FOR SALE
ONSITE AUCTION

1 Arthur Street
Merrylands West NSW 2160

Bedrooms: -
Bathrooms: -
Car spaces: 7
Floor area: 480m2
Land area: 697m2
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Auction Time
Wed 27 Nov 2:00 pm
Inspection Times
No upcoming inspections scheduled.
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Entire Block of Six (6) Units To Be Sold In One Line

RWC Western Sydney is pleased to present 1 Arthur Street, Merrylands West, for sale via Auction.
Outstanding investment opportunity to acquire a fully tenanted unit block consisting of six (6) units to be offered in one line. The property is strata approved but not registered.
Ideal value-add creation opportunity for investors or developers alike through renovations to capitalise on the current housing shortage and immigration boom, to increase rents in line with the market.
Additional highlights of the property are outlined below:
• Favourable unit mix of 6 x 2-bedroom units
• Representing a passing income of $126,360* per annum with substantial potential to increase
• Site area 696.85sqm*
• Strata approved, but not registered
• Zoned R4 High Density Residential
• All units with balconies
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Property Details for 1 Arthur St, Merrylands West

Building Type
Commercial
Floor Size
480m2
Land Size
697m2

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About Merrylands West 2160

The size of Merrylands West is approximately 1.7 square kilometres. It has 14 parks covering nearly 15.9% of total area. The population of Merrylands West in 2011 was 6,187 people. By 2016 the population was 6,584 showing a population growth of 6.4% in the area during that time. The predominant age group in Merrylands West is 20-29 years. Households in Merrylands West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Merrylands West work in a trades occupation. In 2011, 57.7% of the homes in Merrylands West were owner-occupied compared with 53.5% in 2016.

Merrylands West has 2,784 properties. Over the last 5 years, Houses in Merrylands West have seen a 64.23% increase in median value, while Units have seen a 6.83% increase. As at 30 September 2024:

  • The median value for Houses in Merrylands West is $1,219,521 while the median value for Units is $475,290.
  • Houses have a median rent of $700 while Units have a median rent of $500.
There are currently 16 properties listed for sale, and 9 properties listed for rent in Merrylands west on OnTheHouse. According to CoreLogic's data, 122 properties were sold in the past 12 months in Merrylands west.

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Andrew Sacco
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Joseph Assaf
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RWC Western Sydney
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