Back 47 Bent Street
Off Market

47 Bent Street

Paddington NSW 2021

15
15
5
538 m²
Block of units
Last sold for $8,250,000
Shannan WhitneyShannan Whitney, last sold this property on 28 March 2024 after -13 days on market.

Overview

An entire block of 15 studios, sold off-market

A entire block of 15 studio apartments on a single title on an impressive land holding in south Paddington. On an elevated corner position fronting Bent Street, Leinster Street and Regent Lane, the land comprises of 3 lots, presenting a rare multi-dwelling investment/development opportunity in a tightly held neighbourhood. Sold off-market via BresicWhitney's network. Highlights * Sold off-market via BresicWhitney * Three-level building built in 1970s * Large land size: 3 lots totalling 540sqm * Rare 3 street frontages with car access * Zoned R1 FSR 1.25-1. Development upside * Current passing income $280k per year * Elevated corner position, north aspect * City and district views from the top floor * Redevelopment multi-house opportunity * Improve income performance with upgrades

Features

15 bedrooms
15 bathrooms
5 carspaces
538 m² lot size
Block of units

Estimated Value

We need at least 3 similar 15 bedroom block of units sold in Paddington over the last 12 months.

Property history for 47 Bent Street

2024
Sold
$8,250,000
Private Sale/Treaty on 28 Mar 2024 by Shannan Whitney, of BresicWhitney East

Happy sellers in Paddington

77%
77% of sellers in Paddington reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 38 reviews in Paddington over the last 12 months.

Local market activity for 15 bedroom block of units in Paddington

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