FOR SALE
$215,000

4/1 Mairburn Road
Metung VIC 3904

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 86m2
Land area: 244.8m2
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Holiday Villa - Investment Opportunity Gippsland Lakes

Imagine owning a slice of paradise in the heart of Metung, where every day feels like a resort-style vacation. This three-bedroom, two-bath Villa offers the ultimate lifestyle package, combining land, a stunning villa, and fully furnished interiors for your convenience. It is a freehold property.
This beautifully designed three-bedroom villa is your ticket to a world of leisure. Nestled in the vibrant community of Metung, you'll have endless opportunities for boating, fishing, swimming, and water sports. And guess what? The waterfront hotel, cozy cafes, and charming boardwalks are just a short stroll away, making every day an adventure.
Under a Management Agreement, on-site management will look after all aspects of bookings, cleaning, and maintenance. Giving you peace of mind that your property is well maintained with the added benefit of a potential income.
This three-bedroom cabin combines both investment and an inexpensive holiday into one package.
• Kitchen/lounge/dining area leading to a large balcony.
• Main bedroom with ensuite.
• Second and third bedrooms all with BIR's and central bathroom with separate toilet.
• Use of resort facilities, including a heated swimming pool and children's play area.
• Substantial depreciation allowance.
• Strata Title with Management Rights Contract and strong gross yield.
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Property Details for 4/1 Mairburn Rd, Metung

4/1 Mairburn Rd, Metung is a 3 bedroom, 2 bathroom Villa. The property has a land size of 244.8m2 and floor size of 86m2. The place is currently for sale with REMAX Genesis.

Building Type
Villa
Floor Size
86m2
Land Size
244.8m2

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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 2,171 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 109 properties listed for sale, and 2 properties listed for rent in Metung on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Metung.

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Daniel Schoeman
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Ildiko Varga
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REMAX Genesis
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