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Commercial Collective - NEWCASTLE

46 Selwyn Street Merewether, NSW 2291

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46 Selwyn Street,
Merewether, NSW 2291

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Commercial Collective - NEWCASTLE
Isaac Reville
Matt Kearney

Commercial Collective - NEWCASTLE

10 Newcomen Street
NEWCASTLE, NSW 2300
Commercial Collective - NEWCASTLE
46 Selwyn Street
Merewether, NSW 2291

Map of 46 Selwyn Street

Directions

Apartment complex in blue chip Merewether

  • Rare 938sqm* site area
  • Future strata subdivision (STCA)
  • Eight apartments sold in-one-line
Commercial Collective is pleased to present this rare opportunity to purchase an entire apartment complex on one title in the beachside suburb of Merewether.

The property comprises eight apartments, featuring six two-bedroom and two one-bedroom, all with off-street parking. The property also offers future strata subdivision or potential development upside (STCA).

- Up to 90 days settlement
- Prime lifestyle location
- Robust multi-tenant cashflow
- Beachside suburb location
- Eight (8) apartments sold in-one-line: six two-bed and two one-bed
- All apartments have off street parking
- Proven low vacancy
- Zoned R2 Residential
- Rare 938sqm* site area
- 20.1m* site frontage

Auction Wednesday 27 October 2021 at 11am via online platform AuctionNow

For further information or to arrange a one-on-one inspection, please contact the exclusive Commercial Collective selling agents.

*Approximately and outline indicative only

Merewether, 2291 demographic data

The median household income for Merewether is $2,287, 59% higher than Regional New South Wales's household income of $1,434. Merewether has a younger age profile compared to the rest of Regional New South Wales (median age 39 vs 43). Property ownership data shows 45% of property owners in Merewether have a mortgage.

11,788
Population
$2,287 per week
Median household income
39 years
Median age
Owners
Most residents
Families
Most households

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