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Back 3/38-40 Kings Cross Road
Off Market

3/38-40 Kings Cross Road

Potts Point NSW 2011

2
1
51 m²
Apartment
Last sold for $760,000
Duncan HollandDuncan Holland, last sold this property on 30 November 2019 after 16 days on market.

Overview

Ideal investment in boutique complex

An exciting opportunity for astute investors, this ground floor apartment ticks all the boxes necessary for a low maintenance, lucrative return. The well located home will appeal to short and long term tenants ensuring an attractive yield, while a contemporary makeover increases the potential for a higher overall value. Offering convenient level street access in a secure boutique complex of just 12, this walk-to-everywhere property is a stroll to Kings Cross Station, Rushcutters Bay Park, bus services and shops, surrounded by multiple eateries. - Well kept interiors provide scope for a modern open plan renovation - High ornate ceilings and picture rails reflect the building's heritage - Cosy kitchen well equipped with a gas stove, potential to expand - Oversized main bedroom plus well proportioned second bedroom - Updated full bathroom appointed with internal laundry facilities - Recently refurbished complex showcases impeccable common areas - Easy access to Sydney's eastern suburbs, city beaches and CBD

Features

2 bedrooms
1 bathroom
51 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Potts Point over the last 12 months, the estimated median property value of 3/38-40 Kings Cross Road is $1.72m.

Median value
$1.72m
Estimated value range
$915k - $3.9m
Median days on market
30
Estimated value trend
19%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Potts Point. 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 3/38-40 Kings Cross Road

2024
Rented
Undisclosed
Leased on 20 May 2024 by McGrath Surry Hills
2023
Rented
Undisclosed
Leased on 17 Sep 2023 by McGrath Surry Hills
2021
Rented
Undisclosed
Leased on 21 Oct 2021 by McGrath Surry Hills

Happy sellers in Potts Point

80%
80% of sellers in Potts Point reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 65 reviews in Potts Point over the last 12 months.

Local market activity for 2 bedroom apartments in Potts Point

In the last 12 months, 51 two-bedroom apartments similar to 3/38-40 Kings Cross Road, have been sold.

This represents a 13% increase in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Potts Point

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Angelo Bouras

Sellers who recommend Angelo Bouras have praised them for being local expert, clear communication, responsive, honest, reliable, supportive and dedicated

  •   5   (537 reviews)
  •  29 Reviews in Potts Point
  •  25 Sales in Potts Point
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Renee Cross

Sellers who recommend Renee Cross have praised them for being local expert, clear communication, responsive, honest, supportive, reliable and friendly

  •   5   (307 reviews)
  •  15 Reviews in Potts Point
  •  24 Sales in Potts Point
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Nickolas Voloshanskyi

Sellers who recommend Nickolas Voloshanskyi have praised them for being clear communication and local expert

  •   5   (29 reviews)
  •  7 Reviews in Potts Point
  •  2 Sales in Potts Point
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Shannon Cleary

Sellers who recommend Shannon Cleary have praised them for being local expert, clear communication, friendly, dedicated and enthusiastic

  •   5   (43 reviews)
  •  3 Reviews in Potts Point
  •  3 Sales in Potts Point
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