144 Merrylands RoadMerrylands NSW 2160
Property Details for 144 Merrylands Rd, Merrylands
Last Listing description (June 2024)
RWC Western Sydney is delighted to present 144 Merrylands Road, Merrylands, for sale via onsite Auction.
Situated in the established Merrylands Road retail precinct, a mere 60 meters* from Merrylands railway station, this property offers unparalleled exposure and convenience for its tenants and residents.
This two-storey boutique mixed-use investment consists of a ground floor retail premises of 157sqm* and a three (3) bedroom residential unit above with its own entry.
Additional Highlights of the Property:
• Affordable mixed-use investment in a tightly held market
• Building Area: 314sqm*
• Ground Floor leased for $68,000 per annum inc. GST
• First Floor for $20,800 per annum ($400 per week)
• Combined passing rental of $88,800* per annum inc. GST
• Zoned E2 Commercial Core, with flexible zoning allowing for multiple uses^
• FSR 7.5:1, Height of Building 65m
• Strategically positioned within 350 meters of three major high-rise developments poised to accommodate 2,000 units.
• Located 60m* from Merrylands railway station and 220m* from Stocklands Mall Shopping Centre.
• Vendor says sell!
The property will be offered via Onsite Auction, Wednesday, 12th June 2024 at 12:30pm (unless sold prior).
For more information, please contact the exclusive agents.
*Approx.
^S.T.C.A
Property History for 144 Merrylands Rd, Merrylands, NSW 2160
- 12 Jun 2024Sold for $1,880,000
- 16 May 2024Listed for Sale AUCTION
- 13 Apr 2021Listed for Rent $350 / week
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0About Merrylands 2160
The size of Merrylands is approximately 6.7 square kilometres. It has 44 parks covering nearly 8% of total area. The population of Merrylands in 2011 was 26,658 people. By 2016 the population was 29,647 showing a population growth of 11.2% in the area during that time. The predominant age group in Merrylands is 20-29 years. Households in Merrylands are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Merrylands work in a professional occupation. In 2011, 56.7% of the homes in Merrylands were owner-occupied compared with 51.6% in 2016.
Merrylands has 14,127 properties. Over the last 5 years, Houses in Merrylands have seen a 64.44% increase in median value, while Units have seen a 14.47% increase. As at 31 October 2024:
- The median value for Houses in Merrylands is $1,331,618 while the median value for Units is $520,734.
- Houses have a median rent of $700 while Units have a median rent of $550.
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