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Apartment Details

Bedrooms  x 3   Bathrooms  2  

Open For Inspection Times

None scheduled at this time.

Past Sales & Property Information

Property Info: 7/63 Main Street
Street Info: Main Street
Suburb Info: Merimbula
Postcode Info: 2548

Taxes

Stamp Duty: $17,990

Merimbula Profile

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

7/63 Main Street, Merimbula

$500,000+

PENTHOUSE PERFECTION

This is a fabulous opportunity to invest in a luxurious penthouse apartment right in the middle of Merimbula.When you're looking out over the enormous front deck to the lake and town lights beyond, it's easy to forget the hustle and bustle of normal life.
You can walk to town, the lake and the beach in a few minutes.
The decor is neutral but the feeling and exhiliration of holidaying here is far from neutral.
As an investment, the returns stack up. It's a great place to call home away from home.
Don't let everyone else have all the fun.
Why not arrange an inspection and see for yourself.

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Agent Details

Merimbula Lake Real Estate

P: 02 6495 1522
F: 02 6495 1897
E: office@merimbulalake.com.au

30 Market Street Merimbula NSW 2548
www.merimbulalake.com.au

Afrono Pty Ltd
Licensed Agent
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Graeme Fowler

Graeme Fowler View profile

0427 101 681  or  02 6495 1522 

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What do I need to purchase this property?

Initial Requirements (assuming sale price of $500,000)

Stamp duty $17,990
Legal fees1 $1,500
Loan application fees2 $655
Minimum deposit (10%)2 $50,000
  Total initial payment:   $70,145

Monthly Repayments (assuming deposit of $50,000 and sale price of $500,000)2

Loan repayments on $450,000 borrowed at 6.95% over 30 years.

(Principal and Interest) Loan Repayment:   $2,979 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 19/10/11, last updated on 11/4/12, and has been viewed 328 times. Please note the counter is not updated immediately.

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