2/11 Merriman St, Kyle Bay is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 1858m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in January 2025.
Privately set in a boutique complex of five residences and offering elevated water views over Kyle Bay, this double brick townhouse offers a rare opportunity for investors and future owner-occupiers.
Currently leased to Defence Housing Australia (DHA) until August 2028, this is a rare 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.
Property features:
- Full brick townhouse with north-to-rear aspect
- Boutique complex of only five residences
- Open plan lounge and dining area with timber flooring
- Three spacious bedrooms with built-in robes and master with ensuite
- Gourmet kitchen with gas cooktop and stainless-steel appliances
- Oversized al fresco terrace with stunning views over Kyle Bay and Merriman Reserve
- Low-maintenance porch and additional courtyard at the rear
- Well-appointed family bathroom with separate bathtub and floor-to-ceiling tiling
- Double side-by-side lock-up garage with internal access
- Located close to vibrant cafes, restaurants and parks, and a short drive to Connells Point Public School, South Hurstville Shopping Village, Hurstville Station and Westfield
Current rent: $1400 per week
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
- Rent reviewed annually
- Visit dha.gov.au to learn more about the benefits of investing in a DHA leased property
Please contact agent to inspect by appointment.
The size of Kyle Bay is approximately 0.6 square kilometres. There are 4 parks, covering nearly 5.5% of the total area. The population of Kyle Bay in 2016 was 1035 people. By 2021 the population was 1039 showing a population growth of 0.4% in the area during that time. The predominant age group in Kyle Bay is 50-59 years. Households in Kyle Bay are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Kyle Bay work in a professional occupation.In 2021, 91.40% of the homes in Kyle Bay were owner-occupied compared with 88.30% in 2016.
Kyle Bay has 395 properties. Over the last 5 years, Houses in Kyle Bay have seen a 23.05% increase in median value. As at 31 May 2026:
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