7/23 Beach St, Merimbula is a 1 bedroom, 1 bathroom Unit and was built in 1999. The property has a land size of 1195m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Offering a superlative location just minutes from town and incredible water views, this managed apartment is sure to represent value to investors and holiday makers alike. Lift access from the undercover car park on Beach Street brings you to a single level 1 bedroom property. Internally the apartment comprises a large master bedroom, a bathroom with a spa and a spacious living/dining area. Opening out from the living zone is a large balcony set to soak in expansive views from Merimbulas Lake to the Bar and Headland.
Further features include excellent holiday management returns, swimming pool access, all furnishings included, reverse cycle air conditioning and a restaurant within the complex.
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 3,593 properties. Over the last 5 years, Houses in Merimbula have seen a 59.02% increase in median value, while Units have seen a 64.31% increase. As at 30 September 2024:
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