OFF MARKET

1/40 Meriel Street
Sans Souci NSW 2219

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 390m2
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Property Details for 1/40 Meriel St, Sans Souci

1/40 Meriel St, Sans Souci is a 4 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2019. The property has a floor size of 390m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
2019
Floor Size
390m2
Local Government
Bayside
Lot/Plan
1/SP94975

Last Listing description (July 2023)

Combining stylish contemporary design with a tranquil address only minutes from the beach, this exceptional townhouse offers a rare opportunity for investors and future owner-occupiers. Built in 2019, this well-appointed home is sure to appeal to buyers seeking a waterside lifestyle with convenient access to local amenities.

Currently leased to Defence Housing Australia (DHA) until September 2025 with a further 3-year option, this is a fantastic opportunity to secure a hassle-free investment with a guaranteed income stream, and at the end of the lease, have the choice to move in, lease out or sell vacant.

Current rent: $1300 per week

Property features:

- Positioned at the front of a boutique complex of five
- Open plan lounge and dining area offers flexible living
- Indoor/outdoor flow to patio and courtyard
- Modern kitchen with gas cooktop, stone benches and Smeg appliances
- Four spacious bedrooms all with built-in robes and master with ensuite
- Internal access to secure double garage
- Generous storage area with option to convert to media room, gym or cellar
- Walking distance to the newly renovated Sans Souci Sailing Club, Leisure Centre, beaches, cafes and transport links

Benefits of DHA lease:

- Guaranteed rent even if property is vacant
- All-inclusive service fee for “DHA Property Care” covers range of property related services
- Market rent reviewed annually
- Restoration “make good” service at the end of lease
- Visit dha.gov.au to learn more about the benefits of investing in a DHA leased property

Inspections by appointment only. Contact agent for more details.

Property History for 1/40 Meriel St, Sans Souci, NSW 2219

A timeline of how this property has performed in the market
Last Sold
$1,565,000
30 Jun 2023
  • 30 Jun 2023
    Sold for $1,565,000
  • 03 Nov 2022
    Listed for Sale Buyers Guide $1,550,000
  • 22 Aug 2019
    Sold for $1,200,000
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About Sans Souci 2219

The size of Sans Souci is approximately 4.6 square kilometres. It has 18 parks covering nearly 9.8% of total area. The population of Sans Souci in 2011 was 9,671 people. By 2016 the population was 10,316 showing a population growth of 6.7% in the area during that time. The predominant age group in Sans Souci is 40-49 years. Households in Sans Souci are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Sans Souci work in a professional occupation. In 2011, 73% of the homes in Sans Souci were owner-occupied compared with 71.4% in 2016.

Sans Souci has 5,669 properties. Over the last 5 years, Houses in Sans Souci have seen a 68.29% increase in median value, while Units have seen a 36.11% increase. As at 31 August 2024:

  • The median value for Houses in Sans Souci is $2,250,220 while the median value for Units is $964,874.
  • Houses have a median rent of $900 while Units have a median rent of $650.
There are currently 28 properties listed for sale, and 15 properties listed for rent in Sans souci on OnTheHouse. According to CoreLogic's data, 286 properties were sold in the past 12 months in Sans souci.

Suburb Insights for Sans Souci 2219

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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.