1 Spray StreetMerricks Beach VIC 3926
Property Details for 1 Spray St, Merricks Beach
1 Spray St, Merricks Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 1450m2 and floor size of 97m2.
Last Listing description (April 2020)
Auction Location: 1-4/33 Spray Street, Mornington.
A rare opportunity exists to secure these four, single level, villa units. On one title and to be sold as a whole, they are ideally positioned within walking distance to Morningtons bustling Main Street. Units 1,2 and 3 are currently let with a potential return of approximately $71,000 per annum at full occupancy.
All units comprise of:
spacious living area
kitchen with gas hotplates and ample cabinetry
bathroom with shower & vanity, separate toilet, laundry
gas heating
single garage
total land size 1058m2 approx
This is a fantastic investment for your portfolio or SMSF.
Property History for 1 Spray St, Merricks Beach, VIC 3926
- 07 Nov 2019Listed for Sale SOLD
- 14 Feb 2010Listed for Rent - Price not available
- 19 Sep 2009Listed for Sale FROM $345,000
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0About Merricks Beach 3926
The size of Merricks Beach is approximately 1.7 square kilometres. It has 2 parks covering nearly 1.1% of total area. The population of Merricks Beach in 2011 was 354 people. By 2016 the population was 115 showing a population decline of 67.5% in the area during that time. The predominant age group in Merricks Beach is 50-59 years. Households in Merricks Beach are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Merricks Beach work in a professional occupation. In 2011, 81.4% of the homes in Merricks Beach were owner-occupied compared with 81% in 2016.
Merricks Beach has 262 properties. Over the last 5 years, Houses in Merricks Beach have seen a 41.12% increase in median value. As at 31 October 2024:
- The median value for Houses in Merricks Beach is $1,225,918 while the median value for Units is $484,123.
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