Boutique development of 6 units in prime location.

2/42 Morgan Street Merewether, NSW 2291

111
$370,000

Perfectly positioned in the heart of Merewether is this ground floor unit which soaks up a North/East aspect. The area has always been sought after for the lifestyle which is easy to see why when there is so much at your fingertips. Take your pick of venues to socialise with friends at The Mary Ellen, Souths, Burwood or The Prince of Wales.

An easy level 5 minute stroll will bring you into The Junction, and taking a direct route down Berner Street will lead you onto Merewether Beach. This is a great opportunity for an investor to add to their portfolio to take over the existing tenancy in place.

The unit offers a spacious open plan and sun drenched living space which flows off the kitchen nook.
Presenting itself neat and tidy throughout to leave as is or there is potential to add value throughout.

* Great sized bedroom at rear of unit which offers external access.
* Recently updated bathroom with combined laundry facilities.
* Fantastic rental return at $315 pw, happy tenant wishing to stay on.
* Small boutique development block in good condition.
* Single carport space at back of complex.

Outgoing expenses.
Strata rates $670.43pq.
Council rates $327pq.
Water rates $302.26 approx every 3 months.

* Agent declares interest.

For more information or to arrange a private viewing please contact the selling agent Chris Arnold on 0419978606.

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations

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Real Estate Agent
Arnold Property team
Christopher Arnold
Residential Sales Director

we would like to thank the Arnold property who recently sold my parent deceased estate at Islington .I would recommend Arnold property to anyone.Ps we sold at $661,000 also it exceed our expectation and very happy with the result. From Adrian