152 Boundary Street,
Paddington, NSW 2021
Showrooms & Large Format Retail
Price information
Sale
$5,000,000
Key property information
Land area
Floor area
Tenure type
Private inspections
to arrange a private inspection.
Map of 152 Boundary Street
Train stations within 5 km of 152 Boundary Street, Paddington, NSW 2021 Distance Kings Cross Station 762 m Museum Station 1.2 km Edgecliff Station 1.3 km Central Station 1.4 km Capitol Square Light Rail Station 1.5 km POWERED BY HERE ©Tram stops within 5 km of 152 Boundary Street, Paddington, NSW 2021 Distance Surry Hills 1.2 km Central Chalmers Street 1.4 km Central Station Light Rail 1.4 km Capitol Square Light Rail Station 1.5 km Paddy's Markets Light Rail Station 1.7 km POWERED BY HERE ©Bus stops within 5 km of 152 Boundary Street, Paddington, NSW 2021 Distance MacDonald St at Liverpool St 184 m Oxford St at West St 193 m St Vincent's Hospital, Burton St 200 m Burton St Opp St Vincent's Hospital 223 m Oxford St at Glenmore Rd 251 m POWERED BY HERE ©
POWERED BY HERE ©
Rare Freehold Mechanic Workshop with Future Redevelopment Potential
- 320sqm* NLA
- Land area 240sqm*
- Potential development opportunity (STCA)
I.B Property is pleased to present a truly exceptional opportunity at 152 Boundary Street, Paddington.
Nestled in the vibrant heart of Paddington, this unique property stands as a robust freehold asset within the suburb's expanding enclave. Beyond its present value, this property holds potential for future development, making it an appealing prospect for a diverse range of investors. The first level features a 1-bedroom, 1-bathroom warehouse-style apartment, distinguished by its soaring ceiling heights and abundant natural light pouring through large façade windows.
This asset opens up numerous avenues for the discerning purchaser, whether you're an astute long-term investor, a forward-thinking developer, or someone with a vision to transform the property into a residential gem.
Key Highlights:
• Annual net income of $184,800 + GST (exclusive to the mechanic workshop)
• Projected net income of $221,000* per annum.
• Additional 1-bedroom apartment on level 1 (Vacant)
• 240sqm* Land Area with an approximate 320sqm* net lettable area
• Exceptional visibility and exposure, with potential for future residential warehouse conversion development (STCA)
• Conveniently located just moments away from Paddington's finest dining establishments and boutique fashion outlets.
• Situated opposite the renowned St Vincent's Private hospital
*approx.
Join us in anticipation as I.B Property proudly presents 152 Boundary Street, Paddington for Sale.
Nestled in the vibrant heart of Paddington, this unique property stands as a robust freehold asset within the suburb's expanding enclave. Beyond its present value, this property holds potential for future development, making it an appealing prospect for a diverse range of investors. The first level features a 1-bedroom, 1-bathroom warehouse-style apartment, distinguished by its soaring ceiling heights and abundant natural light pouring through large façade windows.
This asset opens up numerous avenues for the discerning purchaser, whether you're an astute long-term investor, a forward-thinking developer, or someone with a vision to transform the property into a residential gem.
Key Highlights:
• Annual net income of $184,800 + GST (exclusive to the mechanic workshop)
• Projected net income of $221,000* per annum.
• Additional 1-bedroom apartment on level 1 (Vacant)
• 240sqm* Land Area with an approximate 320sqm* net lettable area
• Exceptional visibility and exposure, with potential for future residential warehouse conversion development (STCA)
• Conveniently located just moments away from Paddington's finest dining establishments and boutique fashion outlets.
• Situated opposite the renowned St Vincent's Private hospital
*approx.
Join us in anticipation as I.B Property proudly presents 152 Boundary Street, Paddington for Sale.
Property ID: 504435512Last Updated: 23 Apr 2024
152 Boundary Street
Paddington, NSW 2021
IB Property322 Crown Street
SURRY HILLS, NSW 2010
SURRY HILLS, NSW 2010
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