1/15 Short St, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom Unit sold in Merimbula in the last 12 months.
• Two-bedroom unit
• Spectacular Merimbula Lake views
• Quiet and convenient location
Are you looking for a low maintenance Merimbula bolthole to use on weekends and during the holidays? Or an investment property in a tight rental market in a convenient, 'walk-to-town' location? Perhaps you're a first-home buyer looking to enter the Merimbula market with a low-risk property? This sweet, two-bedroom Merimbula unit might be just what you're looking for.
With glorious panoramic Merimbula Lake views - stretching from Long Point, Bar Beach and Fishpen all the way south to Pambula Beach and Haycock Point - and a convenient, central Merimbula location, this compact, easy-care two-bedder ticks plenty of boxes.
The Hydra unit complex is full of nostalgic and unpretentious summer holiday vibes. There's just nine units all up and the solid brick complex also has a convenient heated pool, communal barbecue area, pleasant garden surrounds and plenty of off-street parking.
The two-story unit has an open-plan kitchen/dining/living area on the ground floor with plenty of natural sunlight and airflow from double glass sliding doors at both ends. There's a small balcony off the loungeroom - an idyllic breakfast/coffee spot that takes full advantage of the morning sun and those stunning lake views.
The kitchen is neat and tidy and fully functional with plenty of storage. However, there's plenty of scope here to add value to the unit by putting in a new kitchen and adding custom, built-in storage or a work desk under the stairs to modernise and truly make the most of the central downstairs space.
Upstairs are the unit's two good-sized bedrooms, both with built-in wardrobes, with bedroom one taking advantage of the east-facing aspect and spectacular lake views. The bathroom has been renovated and modernised and is fresh and bright. There are ceiling fans throughout the unit, a reverse-cycle air-conditioner in the loungeroom, and hardwearing and practical laminate flooring downstairs. There's also a communal laundry in the complex.
Short Street is a quiet cul-de-sac - its closest neighbour is a retirement village - in a sought-after Merimbula enclave. You can leave the car at home and in less than ten-minutes stroll to Merimbula's cafes, shops and conveniences, or take the bridge across to Fishpen and Main Beach for a swim. The popular Merimbula Boardwalk is also a short walk away.
This low-maintenance, compact unit is in very good condition. However, it could also be great renovation project for a keen DIYer to easily add value to the property if you wished. Ticking all the boxes of views, location, renovation potential, and appealing to an array of buyers, this sweet spot will be quickly snapped up.
The size of Merimbula is approximately 18.3 square kilometres. It has 14 parks covering nearly 8.6% of total area. The population of Merimbula in 2016 was 3544 people. By 2021 the population was 3821 showing a population growth of 7.8% in the area during that time. The predominant age group in Merimbula is 60-69 years. Households in Merimbula are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Merimbula work in a professional occupation.In 2021, 63.00% of the homes in Merimbula were owner-occupied compared with 58.30% in 2016.
Merimbula has 3,610 properties. Over the last 5 years, Houses in Merimbula have seen a 44.56% increase in median value, while Units have seen a 68.36% increase. As at 31 December 2025:
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