Back 134 George Street
Off Market

134 George Street

Erskineville NSW 2043

22
4
3
442 m²
House
Last sold for $4,000,000
Brad GillespieBrad Gillespie, last sold this property on 25 February 2026 after 14 days on market.

Overview

Erskineville Freehold Boarding House – 22 Rooms, Proven Income & Future Upside

A landmark opportunity in one of Sydney's most in-demand inner-west prized pockets, 134 George Street, Erskineville presents a rare combination of consistent income, heritage charm, and remarkable value-add potential. Set across a generous 422sqm landholding with a commanding 22-metre frontage and 2 valuable car spaces, this freestanding two-level Federation building offers 22 lettable rooms plus self-contained managers quarters and an impressive 2024 - 2025 gross income of $195,825, making it a proven performer with the capacity to further enhance yield. Residents enjoy a well-maintained and functional layout featuring two communal bathrooms (each providing one toilet and two shower cubicles per floor), a spacious shared kitchen and dining area, and free laundry facilities. A separate cottage and on-site manager's room, each with their own kitchen and bathroom, add flexibility and convenience. Beautifully positioned within strolling distance to Erskineville Village, cafés, restaurants, transport links, Sydney University, and the lifestyle vibrancy of King Street, Newtown, the property sits in a blue-chip rental catchment with consistently strong demand and minimal vacancy. Land tax exempt and proudly held in the same family for over 40 years, this exceptional offering stands as a reliable, long-term investment with enormous scope to modernise, renovate, or reposition to elevate returns and capital value. The Ideal Investment For: Boarding house operators Long-term passive investors Value-add buyers seeking upside SMSF or private family offices Inner-city landbankers Opportunities of this scale, income stability, and location are increasingly rare-this is one not to be missed. Co-agency with Dominic D'Ettorre – D'Ettorre Real Estate 0411 389 384 Inspect: Thursdays & Saturdays 12:00pm - 12:30pm Auction: Onsite, 12:30pm Thursday 12th March 2026

Features

22 bedrooms
4 bathrooms
3 carspaces
3 garage spaces
442 m² lot size
House

Estimated Value

We need at least 3 similar 22 bedroom houses sold in Erskineville over the last 12 months.

Property history for 134 George Street

2026
Sold
$4,000,000
25 Feb 2026 by Brad Gillespie, of The Agency Eastern Suburbs

Happy sellers in Erskineville

82%
82% of sellers in Erskineville reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 71 reviews in Erskineville over the last 12 months.

Local market activity for 22 bedroom houses in Erskineville

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