$935,000

25-27 Sapphire Coast Drive,Merimbula NSW 2548

House137
Block size: 3000 m² approx.

6% PERCENT NET RETURN

Try and get this return from the bank.
Investors take note, a 2 story 4 bedroom house, 4 x 2 bedroom units, 2 x 1 bedroom units and a lock up shed all on 1 title in the heart of Merimbula.
Currently 100% rented, some investment in the property could see you with improved returns. All units are single level and ample car parking for all units as well as 2 visitor car spaces.
Easy 5 minute walk to the supermarket, restaurants, bowling club and the cinema, a great location with or without a car.
• Ideal location in the heart of Merimbula
• 4 bedroom house
• 6 units - all currently leased
• Single title, subdivision potential (STCA)
• Land size 3651m² zoned B4 Mixed unit
• Renovations would offer potential upside
• Would suit investor/builder
• Only minutes walk to clubs & shops

Walk through one of the units, just copy and paste the link below.
https://www.reflexe360.com.au/2-25SapphireCoastDrive.html
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Inspections

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Key Details

Property Type:House
Block Size:3000 (approx)

Past sales information

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What's Nearby

Merimbula Public SchoolPrimary School
1km
Eden Marine High SchoolHigh School
18.9km
Merimbula Fresh Food MarketMajor Shopping Centre
0.3km
Sapphire Coast Anglican CollegeCollege
5.6km
Post OfficePost Office
0.4km
Fisk & Nagle First Choice Real Estate Merimbula

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            Merimbula Suburb Information

            Median Sale Price For Merimbula
            $349,500
            Average Age
            52 years
            Population
            3,277
            Merimbula Profile
            Merimbula Occupancy

            Contact agents

            Fisk & Nagle First Choice Real Estate Merimbula

            Fisk & Nagle First Choice Real Estate Merimbula

            View agency detailsDane AdairFisk & Nagle First Choice Real Estate Merimbula
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            This listing has been viewed 322 times. It was first displayed on 29/10/18 and last updated on 19/07/19.