Merewether mortgagee auction with potential investment return

Merewether mortgagee auction with potential investment return
Staff reporterDecember 7, 2020

Mortgagees have listed a three bedroom Merewether home on a 580 square metre block.

The original styled Henry Street property is to be sold by November 22 auction.

It is currently configured as two separate tenancies and the listing agents say it will be "a solid returning investment".

It is located only short drive to beach.

"It could easily be renovated or suit complete redevelopment," the marketing said.

It last traded at $167,500 in 1999.

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