Back 502/6 Ward Ave
Off Market

502/6 Ward Ave

Elizabeth Bay NSW 2011

1
1
Apartment
Last sold for $790,000
Ron DanieliRon Danieli, last sold this property on 01 March 2025 after 705 days on market.

Overview

**UNDER OFFER** PENTHOUSE 1 BEDROOM WITH 142SQM ROOF TERRACE ON TITLE

**UNDER OFFER**INSPECTION CANCELLED** Rare opportunity to secure a 1 bedroom strata penthouse in the sought after and updated Madison building. The apartment includes a massive 142 sqm rooftop with unlimited potential to develop or simply, dine, sunbath, exercise etc and affords uninterrupted eastern valley and district views. Featuring a spacious living/dining room with trendy LED lights, glass bricks, air conditioning and floating timber floors. Open plan updated Euro granite kitchen with breakfast bar and incorporated granite sideboard, good sized bedroom with air conditioning and built in and a modern over-sized tiled bathroom with bath. Opportunity to further develop and capitalise. Security building with lift. This one-of-a-kind property is steps from a vibrant array of cafes, bars and eateries. Short walk to trains, shops, parks and the harbour foreshore. Excellent investment or move straight in with nothing to spend. Opportunities like this are few and far between! Size: Total: 188 sqm, Internally 46 sqm, Terrace 142 sqm Strata Levies: $4002.08 per qtr approx Council Rates: $328.00 per qtr approx Water Rates: $173.00 per qtr approx Property Code: 1247

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Elizabeth Bay over the last 12 months, the estimated median property value of 502/6 Ward Ave is $887.5k.

Median value
$887.5k
Estimated value range
$497k - $1.65m
Median days on market
29
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Elizabeth Bay. 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 502/6 Ward Ave

2025
Sold
$790,000
Private Sale/Treaty on 01 Mar 2025 by Ron Danieli, of Ron Danieli Real Estate

Happy sellers in Elizabeth Bay

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

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

This is based on voluntary sentiment collected from 61 reviews in Elizabeth Bay over the last 12 months.

Local market activity for 1 bedroom apartments in Elizabeth Bay

In the last 12 months, 60 one-bedroom apartments similar to 502/6 Ward Ave, have been sold.

This represents a 21% increase in one-bedroom apartments sales when compared to the previous 12 months.

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