7/26 Reid StreetMerimbula NSW 2548
Property Details for 7/26 Reid St, Merimbula
7/26 Reid St, Merimbula is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Merimbula in the last 12 months.
Last Listing description (February 2024)
🏡 Property Highlights:
🛌 1 Bedroom | 🚿 1 Bathroom | 🌳 Courtyard | 🌞 Private Balcony
🏡 Your Ideal Retreat:
Nestled in the heart of Merimbula, this beautifully renovated 1-bedroom unit presents an enticing opportunity for those seeking their dream home or a savvy investment in one of NSW's most desirable coastal towns.
For Owner-Occupiers:
🏠 Step into a charming living space that will instantly make you feel at home.
💰 Perfect for first home buyer with current government incentives and grants.
🛏️ Your cozy bedroom offers a peaceful haven for relaxation and tranquillity.
🌞 Embrace the serenity of your private balcony, with a private leafy outlook, perfect for morning coffee or evening sundowners.
🍃 A private courtyard invites you to create your personal oasis, ideal BBQs and friendly gatherings.
🌆 Enjoy the convenience of being within walking distance to the town's vibrant restaurants, wine bars, cafes, shops, and amenities.
For Investors:
💰 With a solid track record of Airbnb revenue last year, this unit promises an attractive return on investment of over 6%.
🌊 Merimbula's popularity as a tourist destination provides a steady flow of visitors throughout the year, making it a lucrative short-term rental opportunity.
🔑 This turnkey property comes fully furnished, allowing you to start generating income immediately.
🛠️ Recent renovations ensure a low-maintenance investment with modern amenities and high-quality finishes.
📈 The potential for capital appreciation in this sought-after location makes this an excellent addition to your property portfolio.
Don't miss out on this unique opportunity to secure your slice of Merimbula. Whether you're looking for a cozy coastal haven to call home or a smart investment, this unit offers the best of both worlds. Act quickly to make it yours!
Contact H Real Estate today to arrange a viewing and experience the charm of this remarkable unit first hand. Your future in Merimbula starts here. 🏖️
Property History for 7/26 Reid St, Merimbula, NSW 2548
- 14 Feb 2024Sold for $295,000
- 28 Apr 2023Listed for Sale $349,000
- 10 Aug 2021Sold
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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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