Back 1/15 Short Street
Off Market

1/15 Short Street

Merimbula NSW 2548

2
1
1
0 m²
Unit
Last sold for $515,000
Kim PosoKim Poso, last sold this property on 06 October 2025 after 47 days on market.

Overview

Sweet Spot on Short Street

• 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.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
0 m² floor area
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Merimbula over the last 12 months, the estimated median property value of 1/15 Short Street is $445k.

Median value
$445k
Estimated value range
$299k - $740k
Median days on market
86
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Merimbula. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/15 Short Street

2025
Sold
$515,000
06 Oct 2025 by Kim Poso, of Kim Poso Properties
2018
Rented
Undisclosed
Leased on 31 Jul 2018 by Sails Real Estate Merimbula
2018
Rented
Undisclosed
Leased on 31 Jul 2018 by Coast Property Group

Happy sellers in Merimbula

68%
68% of sellers in Merimbula reported that their sale price either exceeded or met their price expectations.

Merimbula stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 35 reviews in Merimbula over the last 12 months.

Local market activity for 2 bedroom units in Merimbula

In the last 12 months, 18 two-bedroom units similar to 1/15 Short Street, have been sold.

This represents a 48% increase in two-bedroom units sales when compared to the previous 12 months.

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