OFF MARKET

2/69A Monaro Street
Merimbula NSW 2548

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 1588m2
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Property Details for 2/69a Monaro St, Merimbula

2/69a Monaro St, Merimbula is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 1588m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
1981
Floor Size
100m2
Land Size
1588m2
Local Government
Bega Valley
Lot/Plan
2/SP16589

Last Listing description (May 2021)

CURRENT BID $310,000 - 1 Approved registered bidder. For sale by Openn Negotiation (flexible conditions online auction). The Openn Negotiation is due to be under way and the property can sell at any time. Contact the sales agent immediately to become qualified and avoid disappointment. Open to all buyers, including finance, subject to seller approval.

What does potential look like? Here at KPP we know potential takes many different forms! 2/69 Monaro St is a classic example. This roomy three bedroom duplex has a terrific floorplan and is a unique kind of 'fixer upper'. The potential for return on investment and satisfaction is huge. As with all our exchanges at KPP, we're doing this one with integrity so straight up we want you to know that 2/69 Monaro St does require some structural work. It's priced with this in mind and we just know that the wise investor will recognise the potential in this property and the opportunity it presents Why not give the entire place a mini-reno while the structural stuff is attended to and hey presto! You've just created the perfect duplex that you can sell, rent, holiday-let or live in!

2/69 Monaro is set on something of a battle-axe block and the driveway leads you toward a gorgeous bushland setting where bellbirds and kookaburras herald your arrival! This bushland area sits at the rear of the property and from the delightful front deck, you're perfectly positioned to enjoy the ambience. Inside, the duplex is roomy and well set out. Open plan living encompasses kitchen, living and dining with that generous, covered front deck creating a second living space. Each bedroom has built in robes and good natural light. There's a spacious laundry, a second toilet and a generous linen cupboard. The entire place is bright and sunny, making it a beautiful space with immediate 'good vibes' and a homey feel.

Outside, there's a small, private yard that's really low maintenance you've even got your own little tree! (Trees make a yard so special, don't they?). There's also a single car garage with plenty of storage. There's space for the boat or the trailer and of course, there's that pleasant bushland setting at the rear.

Surprisingly quiet and yet still close to town, 2/69 Monaro St is in a great location. Within minutes you're on the highway to Bega or in the heart of Merimbula's shopping precinct. Those who enjoy walking will love the proximity to the boardwalk where the stunning estuary can be appreciated as you wander along. Of course, the town of Merimbula sells itself gorgeous beaches, boutique shopping, great restaurants, beautiful community. Just thirty minutes in to Bega, around twenty into Eden plus many more fantastic surrounding villages and towns; those looking for the tree-change-sea-change will be happy with this location!

So bring your imagination and sense of possibility when you check out 2/69 Monaro St. There's a big opportunity here for the buyer who can recognise potential in all its many forms! (Tradies, builders, 'property flippers' and serious investors this is the one you've been looking for.)

- Currently tenanted until 21/09/2021 at $330 per week

Property History for 2/69a Monaro St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$340,000
07 May 2021
Listed for Rent
07 Jul 2016
  • 07 May 2021
    Sold for $340,000
  • 03 Apr 2021
    Listed for Sale Current bid $ 310 k
  • 14 Feb 2019
    Sold for $51,250
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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 3,593 properties. Over the last 5 years, Houses in Merimbula have seen a 59.02% increase in median value, while Units have seen a 64.31% increase. As at 30 September 2024:

  • The median value for Houses in Merimbula is $867,977 while the median value for Units is $514,621.
  • Houses have a median rent of $660 while Units have a median rent of $480.
There are currently 62 properties listed for sale, and 1 property listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 131 properties were sold in the past 12 months in Merimbula.

Suburb Insights for Merimbula 2548

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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.