1/22 Sheffield StreetMerrylands NSW 2160
Property Details for 1/22 Sheffield St, Merrylands
1/22 Sheffield St, Merrylands is a 12 bedroom, 6 bathroom Unit with 6 parking spaces and was built in 1980. The property has a land size of 697m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in March 2025.
Last Listing description (December 2024)
Entire Block of Six Units in Prime Location
A superb investment opportunity to acquire an entire block of units in a highly sought after position only metres from Stockland Mall, Railway Station, bus transport, cafes and eateries.
Selling in one line, this north facing block is a rare find, offering six (6) x two (2) bedroom units, all with undercover parking, balcony and laundry.
The property is strata registered with existing subdivision and would make an ideal value-add creation opportunity for investors or developers alike.
Whether you are an investor or developer, this property delivers versatility and long-term potential.
Leverage the favourable market conditions with strong rental demand and high rental yields.
Unlock growth opportunities by renovating to increase rental returns or sell the units individually for a strong return.
Notable features include:
* 6 x 2 bedroom units
* Three floor plan variations
* Two-level walk-up building
* Double brick construction
* Representing potential income of $151,840 to $157,040 per annum
* Site area - 696.85 sqm approx.
* Strata registered and existing subdivision in place
* Zoned R4 High Density Residential
* All units with balconies, laundry & covered parking spaces
* Low maintenance grounds
* Only 600 metres approx. to the Railway Station & Stockland Mall
* Minutes' drive to Parramatta CBD & Westmead Medical Precinct
This is a rare opportunity to secure a premium asset in a thriving location with significant upside potential.
Auction details:
The property will be offered for Auction, onsite Tuesday 17th December 2024 at 6.00pm.
Property History for 1/22 Sheffield St, Merrylands, NSW 2160
- 17 Mar 2025Sold for $442,500
- 17 Dec 2024Listed for Sale Sold
- 03 Oct 2024Listed for Rent $480 / week
Recent sales nearby
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About Merrylands 2160
The size of Merrylands is approximately 6.7 square kilometres. There are 44 parks, covering nearly 8.0% of the total area. The population of Merrylands in 2016 was 29653 people. By 2021 the population was 32472 showing a population growth of 9.5% in the area during that time. The predominant age group in Merrylands is 30-39 years. Households in Merrylands are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Merrylands work in a professional occupation.In 2021, 48.80% of the homes in Merrylands were owner-occupied compared with 51.60% in 2016.
Merrylands has 15,771 properties. Over the last 5 years, Houses in Merrylands have seen a 46.44% increase in median value, while Units have seen a 17.07% increase. As at 30 April 2026:
- The median value for Houses in Merrylands is $1,470,893 while the median value for Units is $553,480.
- Houses have a median rent of $750 while Units have a median rent of $600.
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