Back 16 Pell Street
Off Market

16 Pell Street

Merewether NSW 2291

2
1
1
0 m²
303.5 m²
House
Last sold for $1,750,000
Mark KentwellMark Kentwell, last sold this property on 26 January 2021 after -2 days on market.

Overview

Perfectly Positioned With Abundant Opportunities

Sitting on an elevated block offering ocean views, this two-bedroom home is perfectly positioned on a street lined with prestige properties. Offering an opportunity for investors, renovators or developers alike, this property is ready to move in and enjoy the spoils of living in a beachside suburb or redevelop (STCA) to further take advantage of its prime location. Good size interiors feature charming original elements and offer a bright and modern setting. Positioned at the front of the home is the formal living room with ornamental fireplace and a spacious light-filled main bedroom. A neat and roomy kitchen sits at the centre of the house providing easy access to two living/dining areas. Outside a shaded patio offers a peaceful retreat to enjoy the fresh ocean air or entertain friends. Surrounded by parks and ovals, popular cafes, schools and only a short walk to world-class Merewether Beach, this location offers the ultimate in lifestyle combined with convenience. Only a short drive to The Junction and you'll find all the essentials, luxuries and entertainment along with local amenities and services. A picturesque home in a tranquil setting within a blue-chip suburb is a rare opportunity. • Currently tenanted returning $660 per week • Two good size bedrooms, main bedroom with ceiling fan • Air conditioning in main dining room provides cooling through to the kitchen • Completely modern bathroom, separate w.c. • Large internal laundry with built-in cabinetry • Shaded patio area with fully fenced low maintenance backyard suitable for pets • Single car garage with additional driveway parking • Schools within 2km, Holy Family Primary, The Junction Public, St Joseph's Primary, Hamilton South and Merewether Schools • 500m to Merewether Beach, 1.5km to Junction Fair shopping centre This property is being sold under the Online Friendly Auction System. Flexible deposit and settlement conditions are also available by negotiation with the agent if required. Offers can also be made prior to auction and each offer will be assessed on its merits. Live streaming auction. Bid and buy with confidence in this consumer driven, transparent auction system that was pioneered here in Newcastle but is now in use across Australia. We also have a downloadable guide available on our website. **Health & Safety Measures are in Place for Open Homes & All Private Inspections **All inspection attendees will have to answer a health and safety survey to qualify for the inspection of the property Disclaimer: All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
0 m² floor area
303.5 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Merewether over the last 12 months, the estimated median property value of 16 Pell Street is $1.2m.

Median value
$1.2m
Estimated value range
$1.15m - $2.15m
Median days on market
16
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Merewether. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 16 Pell Street

2021
Sold
$1,750,000
Private Sale/Treaty on 26 Jan 2021 by Mark Kentwell, of Presence Real Estate Newcastle
2020
Rented
Undisclosed
Leased on 17 Jun 2020 by Dalton Partners The Junction
2018
Rented
Undisclosed
Leased on 18 Sep 2018 by Dalton Partners The Junction

Happy sellers in Merewether

80%
80% of sellers in Merewether reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 84 reviews in Merewether over the last 12 months.

Local market activity for 2 bedroom houses in Merewether

In the last 12 months, 5 two-bedroom houses similar to 16 Pell Street, have been sold.

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

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