OFF MARKET

168-172 Merrylands Road
Merrylands NSW 2160

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 445m2
Land area: 439m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 30 Sep 2024
Low
High
Share
Save

Property Details for 168-172 Merrylands Rd, Merrylands

168-172 Merrylands Rd, Merrylands is a 0 bedroom, 0 bathroom House. The property has a land size of 439m2 and floor size of 445m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Floor Size
445m2
Land Size
439m2
Local Government
Cumberland
Lot/Plan
21/DP812

Last Listing description (August 2023)

Colliers is pleased to present for sale 168-172 Merrylands Road, Merrylands, a fully leased freestanding retail investment in the heart of Merrylands CBD, Sydney's West emerging growth suburb.

An exceptional opportunity offering multiple and diverse income streams with huge value-add potential for astute investors seeking high return on investment within a sought-after location of Merrylands Road.

- 100% leased with five diverse income streams including restaurant, bakery, travel agency, hair salon and beauty clinic.

- Recent $500,000 building refurbishment offering solid cash flow with value-add potentials including rental reversion and future mixed use re-development upside.
- Site area: 446sqm*, building area: 462sqm*
- Net Income: $228,679.69 per annum + GST (as at Jul-2023)
- Maximum height buildings of 65 metres (or up to 32-storeys)
- Set within Merrylands CBD, moments from Stockland & Merrylands RSL and 200 metres* from Merrylands Railway Station.
- Genuine Vendor wants it SOLD

168-172 Merrylands Road, Merrylands will be sold by Public Auction on Thursday 24August 2023 at 1pm at Colliers Sydney Head Office Level 30/225 George Street, Sydney NSW 2000.

*Approx.

Show More

Property History for 168-172 Merrylands Rd, Merrylands, NSW 2160

A timeline of how this property has performed in the market
Last Sold
$4,505,000
24 Aug 2023
Listed for Rent
04 Jan 2017
  • 24 Aug 2023
    Sold for $4,505,000
  • 11 Jul 2023
    Listed for Sale Please contact agent
  • 23 Feb 2021
    Listed for Sale Contact Agent
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

About 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 14,164 properties. Over the last 5 years, Houses in Merrylands have seen a 62.02% increase in median value, while Units have seen a 12.94% increase. As at 30 September 2024:

  • The median value for Houses in Merrylands is $1,313,297 while the median value for Units is $513,569.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 115 properties listed for sale, and 50 properties listed for rent in Merrylands on OnTheHouse. According to CoreLogic's data, 723 properties were sold in the past 12 months in Merrylands.

Merrylands Profile Page

Suburb Insights for Merrylands 2160

Visit Merrylands profile page
Market Insights
Merrylands Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Merrylands Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Merrylands profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED