Back 1/40 Meriel St
Off Market

1/40 Meriel St

Sans Souci NSW 2219

4
2
2
390 m²
Townhouse
Last sold for $1,565,000
Cecily ZhuCecily Zhu, last sold this property on 29 June 2023 after 238 days on market.

Overview

INVEST NOW, MOVE IN LATER – DHA OPPORTUNITY IN PRIME LOCATION

Combining stylish contemporary design with a tranquil address only minutes from the beach, this exceptional townhouse offers a rare opportunity for investors and future owner-occupiers. Built in 2019, this well-appointed home is sure to appeal to buyers seeking a waterside lifestyle with convenient access to local amenities. Currently leased to Defence Housing Australia (DHA) until September 2025 with a further 3-year option, this is a fantastic opportunity to secure a hassle-free investment with a guaranteed income stream, and at the end of the lease, have the choice to move in, lease out or sell vacant. Current rent: $1300 per week Property features: - Positioned at the front of a boutique complex of five - Open plan lounge and dining area offers flexible living - Indoor/outdoor flow to patio and courtyard - Modern kitchen with gas cooktop, stone benches and Smeg appliances - Four spacious bedrooms all with built-in robes and master with ensuite - Internal access to secure double garage - Generous storage area with option to convert to media room, gym or cellar - Walking distance to the newly renovated Sans Souci Sailing Club, Leisure Centre, beaches, cafes and transport links Benefits of DHA lease: - Guaranteed rent even if property is vacant - All-inclusive service fee for “DHA Property Care” covers range of property related services - Market rent reviewed annually - Restoration “make good” service at the end of lease - Visit dha.gov.au to learn more about the benefits of investing in a DHA leased property Inspections by appointment only. Contact agent for more details.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
390 m² floor area
Townhouse

Estimated Value

We need at least 3 similar 4 bedroom townhouses sold in Sans Souci over the last 12 months.

Property history for 1/40 Meriel St

2025
Rented
Undisclosed
Leased on 04 Apr 2025 by PRD Kogarah
2025
Rented
Undisclosed
Leased on 04 Apr 2025 by PRD Kogarah
2023
Sold
$1,565,000
29 Jun 2023 by Cecily Zhu, of Gavan Property Group Pty Ltd

Happy sellers in Sans Souci

85%
85% of sellers in Sans Souci reported that their sale price either exceeded or met their price expectations.

Sans Souci stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 64 reviews in Sans Souci over the last 12 months.

Local market activity for 4 bedroom townhouses in Sans Souci

In the last 12 months, 1 four-bedroom townhouse similar to 1/40 Meriel St, have been sold.

This represents a 50% increase in four-bedroom townhouses sales when compared to the previous 12 months.

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