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R&H Suburb Summary | Houses |
---|---|
Number of sales | 224 |
Average Price | $3,563,253 |
Median Price | $3,250,000 |
Median Rental Price | $1380 p.w. |
Change in Rental Rate (5yr) | 23 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 95 |
Average Price | $1,233,663 |
Median Price | $840,000 |
Median Rental Price | $620 p.w. |
Change in Rental Rate (5yr) | 17 % |
An outstanding opportunity exists to acquire a zoned B4 mixed-use property, with parking, to be sold-in-one-line in the heart of Paddington. It currently comprises an upper level one-bedroom apartment with urban outlook, street level retail space with stable tenant, and rear lane access to off-street parking and a separate self-contained two-bedroom apartment. With a rental return of approx. $125,000 per annum, it presents a superb investment prospect, while offering excellent potential to re-create/renovate one brand new lifestyle sanctuary (STCA).
Property Features:
- Upper-level apartment with combined living/dining
- Streamlined stone kitchen with quality appliances
- Well-proportioned bedroom with built-in robe
- Stylish fully tiled bathroom, concealed laundry
- Split-cycle air conditioning, urban outlooks
- Street level shop with kitchenette and storage
- High ceilings, timber floors, ducted air conditioning
- Lower-level apartment with separate entrance
- Spacious living area, sleek Caesarstone kitchen
- Main bedroom with built-in robe, ducted a/c
- Rear lane access to an invaluable off street parking
- Offers numerous residential/commercial endeavours
- Move into one apartment/receive passive income
- Excellent rental return of approx. $125,00 per annum
- Re-create/rebuild brand new designer home (STCA)
- Shops and popular eateries at the doorstep
- Footsteps to Arts Bar, Palace Verona Cinema
- Stroll to popular pubs, boutiques, city buses
- Situated in the heart of the Oxford St revitalisation project
- Walk to COFA University, UNSW Art & Design