Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Overview
302/53 Merton Street, Sutherland
This oversized apartment offers an exceptional opportunity for investors and homebuyers alike, located in a prime central location within the Sutherland Shire. Boasting a generous total area of approximately 110 square meters, this property combines spacious living with convenience and strong investment potential.
The apartment features two large bedrooms, each equipped with built-in wardrobes, providing ample storage and comfort. The open plan living and dining area creates a welcoming and versatile space for relaxation and entertaining. Natural light fills the rooms, enhanced by a large balcony that offers excellent exposure and views, perfect for enjoying the outdoors from the comfort of your home.
The kitchen is well-appointed with ample storage options, designed to meet the needs of everyday living and culinary pursuits. Additional features include air conditioning for year-round comfort and carpeted flooring that adds warmth and style to the interiors.
Residents benefit from a secure building environment with an allocated basement car parking space, ensuring convenience and peace of mind. The location is highly sought after, within walking distance to shops, cafes, and the Sutherland railway station, providing easy access to transport and local amenities.
This property is currently tenanted with a tenant willing to remain long term, subject to purchaser approval, making it an ideal investment with immediate rental income and long-term capital growth prospects. The strong rental demand in this proven growth corridor further enhances the appeal of this apartment.
Additional property information includes council rates of approximately $400 per quarter, water rates around $280 per quarter, and strata fees comprising an administration fund of $1714 per quarter and a sinking fund of $85.74 per quarter. Other outgoings total approximately $3908.93 per quarter.
Whether entering the market for the first time, expanding an investment portfolio, or seeking a well-positioned long-term hold, this apartment represents exceptional value. The current special levies in place contribute to the overall affordability and investment appeal.
Overall, this apartment offers a blend of space, location, and investment potential, making it a compelling choice for savvy buyers looking to secure a quality property in the heart of Sutherland Shire.
Change History
| Headline | When |
|---|---|
| Contact Agent | |
| $535,000 |
Location
Sutherland NSW 2232
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 91 sqm |
Market Insights for Sutherland NSW 2232
Other properties in this postcode
For Sale | Guide $1,400,000
1/72 Belmont Street, Sutherland NSW 2232
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
