Sold
Last Asking Price - $1,500,000
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10 Ridge Street, Merewether NSW 2291

House
21
Block size: 278 m² approx.

Diverse opportunity in blue chip suburb

Situated on the corner of Ridge Street and Ranclaud Street, Merewether, the property is idyllically located in the heart of the regions premier suburb, and is surrounded by quality amenity including cafes, parks and exceptional education options.

This Torrens title building is situated on 278 square metres* of R2 Low Density Residential zoned land. Improvements comprise of a single storey brick dwelling with a total area of 150 square metres*. The property currently operates as a takeaway shop, and benefits from a separate two bedroom unit which allows for a future diversified income stream (STCA).

Given the existing improvements, holding income from the sitting tenant and irreplaceable location, this outstanding opportunity will appeal to a wide range of buyer groups looking to invest in Merewether.

For Sale by Public Auction | Thursday 21 March 2023 at 10.30am
Ground Floor, 18 Honeysuckle Drive, Newcastle

*Approximate.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Ben King to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
2
Bathrooms:
1
Property type:
House
Block Size:
278 *

Other Details

Lot:
1
Plan Type:
DP
Plan:
153844
Legal description:
1/153844
Colliers Newcastle

Maps and area information

Block information
Block size: 278 (approx)
Legal description: 1/153844
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
02 Apr 2024
Sold
Colliers Newcastle
Listed: 20/02/2024
Block size: 278.2m²
Transfer type: Full transfer
26 Mar 2024
Sold
Colliers Newcastle
Listed: 19/02/2024
Block size: 278.2m²
Transfer type: Full transfer

Merewether suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
41 years
Population
11,788
Listing ID: 182311431. This listing has been viewed 26 times. It was first displayed on 20/02/2024 and last updated on 02/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.