OFF MARKET

5/138-140 Morgan Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 1764m2
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Property Details for 5/138-140 Morgan St, Merewether

5/138-140 Morgan St, Merewether is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a land size of 1764m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
1979
Land Size
1764m2
Local Government
Newcastle
Lot/Plan
5/SP14805

Last Listing description (August 2023)

This beautifully renovated 2-bedroom property is your chance to buy into a hot market in Newcastle's hottest suburb! With views across the harbour city and north-east to Cooks Hill, this modern beach unit is in a prime location for you to live your best coastal life just minutes from the city. Rise with the sun and head to Merewether Beach(just 3 minutes away) for an early morning surf with the dolphins, then watch that same gorgeous sun set from your private balcony, cold drink in hand, on a lazy afternoon.

This surprisingly spacious unit has been tastefully renovated with immaculate attention to detail. Vivid white paint, bamboo floors, on-trend textured walls, plantation shutters and sheer floor-to-ceiling curtains will please the most discerning lover of the modern beachy/boho style. The kitchen, with its city and coastal views, features new appliances, soft closing cabinetry and a funky stainless splash back. But, if you don't feel like cooking, jump in an Uber and in 4 minutes you can be ordering a beer and a buffalo chicken burger at The Beaches Hotel or arancini and a cocktail at the already iconic Merewether Surfhouse.

The double brick structure and air conditioning will leave you cool in Summer, especially when the sea breezes sweep across the balcony. With Winter coming enjoy your G and T on the balcony bar then pick up a curry from Raj's on Beaumont Street(just 3 minutes drive) and curl up on the couch. Or light some candles and take a soak in the tub in the modern bathroom with its floor to ceiling tiles in a gorgeous neutral palette with custom timber features. With this modern renovation completed for you?you can simply sit back and enjoy the blissful city beach life.

- 3rd floor, 2- bedroom unit with views across the city and to Cooks Hill
- Private balcony to catch the sea breezes and make the most of those vistas
- Styled beautifully throughout with textured walls, custom timber features, plantation shutters and bamboo floors
- Kitchen boasts soft close drawers, feature timber shelves and quality appliances
- Separate laundry downstairs which doubles as a storage locker for the mountain bikes or surfboard
- Incredibly central location
- 3 minutes to Merewether Beach ? home to some of Australia's best surfers and surf breaks
- Also 3 minutes to The Junction and Beaumont Street ? with their host of restaurants, boutiques and specialty shops
- 7 minutes to the CBD and 8 minutes to Honeysuckle dining precinct
-7 minutes drive to Kotara Westfield and Homemaker Centre

Outgoings:
Council Rates - $1,440.48 approx. per annum
Strata Rates - $3,400.2 approx. per annum

Disclaimer:
All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.

Property History for 5/138-140 Morgan St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$731,500
16 May 2022
Listed for Rent
$530/w
11 Aug 2023
  • 11 Aug 2023
    Listed for Sale Not Disclosed
  • 14 Jul 2023
    Listed for Rent $550 / week
  • 20 Dec 2022
    Listed for Rent $550 / week
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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 5,779 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 24 properties listed for sale, and 9 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 243 properties were sold in the past 12 months in Merewether.

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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.