15 Drews Rd, Tanah Merah is a 4 bedroom, 2 bathroom House with 6 parking spaces and was built in 2021. The property has a land size of 1000m2 and floor size of 253m2. While the property is not currently for sale or for rent, it was last sold in July 2020.
We are delighted to be bringing three lots to the market. All would be suitable for comfortable family homes. Two blocks are ready for duplex developments. The smallest parcel is Lot 20 which is a standard residential block.
WHAT WE LOVE ABOUT THESE PROPERTIES:
•Large lots
Marketing agent, Nathan Strudwick, said "Land in such a convenient location is rare and not to be missed". The owner is happy to negotiate favourable settlement terms to interested buyers. All lots are ready for building with power, water and high speed NBN FTTP (fibre to the premises) at the entry of the subdivision. Conduits for all services are installed ready for connection.
SPECIFICS:
LOT 22: $355,000
•With Drew's Road frontage, it is 969 m2 and is approved for a duplex
•Two electrical conduits for individual power supply and metering (cable ready)
•Two 32mm poly water pipes to the lot for individual supply and metering
•2 NBN coms conduits for individual service connection
•Two stormwater connections
•Two sewer connections
LOT 23: $355,000
•Elevated Rear lot accessed via generous 5.5m wide drive and is compliant for duplex approval
•1,000m2
•Two electrical conduits for individual power supply and metering (cable ready)
•Two 32mm poly water pipes to the lot for individual supply and metering
•2 NBN coms conduits for individual service connection
•Two stormwater connections
•Two sewer connections
Lot 20... Price from $255,000
•402m2
•Street frontage
•Electrical conduits for individual power supply and metering (cable ready)
•32mm poly water pipes to the lot for individual supply and metering
•NBN coms conduits for individual service connection
•Stormwater connections
•Sewer connections
The size of Tanah Merah is approximately 4.1 square kilometres. It has 10 parks covering nearly 11% of total area. The population of Tanah Merah in 2011 was 4,608 people. By 2016 the population was 4,748 showing a population growth of 3.0% in the area during that time. The predominant age group in Tanah Merah is 20-29 years. Households in Tanah Merah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tanah Merah work in a trades occupation. In 2011, 72.8% of the homes in Tanah Merah were owner-occupied compared with 71% in 2016.
Tanah Merah has 1,905 properties. Over the last 5 years, Houses in Tanah Merah have seen a 89.16% increase in median value, while Units have seen a 111.57% increase. As at 31 October 2024:
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