Auction Location: On site
A rare & iconic corner investment in Paddington: this well-maintained block of 12 apartments (10 × 1-bedroom and 2 × 2-bedroom) has been in the same family's ownership for more than 60 years. On a prized corner at 57 Regent Street, the 655sqm+ strata-titled holding offers scale and flexibility for long-term investment. With attractive rental yields, there is potential upside with strategic refurbishment or potential redevelopment (STCA)*. Positioned three kilometres from the CBD, with laneway and lifestyle amenity on the doorstep, this property captures Paddington's charm character and inner-east vibrancy.
Highlights
* Family-owned for more than 60 years
* Block of 12 in key Paddington location
* 10 x 1-bed units plus 2 x 2-bed units
* Strata titled, potential to sell down or refurbish
* Potential to redevelop or reposition (STCA)
* Inner Sydney locale of proven demand
* Multi options for long-term growth/upside
* Steps to Allianz Stadium, SCG, Fox Studios
* Commanding corner site w/ R1 Zoning
* Fully leased market income: approx. $442,000 pa
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