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Duplex Details

Bedrooms x 5 Bathrooms 2 Garaging x 1

Vital Statistics

Block Size:

600.0 m² (approx)

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

Dual Occupancy - Great Return

CURRENTLY RETURNING $405 per week. Investors take note!

Rarely will you find a council approved dual occupancy.

Currently tenanted upstairs with accommodation of three bedrooms, full bathroom, kitchen, living, dining and sunny north east facing rear deck overlooking leafy surrounds.

Downstairs has a further two bedrooms, bathroom, kitchen, living, dining, landscaped courtyard garden and is also currently tenanted.

The single lock up garage provides excellent storage and there is access to the fully fenced rear yard from both dwellings.

This is a great opportunity for investors to continue to rent out both or utilise one and rent out the other.

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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 $350,000)

Stamp duty	$11,240
Legal fees¹	$1,500
Loan application fees²	$655
Minimum deposit (10%)²	$35,000
	Total initial payment: $48,395

Monthly Repayments (assuming deposit of $35,000 and sale price of $350,000)²

Loan repayments on $315,000 borrowed at 6.95% over 30 years.

(Principal and Interest) Loan Repayment: $2,085 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 1/12/11, last updated on 21/2/12, and has been viewed 723 times. Please note the counter is not updated immediately.

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