Block of units held on a single FREEHOLD TITLE perfectly positioned in a culd de sac in one of Merimbula’s most sought after residential precincts, FISHPEN PENINUSLAR. Set on approx. 1353m2 of land there are 5 x 2 bedroom units, 1 x 1 bedroom unit and a 3 bedroom, 2 bathroom residence the units are modest but well presented.
A short stroll to Merimbula Lake and Main Beach, lake views, inground pool, double garage, gazeebo, ample parking and flooded with northern sun.
One of the best opportunities to acquire a large allotment of 2(b) zoned land on Merimbula Fishpen with fantastic redevelopment options or keep the existing units and enjoy the income while you plan the future of the property.