OFF MARKET

3/88 Main Street
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 1695m2
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Property Details for 3/88 Main St, Merimbula

3/88 Main St, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 1695m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
1980
Floor Size
67m2
Land Size
1695m2
Local Government
Bega Valley
Lot/Plan
3/SP15988

Last Listing description (February 2023)

3/88 Main St Merimbula is a fully renovated, ground floor two bedroom apartment that's central to everything and we mean everything! It's part of the apartment complex known as Clunes and it's literally across the road from the bowling club and a short stroll from the supermarkets and the cinema! This one is right in the heart of town and yet surprisingly quiet. So, come on in and hang your hat and plan your Merimbula adventures!

If you're thinking the place looks pretty snazzy you're right! 3/88 Main Street has very recently been fully renovated and is selling fully furnished. Yep, that's right a fully furnished and functioning Airbnb with bookings in place until 2023 with financials to peruse. There's a funky new kitchen with soft-close drawers and an induction cooktop, the bathroom is brand new with floor to ceiling tiles, making great use of space with the laundry tucked in there as well. And the polished concrete flooring gives an inner-city feel to this charming coastal apartment. The living area is spacious with gas heating and sliding doors out to the sunny front courtyard where local lorikeets will come to say hello! There's also a cute little back yard where a mandarin tree is already flourishing and there's space to grow some vegies or flowers while still having some lawn! The Clunes complex also has a swimming pool yours to enjoy! There's also a designated single car space, plus space for visitors' vehicles. Pets are also welcome. The complex comprises nine apartments and is a happy blend of owner-occupiers, renters and holiday letting guests.

And let's not forget the location, location, location! (Seriously you could consider selling the car!) Walk to the shops, cafe, Clubs, tennis courts, gym, school everything you need is a short stroll away. That's why this is a great place to hang your hat a place to call home base while you wander off and seek out adventure. And there's plenty of adventure to be had imagine summer days walking straight from your door, down the street and on to the scenic walkway that hugs the coastline all the way to Bar Beach a dip in the ocean blue, followed by coffee from the kiosk and a leisurely stroll home! Bliss! What about wandering down the street for a long lunch at any one of our lakeside restaurants no worries about driving home! Of course you can always jump in the car (if you haven't sold it) and enjoy adventures further afield. The historic town of Eden is twenty minutes south remember to stop in Pambula Village on the way and enjoy the delights to behold. Tathra is around twenty minutes north stop off at Bournda to soak up some wild coastal beauty as you go along. Of course there's Bega just thirty minutes up the road too all the major services are to be found there.

3/88 Main Street is the perfect first home buyer option with all the hard work of renovation done for you! It's also got to be on the watch list for those looking for an investment property or holiday home. And those of you who are interested in cracking the Airbnb market this one is your foot in the door! Guests will flock to a property in this location. Downsizers will want to take a peek too this is a level-living, low maintenance home that's seriously close to everything.

Property History for 3/88 Main St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$480,000
10 Feb 2023
Listed for Rent
$320/w
28 Jul 2020
  • 10 Feb 2023
    Sold for $480,000
  • 16 Jun 2022
    Listed for Sale $499,000
  • 22 Jul 2020
    Listed for Rent $320 / week
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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 63 properties listed for sale, and 1 property listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Merimbula.

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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.