Back 37/1 Elizabeth Street
Off Market

37/1 Elizabeth Street

Merimbula NSW 2548

3
2
2
0 m²
Townhouse
Last sold for $980,000
Kim PosoKim Poso, last sold this property on 29 October 2025 after 96 days on market.

Overview

Complete Coastal Luxury

• Luxury, architecturally-designed self-contained townhouse • Three-bedroom, two-bathroom over two levels • Idyllic location on the NSW Sapphire Coast Welcome to Coast Resort Merimbula, where the location is unbeatable, the accommodation luxurious and the lifestyle idyllic. This property is a three-bedroom, two-and-a-half-bathroom, dual-level penthouse that offers an array of flexible lifestyle options for a potential buyer. There's the option to move in yourself if you're looking to downsize to something low maintenance and in an unbeatable location. Or, you may be looking for a stress-free, highly-rentable investment property. Or, you might be searching for your own Merimbula weekend bolthole to use when you can and holiday rent when you can't. The townhouse has a sprawling central living space on the lower level which is bathed in natural sunlight from north-facing, floor-to-ceiling windows and doors. There are neutral, contemporary finishes throughout including in the property's kitchen, which has high-quality appliances, lots of storage, walk-in pantry, space for two fridges, dishwasher, gas cooktop and electric oven. The large lounge and dining rooms are spacious enough for everyone to gather together, or you can spill out onto the adjoining sunny courtyard and lawned area. Also downstairs, is the fully self-contained laundry and powder room, as well as direct internal access to the two-car, remote-operated garage with plenty of storage space for all of your coastal activities. On the upper level is the sumptuous, King-sized main bedroom with floor-to-ceiling, north-facing windows, huge built-in wardrobes and a modern ensuite with separate bath and shower, and plenty of additional storage. Bedrooms two and three both have generous proportions, good natural light and airflow as well as built-in wardrobes. The large main bathroom is also located on the upper level, as well as extra (lockable) storage/linen cupboards. Clever architectural design means no detail has been overlooked in this contemporary, coastal townhouse which is kept cool in summer from great north-facing airflow from large windows and ceiling fans, and reverse-cycle air-conditioning units throughout for year-round comfort. The two-hectare Coast Resort complex features a mix of privately-owned apartments and townhouses. There are well-maintained native gardens, no lawns for you to worry about, and a selection of excellent private guest facilities to use at your leisure, including a tennis court, barbecue facilities and two, solar-heated swimming pools to choose from. The secure and private complex has on-site reception open seven-days-a-week. Coast Resort's idyllic location is in the centre of Merimbula's waterfront tourist precinct. It's a flat, less-than-two-minute walk to the pristine lake foreshore, Main Beach, iconic Mitchie's Jetty and the basketball courts and large children's park at Ford Oval. Make the most of the stunning location for fishing, walking, SUPing, swimming, surfing or whatever it is you're in to. Coast Resort is also a level, five-minute walk 'across the bridge' to the centre of town to a selection of cafés, restaurants, clubs, specialty shops and services. Less than three-hours' drive from Canberra, Merimbula is also conveniently serviced by daily REX and Qantas flights to-and-from Sydney and Melbourne, yet it still holds the nostalgic charm of a small, coastal town and is a highly desirable place to holiday and live. Create your own luxurious coastal lifestyle by the lake in beautiful Merimbula.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
0 m² floor area
Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Merimbula over the last 12 months, the estimated median property value of 37/1 Elizabeth Street is $940k.

Median value
$940k
Estimated value range
$590k - $1.25m
Median days on market
78
Estimated value trend
14%
increase 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 37/1 Elizabeth Street

2025
Sold
$980,000
29 Oct 2025 by Kim Poso, of Kim Poso Properties

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 34 reviews in Merimbula over the last 12 months.

Local market activity for 3 bedroom townhouses in Merimbula

In the last 12 months, 8 three-bedroom townhouses similar to 37/1 Elizabeth Street, have been sold.

This represents a 125% decrease in three-bedroom townhouses sales when compared to the previous 12 months.

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