11 Merton StreetDenman NSW 2328
Property Details for 11 Merton St, Denman
11 Merton St, Denman is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1995. The property has a land size of 670m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom House sold in Denman in the last 12 months.
Last Listing description (December 2023)
Calling all investors! Situated within easy walking distance to schools, Denman's main street and sporting fields, this solid duplex investment is ideally located in one of the Upper Hunter's fastest growing country towns.
Currently returning $640 per week in rental income with fixed tenants in place, all the hard work has been done for you. Offered together the units can be strata titled (STCA) if you wished to sell one separately in the future. One side features 3 large bedrooms all with built in robes and ceiling fans, an open plan lounge, dining and kitchen area, reverse cycle air conditioning, separate laundry and bathroom and a lock up garage. The other side is near identical but instead features a two bedroom layout.
Both units enjoy very generously sized flat and fully fenced backyards with lawn lockers for handy storage of mowers and equipment. With excellent long term tenants in place, this is a very well-priced easy care investment in a top location. Be sure to inspect at your soonest convenience!
Brick & tile duplex investment
Walking distance to Denman Public School & public transport
800m to Denman Hospital, main street & supermarket
950m to Denman Train Station
Returning $640 per week rental income:
Unit 1 - 2 bedroom unit - Returning $280 a week - Tenant in fixed lease until Nov 24
Unit 2 - 3 bedroom unit - Returning $360 a week - Tenant in fixed lease until Sep 24
Disclaimer: All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Property History for 11 Merton St, Denman, NSW 2328
- 27 Nov 2023Sold for $605,000
- 08 Nov 2023Listed for Sale $620,000
- 16 Jul 2021Listed for Rent - Price not available
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0About Denman 2328
The size of Denman is approximately 116.7 square kilometres. It has 3 parks covering nearly 1.1% of total area. The population of Denman in 2011 was 1,800 people. By 2016 the population was 1,798 showing a population decline of 0.1% in the area during that time. The predominant age group in Denman is 10-19 years. Households in Denman are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Denman work in a machinery operators and drivers occupation. In 2011, 67.5% of the homes in Denman were owner-occupied compared with 67.9% in 2016.
Denman has 1,069 properties. Over the last 5 years, Houses in Denman have seen a 69.60% increase in median value, while Units have seen a 69.87% increase. As at 31 October 2024:
- The median value for Houses in Denman is $506,672 while the median value for Units is $384,578.
- Houses have a median rent of $550 while Units have a median rent of $380.
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