Piper’s Lodge is the first motel’ style property on the main northern entrance to Merimbula. For sale here are 10 units on almost 3000m2 of prime real estate facing north east and overlooking Merimbula town, lake and beyond.

Originally built to suit an on-site manager with a 3 bedroom residence managing the other 9 units;
Seven of the 9 units are of double brick construction
Currently let via 6 month agreements, but easily converted to cater for the more lucrative short term accommodation market
Parking for 16 vehicles including double garage, 4 covered carports,
Storeroom and communal laundry
Low maintenance garden setting
Attractive (near tropical) pool setting
Appealing bush setting at rear of this 3,000 m2 property with visiting wallabies and native birds
Ocean views from lower unit block of 4 units, Unit 1, and the main residence.

The complex can be broken up into 3 distinct areas;
Area 1
Main residence – 3 bed room home including entrance foyer/reception area, balcony with ocean views, private car port
Two bedroom unit – above double garage with expansive views of coastline and bush land
One bedroom flat – beneath residence with separate kitchen and sitting area and separate bathroom

Area 2
Three X one bedroom studio’s of double brick construction with en-suite
Area 3
Two X three bedroom townhouses of double brick construction with balcony
Two X two bedroom townhouses of double brick construction with balconies on each level

All units are currently permanently leased returning approx. $95,000 total annual income.