223 Merrylands RoadMerrylands NSW 2160
Property Details for 223 Merrylands Rd, Merrylands
Last Listing description (November 2023)
Colliers is pleased to present for sale 223-225 Merrylands Road, Merrylands, a rare freehold retail investment with huge upside, located within the highly sought after Merrylands Road location.
- Rare Freehold Retail Investment in the heart of Merrylands CBD.
- Perfect owner-occupier investment opportunity within strong retail trade catchment.
- Site Area: 463m*, Building Area: 520m*
- Fully leased to Walli ASR Halal Butcher Shop & Supermarket with 5+5-year lease from Dec-20.
- Value-add potential including rental reversion, potential to split into two shops to increase income and ability to further increase density limits through site amalgamation.
- Prime location moments from Stockland Mall, Civic Place, Mason & Main by Coronation and only 350 metres from Merrylands Railway Station.
223-235 Merrylands Road, Merrylands will be sold by Public Auction on 10:30am Thursday, 30th November 2023 at Dexus Place, 1 Margaret Street, Sydney NSW.
*Approx.
Property History for 223 Merrylands Rd, Merrylands, NSW 2160
- 31 Jan 2024Sold for $3,600,000
- 25 Oct 2023Listed for Sale Please contact agent
Commute Calculator
Recent sales nearby
See more recent sales nearby
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 14,143 properties. Over the last 5 years, Houses in Merrylands have seen a 61.77% increase in median value, while Units have seen a 14.96% increase. As at 31 August 2024:
- The median value for Houses in Merrylands is $1,296,246 while the median value for Units is $521,996.
- Houses have a median rent of $700 while Units have a median rent of $520.
Suburb Insights for Merrylands 2160
Market Insights
Merrylands Trends for Houses
N/A
N/A
View TrendN/A
N/A
Merrylands Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
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
