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House Details

Bedrooms x 5 Bathrooms 3 Garaging x 2

Open For Inspection Times

None scheduled at this time.

Past Sales & Property Information

Suburb Info:	Merimbula
Postcode Info:	2548

Merimbula Profile

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

ENDLESS OPTIONS!

Large home comprising of a 3 bedroom residence on level 1 and separate 2 bedroom unit on ground level. The upstairs residence has 3 bedrooms, 2 bathrooms, large open plan, kitchen and laundry. Whilst downstairs there is a large double lock up garage with internal access and attached storage room through to rear yard.
The unit has its own kitchen, bathroom, laundry and separately metered hot water.
Potential for subdivision currently on 2 titles. The home is located on the northern lot (slightly encroaching on the southern lot) while on the balance of the southern lot there is a large 6X9 shed with concrete floor.
Potential to accommodate 2 families or live in one whilst renting the other.
Another option would be to use the ground level unit with separate entrance for home office.

Some further features;
Located close to clubs and restaurants
Upstairs front balcony with sea views
Access from kitchen living area and main bedroom to front balcony
Spacious Laundry includes separate toilet
Ramp leading to clothes line, easy access
All double locks on doors and windows
Well kept established garden

Potential, potential, potential!

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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

Elvi Di Donato View profile

0427 953 002 or 02 6495 3000 elvi@eldersmerimbula.com.au

View all sales listings for this agent

What do I need to purchase this property?

Initial Requirements (assuming sale price of $499,000)

Stamp duty	$17,945
Legal fees¹	$1,500
Loan application fees²	$655
Minimum deposit (10%)²	$49,900
	Total initial payment: $70,000

Monthly Repayments (assuming deposit of $49,900 and sale price of $499,000)²

Loan repayments on $449,100 borrowed at 6.95% over 30 years.

(Principal and Interest) Loan Repayment: $2,973 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 12/10/11, last updated on 21/2/12, and has been viewed 491 times. Please note the counter is not updated immediately.

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