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.
Property Features:
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.
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.
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