19-23 Carolynne Street, Merimbula, NSW 2548

$2,750,000

House
Type
12
Bedrooms
8
Bathrooms
10
Parkings
2,281 m²
Area

Published on Friday, October 02, 2026 ( See property details for 19-23 Carolynne Street, Merimbula, NSW 2548)

$2,750,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare and substantial waterfront property in Merimbula offering seven residences, exceptional views, and significant future potential in a highly sought-after location.

🏡 Property Highlights

  • Exceptional 2,281m² landholding with stunning lake views
  • Seven self-contained residences including a four-bedroom main house
  • Prime location at the gateway to Merimbula Boardwalk and CBD
  • Currently generating substantial rental income
  • Potential for future redevelopment or enhancement (STCA)
  • Direct access to iconic Merimbula Boardwalk

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Outdoor Area
  • Secure Parking
  • Built-in Robes
  • Garage
  • Ensuite
  • Balcony
  • External Storage (Shed/Linen)
  • Water tank
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19-23 Carolynne Street
Merimbula, NSW 2548
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Vertical aerial view — 19-23 Carolynne Street
19-23 Carolynne Street — Vertical Aerial  •  Merimbula, NSW 2548  •  Nearmap © 2026

Merimbula is a vibrant coastal town renowned for its stunning beaches, picturesque lakefront, and lively CBD. The area offers a relaxed lifestyle with excellent cafes, restaurants, and outdoor activities. Its sought-after location provides easy access to the iconic Merimbula Boardwalk, making it ideal for both lifestyle and investment. The community is friendly, with a strong focus on outdoor living and natural beauty.

What is the current rental income generated by the property?
The property is currently producing substantial rental income, with the seven residences providing a reliable income stream.
Are there any development restrictions or approvals required for future redevelopment?
Future redevelopment or enhancement would be subject to council approval and STCA (Subject To Council Approval).
What are the main features of the residences on the property?
The property includes a four-bedroom main residence, two two-bedroom apartments, and four one-bedroom apartments, all with self-contained amenities and water views.
Is there onsite parking available?
Yes, the property offers generous onsite parking suitable for residents and visitors.
What makes this property unique compared to other Merimbula holdings?
Its exceptional scale, prime waterfront location, stunning lake views, and the combination of multiple residences and income potential make it highly distinctive.
Are there any existing planning or zoning restrictions that could limit future development or modifications? What are the total ongoing costs, including council rates, maintenance, and strata fees (if applicable)? Are there any easements, covenants, or restrictions affecting the property? Has the property been affected by flooding, bushfire risk, or other environmental hazards? Are there any upcoming planning or infrastructure projects nearby that could impact the property’s value or enjoyment?

19-23 Carolynne Street, Merimbula, NSW 2548 - More Details

$2,750,000

Where the Boardwalk Begins. Where Opportunity Meets the Lake.

There are properties that offer a great location, and then there are properties that simply could not be recreated today.

Welcome to The Boardwalk Apartments - an extraordinary 2,281m² (approx.) holding positioned at the gateway to one of Merimbula's most iconic attractions, the famous Merimbula Boardwalk.

Set high above the lake with spectacular water views, this is an opportunity of genuine scale and rarity, bringing together a substantial four-bedroom main residence and six self-contained apartments in one of the Sapphire Coast's most tightly held and sought-after locations.

And the location is exceptional.

Step outside and you're at the beginning of the Boardwalk, with the lake unfolding below. Merimbula's CBD, cafes, restaurants, shops, beaches and foreshore are all within easy reach, creating a lifestyle position that is exceptionally difficult to replicate.

The property comprises four one-bedroom apartments, two two-bedroom apartments and a generous four-bedroom main residence, supported by substantial onsite parking and an impressive landholding rarely seen this close to Merimbula's CBD, Main Beach and the lakefront.

Currently generating substantial rental income, the property provides an established holding today while presenting considerable scope for the future, whether retained as an income-producing investment, enjoyed as a combined residential and accommodation holding, or explored for further enhancement or redevelopment potential (STCA).

But above all, it is the scale and position that set this property apart.

2,281m² of land. Seven residences. Exceptional lake views. The Boardwalk at your doorstep.

Opportunities of this nature are exceptionally scarce. To secure one of Merimbula's largest and most distinctive residential holdings, in a position this close to the water, beach and CBD, is a proposition that deserves serious consideration.

THE OPPORTUNITY AT A GLANCE
2,281m² (approx.) of substantial land
Four-bedroom main residence with reception area
2 x two-bedroom apartments
4 x one-bedroom apartments
Seven residences in total
Spectacular elevated views across Merimbula Lake
Direct access to the iconic Merimbula Boardwalk
Generous onsite parking
Currently producing substantial rental income
Outstanding proximity to Merimbula CBD, lakefront and Main Beach
Significant landholding with future potential (STCA)
A rare combination of land, income, accommodation and lifestyle

This is not simply a collection of apartments. It is a substantial Merimbula holding in a position that is almost impossible to replicate.

Contact Hayden Ferencz for an information memorandum or inspection today!
Type
House
Bedrooms
12
Bathrooms
8
Parkings
10
Area
2,281 m²

Map & nearby places — 19-23 Carolynne Street, Merimbula, NSW 2548

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