32 Merimbula DriveMerimbula NSW 2548
Property Details for 32 Merimbula Dr, Merimbula
32 Merimbula Dr, Merimbula is a 0 bedroom, 0 bathroom House. The property has a land size of 2673m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Last Listing description (January 2022)
Here is your chance to secure the Freehold investment for this multi-award winning motel in one of the most picturesque seaside towns on the far South Coast of NSW. Ideally located in the heart of town, with a short walk to the CBD, restaurants and clubs.
- Well established property with experienced tenant in place
- 29 spacious rooms offering wide range of accomodation
- Central location and close to all amenities
- Annual rental income $231,103 + GST
- Spacious 2 bedroom 1 bathroom managers residence with views of Merimbula Lake
- Well maintained property
- Situated on 2,673 sqm of land
- Property inspections are by appointment only
Property History for 32 Merimbula Dr, Merimbula, NSW 2548
- 16 Nov 2023Sold for $3,500,000
- 25 May 2023Listed for Sale $3,400,000
- 23 Jun 2021Listed for Sale Expressions Of Interest
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0About Merimbula 2548
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 3,609 properties. Over the last 5 years, Houses in Merimbula have seen a 34.05% increase in median value, while Units have seen a 46.04% increase. As at 30 April 2026:
- The median value for Houses in Merimbula is $942,798 while the median value for Units is $538,432.
- Houses have a median rent of $700 while Units have a median rent of $480.
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