OFF MARKET

26/59 Main Street
Merimbula NSW 2548

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 91m2
Land area: 5119m2
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Property Details for 26/59 Main St, Merimbula

26/59 Main St, Merimbula is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1985. The property has a land size of 5119m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
1985
Floor Size
91m2
Land Size
5119m2
Local Government
Bega Valley
Lot/Plan
20/SP20213

Last Listing description (November 2020)

Theres a proverb that claims opportunity knocks but once and here at Kim Poso Properties, weve got an opportunity that youll certainly want to open the door for! Number 26 of 59 Main Street is a quality 3 bedroom, 2 bathroom townhouse, perfectly priced and located in the heart of Merimbula. Opportunities like these rarely come knocking, so make sure youre the one who welcomes them in!

Situated close to the local primary school and adjacent to the beautiful Merimbula Lake, 26/ 59 Main Street is a short walk from everything! Family friendly Spencer Park is metres away and the scenic Rotary Walk to Bar Beach is just beyond. Merimbulas shopping precinct on Market Street is a five minute, level lakeside walk from your front door. Stroll into town for morning coffee and greet the pelicans and fishermen on your way. Call into the bank, the doctor, the pharmacy, the newsagent, the post-office all without the agony of finding a car park and then wander on home noticing how the lake has changed with the shifting tides. Oh and if you find yourself feeling lazy of an evening, the clubs, restaurants and ever-popular wine bar Dulcies are also just a short walk away!

Entry to the townhouse is via the spacious and secure double lock-up garage. The ground floor encompasses the laundry, kitchen, dining and living areas with a secure and private courtyard adjoining via sliding glass doors. The kitchen is galley style with a surprising amount of storage while the open-plan dining and living spaces are welcoming and comfortable. The laundry (with loo) is perfectly positioned by the front door ready to catch the wet towels and sandy clothes from beachside adventures! The courtyard becomes an additional space to soak up the sunshine, bask in the sea breeze, pot up some plants, read a good book or enjoy a wine with friends! Upstairs, all three bedrooms have built-in robes with the master including an ensuite and featuring a balcony with filtered lakeside views. Also upstairs is the main bathroom with tub! Reverse cycle air conditioning features upstairs and down.

26/59 Main Street is part of the well-established Merimbula Court complex. Body Corporate fees are low and many long term residents call the place their home, creating a sense of safety and community. This is low-maintenance living by the seaside!

Its likely true that opportunity knocks but once, but is it your door shes knocking on? 26/59 Main Street is an opportunity with endless appeal. Young families looking to enter the property market will love the proximity to the school and the park! Investors will love the earning potential this one will rent itself! Folks from the big smoke will love the easy coastal living feeling. Property renovators will immediately see the potential and good bones. Downsizers, sea-changers, first home buyers opportunity seems to be knocking for all of you.

Be ready to open that door opportunity knocks but once!

Property History for 26/59 Main St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$387,500
09 Nov 2020
  • 09 Nov 2020
    Sold for $387,500
  • 18 Aug 2020
    Listed for Sale $399,950
  • 23 Mar 2018
    Sold for $399,000
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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.

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.