14 Reid Street, Merimbula NSW 2548

• Three-bedroom house + self-contained studio
• Extra-large, medium-density zoned block
• Very close to town

This property offers a two-for-one deal – a three-bedroom home plus self-contained studio as well huge potential for a savvy buyer looking to capitalise on its zoning and extra-large block-size so close to Merimbula's CBD.

At approximately 1011m2 and zoned R3 medium-density (think townhouses and duplexes) this property has numerous possibilities for future development - or, just enjoy the space and freedom of a home with an extra-large, private backyard so close to town.

Clad in durable Colourbond, this home has great street appeal. Extensive landscaping work has been carried out to create an attractive fully-fenced front yard with retained off-street parking, a large front deck and low maintenance gardens filled with hardy tropical and native plants.

Inside there's an open-plan living room with a wood fire, as well as the dining room and kitchen with views out over the backyard. This central living space opens out onto a large, inviting balcony that feels and acts like a second living room. A standout feature of the home, the balcony has been finished to a high standard with tiled floor and overhead heaters and lighting. It's the perfect, private spot to take advantage of the green, leafy outlook over the backyard and glimpses of Short Point to the east.

There are three bedrooms inside – two with large built-in wardrobes – as well as the main bathroom and separate toilet. There are neutral finishes as well as polished floorboards throughout the entire home.

Underneath the house, is the laundry - with handy second toilet – as well as an additional room which would be an ideal study or home office space, a teenager's retreat/rumpus room or a store room. Also downstairs, is another of the home's standout features – a fully self-contained studio apartment with a bedroom, bathroom and modern open-plan kitchen and living space. The studio has a separate entrance and its own car space and would be perfect for multi-generational living, or for adult children living at home. It could also easily generate additional income by being rented out. There's a second paved outdoor dining area off the laundry that leads to the large, leafy and well-maintained backyard.

Reid Street has excellent proximity to the town centre - an easy, less-than-10-minute stroll will bring you to the heart of Merimbula's vibrant cafes, restaurants, services and specialty shops. Merimbula's beautiful beaches, walks and waterways are also easily enjoyed from this central location.

Despite being so close to the Merimbula town centre, the private, leafy outlook onto the property's large backyard gives the feeling that you're much further away. Ideal for buyers looking for a central Merimbula home, but who also need a bit of extra space - or the potential to make a passive income - via the downstairs studio. Or those who are looking to the future and want to capitalise on the property's zoning and development potential.