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Vital Statistics

Block Size: 1.5 Hectares (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
     

Lot 2/ Merimbula Drive, Merimbula

$400,000

DEVELOPERS TAKE NOTE!

Here lies an opportunity to further subdivide this parcel of land into smaller residential lots (subject to council approval). Located at the top of Merimbula Drive with an aspect looking over Merimbula Lake and beyond;

Zoned 2(c) (Residential Tourist Zone)

Land size 15,000 m2 (approx) or 3.7 acres (approx)

Access from Merimbula Drive

Contact agent for preliminay concept for a 5 lot subdivision.
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Agent Details

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
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What do I need to purchase this property?

Initial Requirements (assuming sale price of $400,000)

Stamp duty $13,490
Legal fees1 $1,500
Loan application fees2 $655
Minimum deposit (10%)2 $40,000
  Total initial payment:   $55,645

Monthly Repayments (assuming deposit of $40,000 and sale price of $400,000)2

Loan repayments on $360,000 borrowed at 6.95% over 30 years.

(Principal and Interest) Loan Repayment:   $2,383 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 96 times. Please note the counter is not updated immediately.

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