12/131 Merimbula Drive, Merimbula NSW 2548

This ground floor one bedroom motel style unit in a unmanaged complex offers the astute buyer or investor the chance to have a weekend gettaway or a rental property. Can be residential leased or holiday managed or just use it yourself to have a place by the sea. Body Corps are $2000 a year and the rates are approx $2000 a year. Rental return is projected to be $170-$180 per week. This gives a return of approx 8%. Communal Laundry. Call Rob for Details.