Back 512/70 Macdonald Street
Off Market

512/70 Macdonald Street

Erskineville NSW 2043

1
1
Apartment
Sam RadalSam Radal, last sold this property on 31 October 2024 after 16 days on market.

Overview

Stylish contemporary living in highly regarded ERKO complex

Set on the 5th floor of the highly regarded ERKO complex, this spacious one-bedroom apartment delivers an outstanding opportunity for owner-occupiers and investors within a popular village community. Sleek and stylish with premium quality finishes, it reveals a spacious combined living/dining area with floor-to-ceiling glass doors opening to an undercover sunlit balcony. There is a modern stone kitchen with Smeg gas appliances, while the bedroom is well-sized and appointed with a mirrored built-in wardrobe. Further highlights include a chic fully-tiled bathroom, an internal laundry, ducted air conditioning and plentiful internal storage. The residence is currently leased until April 2025 and with a significant rental return of $720 per week. With convenient level lift access, it is located a five-minute walk to Erskineville Station, village shops and cafés, while minutes to Sydney Park, Newtown's vibrant King Street and boasting rapid access to the CBD. • Sleek contemporary design with open living/dining • Modern stone kitchen, Smeg gas cooktop, dishwasher • Sliding glass doors open to covered sunlit balcony • Well-proportioned bedroom appointed with built-in robe • Fully-tiled bathroom, internal laundry, plentiful storage • Ducted air conditioning, carpeted throughout • Excellent investment opportunity in ultra-central locale • Leased till April 2025, return of $720 per week • Well-maintained security building with level lift access • 5-min walk to Erskineville Station, shops, cafés • 10-minute walk to Sydney Park, Erskinevile Oval • Easy access to Newtown's King Street and the CBD Apartment 54sqm Storage 2sqm Strata $1,107pq approx. Water $180pq approx. Council $308pq approx.

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Erskineville over the last 12 months, the estimated median property value of 512/70 Macdonald Street is $785k.

Median value
$785k
Estimated value range
$1 - $1.06m
Median days on market
24
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Erskineville. 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 512/70 Macdonald Street

2024
Sold
Undisclosed
31 Oct 2024 by Sam Radal, of Ray White Touma Taylor | Redfern
2024
Rented
Undisclosed
Leased on 27 Mar 2024 by Ray White Touma Taylor | Redfern
2016
Sold
$660,000
25 Feb 2016 by Diana Clark, of Clark Estate Agents

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 70 reviews in Erskineville over the last 12 months.

Local market activity for 1 bedroom apartments in Erskineville

In the last 12 months, 58 one-bedroom apartments similar to 512/70 Macdonald Street, have been sold.

This represents a 20% increase in one-bedroom apartments sales when compared to the previous 12 months.

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