OFF MARKET

4/88 Main Street
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 67m2
Land area: 1695m2
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Property Details for 4/88 Main St, Merimbula

4/88 Main St, Merimbula is a 2 bedroom, 1 bathroom Unit 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 March 2023.

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

Last Listing description (March 2023)

Step out the front door of this neat two bedroom unit and you are just a hop, skip and step away from the Sapphire Club and all it offers restaurant, bistro, club bar, gym, TAB and entertainment. A few more steps down the road and you can enjoy the latest movies at the cinema, shop at Woolworths, Aldi or Mitre 10. Although so close to the action you will enjoy the privacy in this tucked away location. With space provided by a walkway on one side, you can bask in the sunshine in either of the courtyards, front and back.

Freshly painted in white with new floating floors, this charming unit is ready for you to put your stamp on it. The open plan, airy living area has a pleasant aspect, looking out onto a courtyard. The two bedrooms have BIRs with one opening out onto the rear courtyard with a sliding door. It is the only unit in the complex that has this feature. Many a pleasant morning or afternoon can be spent under the large lemon tree, providing cover as well as fruit, in the fully fenced courtyard.

The bathroom is roomy, boasting new fittings and has taps and space for a washing machine, the separate toilet is a boon.

Whether you want to be an owner/occupier or landlord, you have the opportunity of either moving in straight away or begin earning on your investment by placing a tenant immediately upon purchase, with vacant possession available. Don't let this opportunity to purchase in the heart of Merimbula pass you by.

* Convenient location
* 2 bedrooms
* 1 bathroom
* Parking space
* 2 courtyards
* Single storey, level living
* Pool in complex

Property History for 4/88 Main St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$430,000
23 Mar 2023
  • 23 Mar 2023
    Sold for $430,000
  • 17 Jan 2023
    Listed for Sale $449,000
  • 14 Dec 2017
    Sold
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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.
There are currently 62 properties listed for sale, and 2 properties listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 129 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.