This is a unique opportunity to secure a turnkey investment property in the heart of Merimbula, just minutes from pristine beaches, local schools, shops, and vibrant restaurants.
Set on a generous 996m2 block, this fully renovated complex comprises four modern units, all with quality finishes and reliable, long-term tenants already in place.
With a current rental return of $90,000 - $100,000 per annum, this property offers a strong rental yield and immediate cash flow.
Whether you're a seasoned investor or entering the market for the first time, this is a rare opportunity to own a high-performing coastal asset in one of the Sapphire Coast's most desirable locations.
• 3 x 2-bedroom, 1-bathroom units
• 1 x 3-bedroom, 1-bathroom unit with ocean/water views
• Stylish brand-new kitchens with modern appliances
• Contemporary bathrooms and new flooring throughout
• Reverse cycle air-conditioning in all units
• Separate laundry in each unit
• Designated car space for each unit, plus one additional garage
• Currently not strata titled, offering future flexibility or redevelopment potential
The top-level 3-bedroom unit boasts stunning ocean and water views, adding an extra layer of appeal for tenants and long-term capital growth.
