OFF MARKET

1/57-59 Ocean Drive
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 63m2
Land area: 2443m2
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Property Details for 1/57-59 Ocean Dr, Merimbula

1/57-59 Ocean Dr, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 2443m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1987
Floor Size
63m2
Land Size
2443m2
Local Government
Bega Valley
Lot/Plan
1/SP32191

Last Listing description (August 2023)

Looking for a serene beach side property that blends the best of permanent living with resort-style amenities? Look no further than this stunning beach side unit.

Located just a stone's throw from pristine beaches, this complex is the perfect getaway for those seeking a peaceful, tropical lifestyle. With a sparkling pool and well-manicured gardens, you will truly feel like you are living in an oasis.

This unit offers a range of options that cater to all kinds of needs from cozy studio apartment living to spacious two bedroom holiday rental for investors. The unit comes complete with everything you need to live comfortably, including fully-equipped kitchen, air conditioning, and ample storage. The complex offers BBQ/entertaining area as well as a heated swimming pool.

In addition to providing a relaxing atmosphere, this beach side unit complex has everything you need to enjoy your holidays, retirement or investment.. With holiday leasing options available and already established clientele you can easily rent out your unit and enjoy a steady stream of passive income.

So, why wait? Come and experience the ultimate beach side lifestyle in one of the most sort after locations on the sapphire coast. Contact us today to arrange a tour or find out more about our permanent living or holiday lease options.

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Property History for 1/57-59 Ocean Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$475,000
02 Aug 2023
  • 02 Aug 2023
    Sold for $475,000
  • 24 Apr 2023
    Listed for Sale $460,000
  • 10 Oct 2011
    Listed for Sale $225,000
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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 3,592 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 64 properties listed for sale, and 2 properties listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 131 properties were sold in the past 12 months in Merimbula.

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