78 Merimbula Drive Merimbula NSW 2548

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7 5 5
$729,000

INVESTORS AND DEVELOPERS TAKE NOTE!

78 Merimbula Drive, Merimbula
A great opportunity to purchase a freehold complex in Merimbula, with water views. Currently hosting 5 units with swimming pool and well maintained grounds.
The property has 2 separate titles and is comprised of (2 x 2 bedroom plus 3 x 1 bedroom furnished units and communal laundry). Ideal for investment, renovation or re-development!
4 of the 5 units are permanently rented (1 left vacant for current owner personal use).
Estimated gross annual income of $54,000 (approx).
Zoned R3 medium density residential.
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Key Features

  • Pool (In Ground)
Land
1609m²
Last updated 02:41PM on Sep 13th 2017
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Elders Real Estate Merimbula

2 Merimbula Drive
Merimbula NSW, 2548

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More property from Elders Real Estate Merimbula
78 Merimbula Drive8 Beach View CrtUnit 9/14 Fishpen RoadApartment 7/2 Fishpen Road2 Ocean DriveLot 2 Merimbula Drive

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Elders Real Estate Merimbula

2 Merimbula Drive
Merimbula NSW, 2548
More property from Elders Real Estate Merimbula
78 Merimbula Drive8 Beach View CrtUnit 9/14 Fishpen RoadApartment 7/2 Fishpen Road2 Ocean DriveLot 2 Merimbula Drive
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