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House Details

Bedrooms x 4 Bathrooms 3 Garaging x 2

Air Conditioning

Swimming Pool

Vital Statistics

Block Size:

662.0 m² (approx)

Open For Inspection Times

None scheduled at this time.

Past Sales & Property Information

Property Info:	16 Ocean Drive
Street Info:	Ocean Drive
Suburb Info:	Merimbula
Postcode Info:	2548

Taxes

Stamp Duty:

$51,490

Block Information

Lot: 254, Plan: DP750227

NOTE

Always verify block details with the agent or vendor. These maps are generated by cross referencing with our spatial information database, but this does not mean they they will always correspond with the listed property. Measurements are estimates only.

Based on data provided under licence from PSMA Australia Limited (www.psma.com.au). © PSMA Australia 2010.

What's Nearby

Click here for more information about what's nearby to this property.

Distance to nearest Post Office

POST OFFICE - 1.0 km

Major Shopping Centre

Merimbula Fresh Food Market - 1.2 km

Primary School

Merimbula Public School - 1.1 km

High School

Eden Marine High School - 17.8 km

College

Sapphire Coast Anglican College - 4.9 km

(approximate straight line distances)

Merimbula Profile

Average age:	50 years
Houses:	63.6%
Townhouses:	11.9%
Flats & units:	21.9%
Other:	2.6%
Population:	3,206

Premier Beachfront Location

Less than 100 steps onto the sands of Merimbula's Main beach this unique beachfront property is spectacularly located with reserve adjoining two boundaries and is offered for sale for the first time.
Architecturally designed and Craftsman built as a dual occupancy giving the option to holiday letting or providing great separate, full guest accommodation.
Upstairs features vaulted ceilings and inviting ocean views through open living and dining areas, both opening out to large balconies orientated to take full advantage of the sun, views and sea-breeze all year round. The galley style kitchen works well and the master suite has been positioned to wake up to the invigorating sights and sounds of the ocean. There is a further bedroom and bathroom well separated from the main.
Downstairs is fully self contained and comprises a further two bedrooms, full kitchen, bathroom & laundry, with the living and dining space overlooking the in ground solar heated swimming pool. This area can be locked off from the main home if required and there is an over-sized double lock-up garage with workshop & toilet, plus plenty of room for extra vehicle parking.

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Elders Real Estate Merimbula

P: 02 6495 3000
F: 02 6495 1672
E: merimbulare@elders.com.au

Shop 7, 62 Main Street Merimbula NSW 2548
www.eldersmerimbula.com.au

Fourways Pty Ltd, Lic 898026
Licensed Agent
View all sales listings for this agency

James Cravana View profile

0428248008 or 64953000 james@eldersmerimbula.com.au

View all sales listings for this agent

What do I need to purchase this property?

Initial Requirements (assuming sale price of $1,200,000)

Stamp duty	$51,490
Legal fees¹	$1,500
Loan application fees²	$655
Minimum deposit (10%)²	$120,000
	Total initial payment: $173,645

Monthly Repayments (assuming deposit of $120,000 and sale price of $1,200,000)²

Loan repayments on $1,080,000 borrowed at 6.95% over 30 years.

(Principal and Interest) Loan Repayment: $7,149 per month

Notes

The calculation given above is an example estimate only and may not correspond with what is commercially available.

Listing Age and Views

This listing was first displayed on 9/12/11, last updated on 21/2/12, and has been viewed 865 times. Please note the counter is not updated immediately.

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