OFF MARKET

2/70-72 Frederick Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
Land area: 1518m2
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Property Details for 2/70-72 Frederick St, Merewether

2/70-72 Frederick St, Merewether is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 1518m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
1980
Floor Size
95m2
Land Size
1518m2
Local Government
Newcastle
Lot/Plan
2/SP71032

Last Listing description (March 2022)

Find this two-bedroom surfside apartment on the first floor of a tightly held block of just 12 residences. Beach lovers will get excited at the superb location that's little more than a few steps to the sand at Merewether, and a gate at the rear of the complex offers a shortcut via the beach car park. No need for shoes it's literally a barefoot run!! Locations aside, another highlight of the home is the two separate balconies, one accessed off each of the two robed bedrooms, and the other larger one seamlessly extending the living space and gifting ocean views and wonderful sea breezes. Light-filled, spacious and enviably located, there is scope for you to make this fabulous apartment your own with a modern makeover.

- First floor apartment in tightly held block of just 12 residences
- Secure car space in triple garage, handy lockable storage area for surfboards, bikes and oversized items

- Open plan living area with exposed brick walls and carpet underfoot
- Sliding door access to south facing balcony with views to the ocean
- Both bedrooms fitted with built-in robes and connect to a balcony
- Dark timber kitchen with electric stove and stainless-steel dishwasher
- Updated bathroom with shower, laundry tub and separate w/c
- Superb Merewether location behind the beachfront and a stroll to ocean baths, Blue Door caf, Merewether Surfhouse and Beach Hotel
- Strata Levies are approximately $4,284 per year
- Council Rates are approximately $1728 per year
- Potential rental return of $600 - $620 per week

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

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Property History for 2/70-72 Frederick St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$840,000
05 Feb 2022
  • 05 Feb 2022
    Sold for $840,000
  • 21 Dec 2021
    Listed for Sale Auction - Guide $750,000 - $820,000
  • 30 Jul 2007
    Sold for $345,000
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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 5,872 properties. Over the last 5 years, Houses in Merewether have seen a 65.50% increase in median value, while Units have seen a 48.88% increase. As at 30 September 2024:

  • The median value for Houses in Merewether is $1,875,478 while the median value for Units is $859,119.
  • Houses have a median rent of $800 while Units have a median rent of $575.
There are currently 27 properties listed for sale, and 7 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 248 properties were sold in the past 12 months in Merewether.

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