$150,000

12/131 Merimbula Drive,Merimbula NSW 2548

Studio11
Block size: 4015 m² approx.

STUDIO APARTMENT AT THE TOP OF THE HILL

Affordable First Home Or Investment Opportunity. Ideally suited for someone seeking fully self-contained accommodation ready to move into or the astute investor.

-Conveniently located close to public transport
-Reverse cycle air-conditioning for comfort all year round
-Carpeted living area for warmth and comfort

This one bedroom motel style unit in a un-managed complex offers the astute buyer or investor the chance to have a weekend getaway or a rental property.

Body Corps are $2,800 a year and the rates are approx $2,500 a year. Rental return is projected to be $220-$225 per week. This gives a gross return of approx 7.5%.

An inspection is a must and it will not disappoint. Be quick and call for more information, today.
Features
  • Split System a/c
Can I afford this property?

Inspections

No open times scheduled. Contact Agent to arrange a viewing.

Key Details

Property Type:Studio
Block Size:4015 (approx)
Stamp Duty:$3,722
 
Fisk & Nagle First Choice Real Estate Bega

Maps and area information

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Block information
Block size: 4015 (approx)
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What's Nearby

Merimbula Public SchoolPrimary School
2.2km
Eden Marine High SchoolHigh School
19.3km
Merimbula Fresh Food MarketMajor Shopping Centre
1.3km
Sapphire Coast Anglican CollegeCollege
5.8km
Post OfficePost Office
1.5km

Repayments Calculator

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            Merimbula Suburb Information

            Median Sale Price For Merimbula
            $370,000
            Average Age
            52 years
            Population
            3,277
            Merimbula Profile
            Merimbula Occupancy

            Contact agents

            Fisk & Nagle First Choice Real Estate Bega

            Fisk & Nagle First Choice Real Estate Bega

            View agency detailsNyrie TickellFisk & Nagle First Choice Real Estate Bega
            Please send me information on 12/131 Merimbula Drive, Merimbula NSW 2548
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            This listing has been viewed 143 times. It was first displayed on 31/10/19 and last updated on 14/11/19.