161 First Avenue, Five Dock, NSW, 2046 - House Sold on 20 06 2026

SoldJun 20, 2026

161 First Avenue, Five Dock, NSW, 2046

Amount undisclosed

House

•

30+ days on the market

Sold: Jun 20, 2026

What's around 161 First Avenue

Sold by Sam Varrica 0430 506 002

Positioned within one of the Inner West's most tightly held and rapidly transforming precincts, this substantial freehold opportunity presents immediate holding income with clear long-term redevelopment potential (STCA), underpinned by the arrival of the Five Dock Metro and ongoing precinct densification. Occupying a prominent 411sqm parcel, the property is currently configured as a fully operational medical centre, providing an immediate income stream and a highly functional layout for continued commercial use, professional suites, or future conversion to residential accommodation (STCA). This is a strategic holding in a suburb where freehold land is increasingly scarce, and repositioning opportunities of this nature are tightly controlled by planning and availability. Just 400m from the future Five Dock Metro Station, the asset is exceptionally well placed to benefit from significant infrastructure-driven capital uplift, while maintaining strong interim utility. Key Investment Highlights: • 411sqm (approx.) freehold landholding in tightly held Inner West precinct • Existing medical centre configuration providing immediate income potential • Flexible use: medical, professional offices, or residential conversion (STCA) • Strong holding income while planning future repositioning • 400m (approx.) to future Five Dock Metro Station • Positioned within evolving mixed-use growth corridor • Close to village retail, cafés, parks, and waterfront reserves • High-demand location with limited freehold availability Opportunities of this calibre in Five Dock are rarely offered to market and are typically secured for long-term strategic holding. Private inspections and detailed information memorandum available on request.

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Seller's review

5 months ago

Verified Review

Gets Results! Professional, knowledgeable, always helpful and nothing is too difficult.

Selling in the current market is a challenge. Sam certainly stepped-up to this challenge. Sam's professional management of the sales process, purchasers and paperwork made the whole process easy and seamless. Sam also has excellent customer people skills, he is very personable and understanding and is truly a pleasure to deal with.

Mark

Seller