3/8 Reid StreetMerimbula NSW 2548
Property Details for 3/8 Reid St, Merimbula
3/8 Reid St, Merimbula is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2010. The property has a land size of 1000m2 and floor size of 149m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (May 2022)
Outstanding, executive townhouse in a convenient, central Merimbula location. This light-filled, three-storey property is in a complex of only four & offers three double bedrooms, two bathrooms (plus powder room) and a double garage (with remote access). The middle level comes with an expansive fully equipped kitchen with eat-in breakfast bar set open to a large living zone and 2 outdoor entertaining balconies.
The property has extensive storage on all levels, with quality cabinetry & inclusions. Two bedrooms are located on the third floor with a full-size bathroom, and the master bedroom includes a large BIR, private balcony and separate entrance to the bathroom.
Included is a new dishwasher, ducted vacuum, new reverse cycle air-conditioner & with new interior (Dulux) paint throughout, making it perfect for all buyers including investors, short-stay accommodation, or those looking for a sea-change. This townhouse is located on a quiet street away from the noise of the town, but close enough for an easy walk to the main street of Merimbula.
With a perfect NE aspect, inspections highlight the extraordinary elevation of this three-storey residence, creating unrivalled views over the Merimbula town centre & water glimpses from some of the four separate balconies. Stroll to the lakefront or boardwalk, grab a coffee or burger from the Waterfront or Dulcie's; or amble through the boutique shops along the promenade. All are nearby & Woolworths, the new Aldi's and the new Home Hardware are also a short walk.
Surrounded by a low-maintenance communal lawn, flowering gardens & within a harmonious strata, this is a rare offering with on-site parking for up to 3 vehicles. Boasting a new exterior
contemporary finish, this fantastic property has great street appeal and stands proudly on its elevated perch, above everything Merimbula has to offer.
Property History for 3/8 Reid St, Merimbula, NSW 2548
- 11 May 2022Sold for $570,000
- 17 May 2021Listed for Sale $570,000
- 26 Mar 2019Sold for $375,000
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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.
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