For Sale

19 Carolynne Street, Merimbula, NSW, 2548

$2,750,000

12
8
10
2281 m²

House

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What's around 19 Carolynne Street

THE BOARDWALK APARTMENTS

Where the Boardwalk Begins. Where Opportunity Meets the Lake. There are properties that offer a great location, and then there are properties that simply could not be recreated today. Welcome to The Boardwalk Apartments - an extraordinary 2,281m² (approx.) holding positioned at the gateway to one of Merimbula's most iconic attractions, the famous Merimbula Boardwalk. Set high above the lake with spectacular water views, this is an opportunity of genuine scale and rarity, bringing together a substantial four-bedroom main residence and six self-contained apartments in one of the Sapphire Coast's most tightly held and sought-after locations. And the location is exceptional. Step outside and you're at the beginning of the Boardwalk, with the lake unfolding below. Merimbula's CBD, cafes, restaurants, shops, beaches and foreshore are all within easy reach, creating a lifestyle position that is exceptionally difficult to replicate. The property comprises four one-bedroom apartments, two two-bedroom apartments and a generous four-bedroom main residence, supported by substantial onsite parking and an impressive landholding rarely seen this close to Merimbula's CBD, Main Beach and the lakefront. Currently generating substantial rental income, the property provides an established holding today while presenting considerable scope for the future, whether retained as an income-producing investment, enjoyed as a combined residential and accommodation holding, or explored for further enhancement or redevelopment potential (STCA). But above all, it is the scale and position that set this property apart. 2,281m² of land. Seven residences. Exceptional lake views. The Boardwalk at your doorstep. Opportunities of this nature are exceptionally scarce. To secure one of Merimbula's largest and most distinctive residential holdings, in a position this close to the water, beach and CBD, is a proposition that deserves serious consideration. THE OPPORTUNITY AT A GLANCE 2,281m² (approx.) of substantial land Four-bedroom main residence with reception area 2 x two-bedroom apartments 4 x one-bedroom apartments Seven residences in total Spectacular elevated views across Merimbula Lake Direct access to the iconic Merimbula Boardwalk Generous onsite parking Currently producing substantial rental income Outstanding proximity to Merimbula CBD, lakefront and Main Beach Significant landholding with future potential (STCA) A rare combination of land, income, accommodation and lifestyle This is not simply a collection of apartments. It is a substantial Merimbula holding in a position that is almost impossible to replicate. Contact Hayden Ferencz for an information memorandum or inspection today!

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