 3904

The size of Metung is approximately 27.7 square kilometres. It has 7 parks covering nearly 1.7% of total area. The population of Metung in 2011 was 1,221 people. By 2016 the population was 1,449 showing a population growth of 18.7% in the area during that time. The predominant age group in Metung is 60-69 years. Households in Metung are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Metung work in a professional occupation. In 2011, 77.8% of the homes in Metung were owner-occupied compared with 79.4% in 2016.

Metung has 2,175 properties. Over the last 5 years, Houses in Metung have seen a 54.46% increase in median value, while Units have seen a 57.13% increase. As at 30 September 2024:

  • The median value for Houses in Metung is $665,566 while the median value for Units is $422,838.
  • Houses have a median rent of $460 while Units have a median rent of $290.
There are currently 117 properties listed for sale, and 1 property listed for rent in Metung on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Metung.

Suburb Insights for Metung 3904

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Daniel Schoeman
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REMAX Genesis
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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.