33 Morgan StreetMerewether NSW 2291
Property Details for 33 Morgan St, Merewether
33 Morgan St, Merewether is a 7 bedroom, 4 bathroom House with 6 parking spaces and was built in 1960. The property has a land size of 506m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Last Listing description (April 2025)
This is the kind of exciting real estate prospect that doesn't come along every day. Sitting on a 505.9sqm corner block with dual frontage to desirable Berner Street and zoned R3 Medium Density, this property offers immense potential. Whether you're looking for a home with income, a dual income investment, or most exciting of all, a potential-packed opportunity for developers, this block is sure to capture your imagination.
The current dual-level building holds two units on one title. Downstairs, the owners have created a beautifully renovated three-bedroom, two-bathroom home, while upstairs, the original four-bedroom, two-bathroom unit provides a steady rental income.
With options aplenty, you could continue living in the stylish downstairs space while keeping that income stream flowing from the upstairs unit. Alternatively, rent out both for dual income, or renovate upstairs to maximise the rental potential, or make it your own. But what really sets this property apart is the sheer potential for developers. A rare corner block of this size and zoning opens the door to designing multiple dwellings or perhaps a luxurious duplex (STCA).
And then there's the lifestyle. Nestled in the heart of Merewether, you'll have your pick of sun, surf, and sand. A quick 1km run will land you at either Dixon Park Beach or Merewether Beach. For socialising, you've got The Beach Hotel, The Prince, and Mary Ellen just around the corner, plus easy access to The Junction for shopping and dining.
- 20.12m frontage to Morgan Street, 25.25m frontage to Berner Street
- Zoned R3 Medium Density Residential
- Fully renovated 3-bed, 2-bath, 2-parking on ground floor
- Original 4-bed, 2-bath, 1-parking upstairs, currently returning $620pw
- The Junction Public School & St Joseph's Primary 1km
- Llewellyn Street shops 500m
Disclaimer:
All information provided by Wilton Lemke Stewart in the marketing of a property for sale or lease has been sourced from various third-party outlets that we deem reliable. Nonetheless, Wilton Lemke Stewart cannot ensure its absolute accuracy, and we bear no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements in the information provided. Prospective buyers and tenants are encouraged to conduct their own due diligence and rely on their own investigations. All images, measurements, diagrams, renderings, and data are indicative and for illustrative purposes only, subject to potential changes.
Property History for 33 Morgan St, Merewether, NSW 2291
- 08 Nov 2024Sold for $2,250,000
- 10 Oct 2024Listed for Sale Auction
- 24 Apr 2008Sold for $700,000
Recent sales nearby
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0About Merewether 2291
The size of Merewether is approximately 6.4 square kilometres. It has 19 parks covering nearly 49.5% of total area. The population of Merewether in 2016 was 10964 people. By 2021 the population was 11788 showing a population growth of 7.5% in the area during that time. The predominant age group in Merewether is 20-29 years. Households in Merewether are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Merewether work in a professional occupation.In 2021, 64.80% of the homes in Merewether were owner-occupied compared with 63.30% in 2016.
Merewether has 5,894 properties. Over the last 5 years, Houses in Merewether have seen a 58.85% increase in median value, while Units have seen a 44.67% increase. As at 30 November 2025:
- The median value for Houses in Merewether is $2,078,058 while the median value for Units is $919,279.
- Houses have a median rent of $800 while Units have a median rent of $620.
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