$4,395,000

15 Bed  •  9 Bath  •  9 Car

Main view of Homely apartment listing, 5-7 Chapman Avenue, Merimbula NSW 2548
Second view of Homely apartment listing, 5-7 Chapman Avenue, Merimbula NSW 2548
Third view of Homely apartment listing, 5-7 Chapman Avenue, Merimbula NSW 2548
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5-7 Chapman Avenue, Merimbula NSW 2548

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$4,395,000

  • 15
  • 9
  • 9

Apartment for sale5 days on Homely

What's around Chapman Avenue

Apartment description

“The Ultimate Work/Life/Beach Balance in Merimbula’s Fishpen”

• A freehold property and business opportunity like no other
• Nine-apartment complex in a pristine, sought-after location
• Idyllic lifestyle, established business and capital investment all-in-one

As the owner of Seashells Apartments in Merimbula's iconic Fishpen, you could be delighting in the ultimate work/life balance and embracing a laidback holiday lifestyle year-round.

This unique listing is a rare opportunity to purchase a freehold apartment complex with an established holiday accommodation business in a sought-after location. Seashells comprises nine apartments all finished inside and out in a streamlined, contemporary coastal aesthetic to a pristine, high-quality standard. There are three one-bedroom apartments (that sleep two guests), three two-bedroom apartments (that sleep four guests) and three larger two-bedroom apartments (that sleep five guests). Each apartment is fully self-contained with high-quality furniture and appliances, full kitchens, washing machines, parking spaces and sunny decks. Outside, there's a heated swimming pool, a leafy communal outdoor dining/barbecue area and neat and tidy low maintenance gardens.

Perhaps you're semi-retired and looking for a business/lifestyle opportunity to keep you 'just busy enough'? Or, you're a young family who's looking to escape the city and enjoy the slower, small coastal town pace. Or you're a local who is aware of Seashells' reputation and can foresee the investment a business and capital purchase of this kind - and in this location - could bring.

The possibilities for the future operation of the complex are bound only by the new owner's imagination and lifestyle choices. You could continue running the business as is and utilise its established reputation and nine-holiday-apartment configuration to earn an income off the business while the property accrues capital growth. The current owners have built and maintained a reputation for beautiful, high standard accommodation in an idyllic location coupled with personalised, friendly service - for example, they provide pushbikes, surfboards, beach wagons/carts and the like, to guests free of charge during their stay. You would have an immediate guaranteed income with accommodation bookings already confirmed until well into 2026, with many regular return clients who book direct. Another advantage of the independent, freehold model of Seashells, is the owner's complete autonomy over the apartments' booking system. You can block out or restrict days or weeks as you wish and adjust rates and lengths of stay to suit demand and your lifestyle. You are not beholden to any rules or stipulations from external management, body corporate or strata and no real estate licence is needed to manage the apartments. There's also the option to put permanent or longer-stay tenants in some of the apartments, or you might choose to live in one of the apartments yourself if you'd prefer to be on site. Additionally, each apartment has its own strata title, meaning you could also sell some or all of them off individually if you wished.

Seashells' idyllic Fishpen location is in the heart of Merimbula's sought-after tourist precinct. It's a flat, less-than-five-minute walk to the lake, Main Beach and Mitchie's Jetty, and is 'just across the bridge' to the centre of town. Although it's conveniently serviced by the local airport – just two kilometres away – with daily REX and Qantas flights to-and-from Sydney and Melbourne, Merimbula has managed to hold onto the nostalgic atmosphere of a small, coastal town and has always been a highly desirable place to holiday and live.

Seashells Apartments offers a lifestyle, an income and a capital investment all in one neat and tidy, beachside package. With the freedom and flexibility to structure your days as you wish, the property's dream location will have you jumping out of bed every morning to make the most of the pristine natural surrounds. Enjoy the flexibility and autonomy of being your own boss while enjoying an easy, balanced lifestyle on the beautiful NSW Sapphire Coast.

Property features

airConditioning

Air Conditioning

alarmSystem

Alarm System

balcony

Balcony

broadband

Broadband

courtyard

Courtyard

dishwasher

Dishwasher

poolInGround

In-Ground Pool

secureParking

Secure Parking

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5-7 Chapman Avenue, Merimbula NSW 2548
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