Back 3/48E Merton Street
Off Market

3/48E Merton Street

Trentham Wellington

2
1
71 m²
Unit
Ray WallaceRay Wallace, last sold this property on 19 March 2026 after -1 days on market.

Overview

Good Investment Opportunity

Estate Sale -- Calling all investors, flippers, and home buyers. This is a great opportunity that doesn't come along often! Two, 2-bedroom company share units are up for grabs in the same complex offering the flexibility to buy one or both and add real value at BEO $215,000 per unit. One unit is currently tenanted at over $400 per week, giving you immediate income while you plan your next move and while the other unit is vacant. Each unit features heat pumps, good-sized bedrooms, and views to the common lawn area and surrounding hills. There's plenty of scope here for those ready to roll up their sleeves . The units are tidy but would absolutely shine with a little tender loving care. Whether you're looking to secure a solid investment at a good price, renovate and reap the rewards, or live in one and rent the other, this is a smart move. + Buy one or buy both - your choice + Rental income already in place + Great bones, ready for a refresh + Ideal for investors, flippers, or home buyers wishing to down size A golden opportunity to unlock potential and profit! Enquire and request a viewing to make Units 1 & 3 48E Merton Street your next smart investment move.

Features

2 bedrooms
1 bathroom
71 m² floor area
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Trentham over the last 12 months, the estimated median property value of 3/48E Merton Street is $485k.

Median value
$485k
Estimated value range
$200k - $535k
Median days on market
26
Estimated value trend
26%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Trentham. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3/48E Merton Street

2026
Sold
Undisclosed
19 Mar 2026 by Ray Wallace, of Ray White Kemeys Brothers

Happy sellers in Trentham

74%
74% of sellers in Trentham reported that their sale price either exceeded or met their price expectations.

Trentham stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 69 reviews in Trentham over the last 12 months.

Local market activity for 2 bedroom units in Trentham

In the last 12 months, 6 two-bedroom units similar to 3/48E Merton Street, have been sold.

This represents a 30% increase in two-bedroom units sales when compared to the previous 12 months.

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