5/15 Mary Street, Merewether, NSW 2291

Could you picture yourself living in the highly sought-after suburb of Merewether? Offering a fantastic opportunity for first home buyers, downsizers or savvy investors, this well-presented two-bedroom unit combines low-maintenance living with a lifestyle that puts some of Newcastle’s best attractions within easy reach.

Enjoy early morning swims, a surf at Merewether Beach or a scenic walk through Glenrock State Conservation Area. The Junction is also just 1.5km away, with a great selection of cafés, restaurants, pubs and everyday amenities, meaning you can leave the car at home and enjoy everything this fantastic location has to offer.

For investors, the property is currently leased until March 2027, returning $645 per week, providing an attractive opportunity to secure a set-and-forget investment in a tightly held suburb.

Inside, the unit has been thoughtfully updated with a renovated kitchen and bathroom, modern hybrid timber flooring and fresh paint throughout. Both bedrooms feature double mirrored built-in wardrobes, while the kitchen offers plenty of storage, stone benchtops, a gas cooktop and dishwasher.

One of the standout features is the private grassed courtyard, providing your own outdoor space for entertaining, relaxing or even creating a small vegetable garden. The single lock-up garage also offers convenient street access with remote-controlled entry.

Key Features

• Two bedrooms, both with double mirrored built-in wardrobes
• Renovated kitchen with stone benchtops, gas cooking and dishwasher
• Modern updated bathroom
• Modern hybrid timber flooring throughout the living areas
• Freshly painted throughout
• Private grassed courtyard
• Single lock-up garage with remote-controlled access
• Split-system air conditioning in the lounge room
• Updated downlights throughout
• Currently leased until March 2027 at $645 per week
• Ideal opportunity for first home buyers or investors
• Convenient Merewether location close to beaches, cafés, restaurants and The Junction

An excellent opportunity to secure an affordable foothold in one of Newcastle’s most desirable suburbs, offering both lifestyle appeal and strong investment potential


Strata rates approx $1,040 p/q
Council rates approx $495 p/q
Water rates approx $260 p/q

Disclaimer: We have obtained all information from sources we believe to be reliable; however we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Type

Flat

Bedrooms

2

Bathrooms

1

Parkings

1

House Size

60 m²