10 Ridge StreetMerewether NSW 2291
Property Details for 10 Ridge St, Merewether
10 Ridge St, Merewether is a 2 bedroom, 1 bathroom House. The property has a land size of 263m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom House sold in Merewether in the last 12 months.
Last Listing description (November 2023)
Literally a hop, skip and a jump to Merewether Beach, the ocean baths, bars, cafes and seaside restaurants, Ridge Street has so much within walking distance, that for many, it is almost considered the Nirvana of the "Golden Triangle" of Merewether. So, when properties come up on this prized street, you must be quick to inspect.
Not your average offering in this blue-chip location, Ridge Street Takeaway has operated out of the shopfront and attached two-bedroom dwelling here for several years. Vacant possession available in 60 days.
The 278sqm corner block with dual frontage to Ranclaud Street offers forward-thinking buyers a range of opportunities for rebuild or development down the track (STCA).
A rare unsurpassed opportunity for an owner occupier or savvy investor to secure a versatile property surrounded by tonnes of entertainment and an enviable beach lifestyle right on the doorstep.
- Triangular 278sqm corner block with approx. 20.5m frontage to Ridge Street, 33m frontage to Ranclaud Street
- Takeaway shop and two-bedroom dwelling on single lease - $1,980pm + outgoings
- Options to renovate the unit and offer as two separate tenancies
- Offers a range of future options for the forward-thinking buyer
- Landbank for now and build your dream beachside home down the track (STCA)
- Directly across from Holy Family primary school and approx. 150m to the beach, ocean baths, Beach Hotel, Surfhouse, surf club, Blue Door kiosk
Property History for 10 Ridge St, Merewether, NSW 2291
- 21 Mar 2024Sold for $1,860,000
- 13 Jul 2023Sold
- 19 May 2023Listed for Sale $2,150,000 plus GST if applicable
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About Merewether 2291
The size of Merewether is approximately 6.4 square kilometres. It has 19 parks covering nearly 49.5% of total area. The population of Merewether in 2011 was 10,468 people. By 2016 the population was 10,971 showing a population growth of 4.8% in the area during that time. The predominant age group in Merewether is 20-29 years. Households in Merewether are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Merewether work in a professional occupation. In 2011, 63.1% of the homes in Merewether were owner-occupied compared with 63.3% in 2016.
Merewether has 5,766 properties. Over the last 5 years, Houses in Merewether have seen a 68.47% increase in median value, while Units have seen a 50.83% increase. As at 31 October 2024:
- The median value for Houses in Merewether is $1,873,081 while the median value for Units is $861,605.
- Houses have a median rent of $795 while Units have a median rent of $580.
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