Back 5 Wayman Place
Off Market

5 Wayman Place

Merrylands NSW 2160

3
1
1
House
Last sold for $1,405,000
Rowan ThredgoldRowan Thredgold, last sold this property on 03 July 2016 after 279 days on market.

Overview

SOLD BY ROWAN THREDGOLD 0414 433 488, MANY MORE WANTED!

This rarely offered boutique development site sits in a prime location in a quiet cul-de-sac on the fringe of Merrylands CBD. A unique opportunity to acquire the last remaining lot (All other lots in the street are DA approved) & build with a due north facing aspect ensuring strong resale demand. It features: - Clear & level block with total of 505.9m2 of land & 12.19m frontage (approx) - High side of the street with no major trees - High density residential R4 zoning under the Holroyd LEP 2013 - Floor space ratio 1.5:1 & building height up to 20 meters - Zero boundaries to western side of Wayman Pl for basement & first two levels - Right of carriageway easement through 1 & 3 Wayman Place for access to basement parking - No driveway required offering potential large courtyard units to the ground floors - Preliminary architectural concept drawings to accommodate 12 parking spaces (STCA) - Currently leased for $520 providing steady income until ready to develop & bonus DA approved granny flat - Within a short stroll to railway station, new Stockland mall, King Park, schools, village shopping & vibrant eateries - Approx 5 minutes’ drive to the ever expanding Parramatta CBD - Easy access to M4 motorway & proposed WestConnex $14.9 billion NSW freeway linking Parramatta to Sydney Airport - Parramatta CBD link - http://www.parracity.nsw.gov.au/your_council/news/Parramatta_Square - WestConnex link - http://www.westconnex.com.au/

Features

3 bedrooms
1 bathroom
1 carspace
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Merrylands over the last 12 months, the estimated median property value of 5 Wayman Place is $1.35m.

Median value
$1.35m
Estimated value range
$895k - $1.93m
Median days on market
26
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Merrylands. 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 5 Wayman Place

2019
Rented
Undisclosed
Leased on 24 Jun 2019 by Exclusive Real Estate
2016
Sold
$1,405,000
03 Jul 2016 by Rowan Thredgold, of Ray White Parramatta Group

Happy sellers in Merrylands

87%
87% of sellers in Merrylands reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 191 reviews in Merrylands over the last 12 months.

Local market activity for 3 bedroom houses in Merrylands

In the last 12 months, 70 three-bedroom houses similar to 5 Wayman Place, have been sold.

This represents a 21% increase in three-bedroom houses sales when compared to the previous 12 months.

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