FOR SALE
$3,900,000 to $4,300,000

480 Merrylands Road
Merrylands West NSW 2160

Bedrooms: 15
Bathrooms: 9
Car spaces: 10
Land area: 803m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Rare Opportunity to Secure Entire Block of Units!

Attention Property Investors: Super Investment.
Are you seeking a super investment opportunity? Look no further! Here's your chance to acquire a whole block of units, fully occupied and ready to provide you with an instant return on investment.
Situated proudly on a corner block, this property boasts,
9 units comprising
6 spacious 2-bedroom units and 3 x 1-bedroom units,
all constructed with solid full brick for durability, longevity and low maintenance.
Some units have the advantage of City Views.
With ample undercover parking available for 10 cars, convenience is key for both tenants and future investors alike. What's more, all units are currently occupied by long-term tenants, ensuring a steady stream of income from day one.
Generating a gross income of $211,640 per annum, this investment opportunity offers the potential for quick income uplift in line with the rental market. Moreover, with minimal improvements, you can substantially increase your income further.
Operating costs are reasonable, with council rates at $1,494 per quarter, water service at $2,377 per quarter (including usage), common power at $260 per quarter, and land tax at $4,150 per annum.
See More

Property Details for 480 Merrylands Rd, Merrylands West

480 Merrylands Rd, Merrylands West is a 15 bedroom, 9 bathroom House with 10 parking spaces. The property has a land size of 803m2. The place is currently for sale with TracyRoberts Real Estate.

Building Type
House
Land Size
803m2

Commute Calculator

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 2,782 properties.

    There are currently 12 properties listed for sale, and 8 properties listed for rent in Merrylands west on OnTheHouse. According to CoreLogic's data, 135 properties were sold in the past 12 months in Merrylands west.

    Merrylands West Profile Page

    Suburb Insights for Merrylands West 2160

    Visit Merrylands West profile page
    Market Insights
    Trends for Houses
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend
    Median Value over 1 year
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
    Trends for Units
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend
    Median Value over 1 year
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
    Neighbourhood Insights
    Age
    Household
    Occupancy
    No data to show
    Visit Merrylands West profile page
    Contact agent
    Angelo Kondos
    Show contact details
    Call agent
    Robert Mcintyre
    Show contact details
    Call agent
    TracyRoberts Real Estate
    Preferred contact:
    Privacy Policy
    CoreLogic Copyright and Legal Disclaimers about Property Data

    © Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

    This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

    X

    GETTING STARTED