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1-7/40 City Road, Chippendale, NSW 2008, 11 Bedrooms, 7 Bathrooms, Unit
Sat Jan 18 11:30-12:15

Auction20/02, Thursday 18:00

1-7/40 City Road, Chippendale, NSW 2008

11
7
UnitListed on Sun Dec 22
Estimated priceSydney CBD

Chippendale 11 Bedroom A Superb Victorian Building with 7 Residences

Only moments from Broadway, UTS, Sydney Uni, Glebe and Newtown, is this grand and unique investment opportunity overlooking Victoria Park. Well appointed throughout, this majestic building offers accommodation over 4 levels and consists of 3 x studios, 2 x 1brs, 1 x 2br and 1 x 4br. The location simply doesn't get much better than this. Generating a strong passive income with ample scope to increase through market reviews or through short term rentals.

? A magnificent and imposing building with stunning wide entrance hall

? Prized position, seconds to the CBD

? A registered boarding house currently operating on longer term leases as a passive investment

? All apartments are self contained

? Sun-drenched rear communal courtyard

? Currently returning $187,460 per annum with scope to increase

Ray White Double Bay - Exceptional Living Begins Here

Our recommended loan broker https://broker.loanmarket.com.au/DOUBLE-BAY

Location

Auction

Feb20
Thursday07:00

Open homes

Jan18
Saturday00:30 - 01:15
Jan23
Thursday00:30 - 01:15
Jan25
Saturday00:30 - 01:15
Jan30
Thursday00:30 - 01:15
Feb01
Saturday00:30 - 01:15
Feb06
Thursday00:30 - 01:15
Feb08
Saturday00:30 - 01:15
Feb13
Thursday00:30 - 01:15
Feb15
Saturday00:30 - 01:15
Feb20
Thursday00:30 - 01:15

Estimate

Council Data

Planning ZoneMixed Use
Key SitesNo
Future Residential Growth AreaNo
Active Street FrontagesNo
Urban Release AreaNo
Obstacle LimitationNo
Floor Space Ratio1.5
Height of Building12 m
Flood ZoneNo
Sulfate SoilsNo
BushfireNo
Landslide RiskNo
HeritageNo
State Significant Dev SitesNo

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Newtown North Public School
1.06 km
Primary
K-6
Government
icsea: 1140
Inner Sydney High School
1.11 km
Secondary
7-12
Government
icsea: 1113
Alexandria Park Community School
1.58 km
Combined
K-12
Government
icsea: 1033

Property history

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Chippendale surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
52/11-21 Rose Street, Chippendale
0.08 km
2
1
88m2
Year 2024 Month 11 Day 19
-
Council approved
16/11-21 Rose Street, Chippendale
0.09 km
1
1
70m2
Year 2024 Month 11 Day 14
-
Council approved
26/11-21 Rose Street, Chippendale
0.07 km
2
1
-m2
Year 2024 Month 09 Day 26
$965,000
Council approved
26 ROSE ST, Chippendale
0.08 km
4
1
-m2
Year 2024 Month 09 Day 23
$1,870,000
Council approved
14/11-21 Rose Street, Chippendale
0.07 km
2
1
104m2
Year 2024 Month 09 Day 09
$1,060,000
Council approved

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Ref:3218174Last update:2024-12-23 04:01:52