Exciting opportunity to purchase the Management Rights to 5 units and the freehold of a fully self contained, renovated, 2 storey 2 bedroom unit all overlooking Merimbula lake, the bar and beyond in the Hydra Apartments. Excellent return on investment with the option to live on site or add the extra unit to the holiday letting pool for an even better income return while running the business from home.
Stunning views, a pool and only 350m to Merimbula CBD makes this location an attractive place for holiday makers to stay and play. Easy to manage lifestyle and income for one person or a couple.
Contact Chrisi today for all the details and a private inspection.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.