36A Merimbula DriveMerimbula NSW 2548
Property Details for 36a Merimbula Dr, Merimbula
Last Listing description (July 2008)
BE YOUR OWN BOSS
HERE'S A CHANCE TO TAKE CONTROL OFF YOUR OWN DESTINY AND SECURE THE MANAGEMENT OF THIS VERY SUCCESSFUL MERIMBULA MOTEL. THIS IS AN IDEAL HUSBAND AND WIFE BUSINESS SHOWING EXCELLENT RETURNS. THE VENDOR WISHES TO RETIRE AND IS MOTIVATED TO SELL. A 5X5X5X5X5 LEASE IS AVAILABLE. SITUATED WITHIN WALKING DISTANCE OF THE TOWN CENTRE AND CLUBS ETC THIS MOTEL ENJOYS GOOD COACH TRADE. PRICE INCLUDES GOODWILL, STOCK AND FURNITURE AND FITTINGS BUT NO FREEHOLD ENQUIRE NOW HOW THIS BUSINESS COULD BE YOU GOLDEN NEST EGG
Property History for 36a Merimbula Dr, Merimbula, NSW 2548
- 17 Jan 2024Sold for $2,480,000
- 04 Sep 2023Listed for Sale $690,000
- 26 Apr 2023Listed for Sale $3,500,000
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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 3,591 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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