11/29 Beach St, Merimbula NSW 2548

:: Lakeside Location
:: Views
:: On site Managed
:: Excellent returns
This 2 bedroom unit with superb water views is located at the lakes edge on Beach Street in the heart of Merimbula. Set in a peaceful and quiet on-site managed complex a level walk to the town centre, clubs and restaurants.
This fully self contained open plan unit is furnished and includes a new kitchen, Austar, queen size bed, air conditioner, electric blankets, all cooking facilities, microwave, and a large private deck with sensational views of the lake, beach and the ocean. Also includes a large storage area currently leased to the body corporation.
The well managed and spaciously designed complex offers a solar heated swimming pool in a garden setting, toddler’s pool, off street parking, under cover barbeques and table tennis room.
Penguin Mews offers all you would expect from quality holiday accommodation and shows good returns.
A great investment and holiday option showing an excellent yield with a 5% nett return.