FOR SALE

4/1 Mairburn Road
Metung VIC 3904

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 136m2
Land area: 245m2
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Property Details for 4/1 Mairburn Rd, Metung

4/1 Mairburn Rd, Metung is a 3 bedroom, 2 bathroom Townhouse and was built in 2005. The property has a land size of 245m2 and floor size of 136m2.This Property is currently listed for sale with REMAX Genesis

Building Type
Townhouse
Year Built
2005
Floor Size
136m2
Land Size
245m2
Local Government
East Gippsland
Lot/Plan
4/PS528623

Last Listing description (October 2024)

Imagine owning a slice of paradise in the heart of Metung, where every day feels like a resort-style vacation. This three-bedroom, two-bath Villa offers the ultimate lifestyle package, combining land, a stunning villa, and fully furnished interiors for your convenience. It is a freehold property.

This beautifully designed three-bedroom villa is your ticket to a world of leisure. Nestled in the vibrant community of Metung, you'll have endless opportunities for boating, fishing, swimming, and water sports. And guess what? The waterfront hotel, cozy cafes, and charming boardwalks are just a short stroll away, making every day an adventure.

Under a Management Agreement, on-site management will look after all aspects of bookings, cleaning, and maintenance. Giving you peace of mind that your property is well maintained with the added benefit of a potential income.

This three-bedroom cabin combines both investment and an inexpensive holiday into one package.

Kitchen/lounge/dining area leading to a large balcony.
Main bedroom with ensuite.
Second and third bedrooms all with BIR's and central bathroom with separate toilet.
Use of resort facilities, including a heated swimming pool and children's play area.
Substantial depreciation allowance.
Strata Title with Management Rights Contract and strong gross yield.

The Metung Holiday Villa grounds include a heated swimming pool, BBQ and picnic areas, and a children's playground. The property is set in the heart of Metung allowing you to maximise all this region has to offer - boating, fishing, swimming, and water sports. Ideal to share these units with a family of four (syndicate) and each family can use the unit.

The waterfront hotel, cafs, and boardwalks a short stroll away. This type of property is in a highly desirable location will not last long.

Call Daniel on 0417 824 769 for a private viewing.

Due Diligence Checklist
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What you need to know before buying a residential property.
Before you buy a home, you should be aware of a range of issues that may affect that property and impose restrictions or obligations on you, if you buy it. This checklist aims to help you identify whether any of these issues will affect you. The questions are a starting point only and you may need to seek professional advice to answer some of them. You can find links to organisations and web pages that can help you learn more, by visiting the due diligence checklist page on the Consumer Affairs Victoria website (consumer.vic.gov.au/duediligencechecklist).

Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy, and interested persons should rely on their own enquiries.

*Please note that the image indicating the boundary lines is an estimate only. The actual boundary lines for this property are provided in the Section 32 / Vendor Statement.

Property History for 4/1 Mairburn Rd, Metung, VIC 3904

A timeline of how this property has performed in the market
Last Sold
$160,000
01 Dec 2008
  • 09 Oct 2024
    Listed for Sale $215,000
  • 01 Dec 2008
    Sold for $160,000

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About Metung 3904

The size of Metung is approximately 27.7 square kilometres. It has 7 parks covering nearly 1.7% of total area. The population of Metung in 2011 was 1,221 people. By 2016 the population was 1,449 showing a population growth of 18.7% in the area during that time. The predominant age group in Metung is 60-69 years. Households in Metung are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Metung work in a professional occupation. In 2011, 77.8% of the homes in Metung were owner-occupied compared with 79.4% in 2016.

Metung has 2,171 properties. Over the last 5 years, Houses in Metung have seen a 54.46% increase in median value, while Units have seen a 57.13% increase. As at 30 September 2024:

  • The median value for Houses in Metung is $665,566 while the median value for Units is $422,838.
  • Houses have a median rent of $460 while Units have a median rent of $290.
There are currently 109 properties listed for sale, and 2 properties listed for rent in Metung on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Metung.

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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.