178 Jersey Road, Paddington, NSW 2021 | Commercial for sale | OnTheHouse
 
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178 Jersey Road
Paddington NSW 2021

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 109m2
Land area: 151.7m2
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Prominent Corner Freehold with Established Commercial Use & Future Upside

Occupying a high-exposure corner position on Jersey Road, this tightly held asset presents a rare opportunity to secure a landmark property on the fringe of Paddington and neighbouring Woollahra-one of Sydney's most affluent and tightly held precincts.
Currently zoned Low Density Residential, the property benefits from a long-standing change of use, having operated successfully as a boutique retail/showroom for over 18 years. This offers immediate income or owner-occupier potential, with future scope to reposition, enhance or redevelop (STCA).
Set on a highly visible dual-frontage site, the property provides exceptional exposure and versatility, ideal for commercial, creative, or mixed-use applications.
Key Features:
• High-profile corner position with dual street frontage (approx. 11.35m to Jersey Road and approx. 21.03m to Hargrave Street)
• Currently tenanted
• Flexible two-level layout with natural light throughout
• Ground Floor: Open-plan showroom, meeting room, kitchen, powder room, private courtyard and a double lock-up garage
• First Floor: Expansive open workspace, separate office/storage and a powder room
• Valuable rear access and on-site parking - a rare asset in this precinct
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Property Details for 178 Jersey Rd, Paddington

Building Type
Commercial
Floor Size
109m2
Land Size
151.7m2
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About Paddington 2021

The size of Paddington is approximately 1.6 square kilometres. There are 28 parks, covering nearly 12.1% of the total area. The population of Paddington in 2016 was 12911 people. By 2021 the population was 12701 showing a population decline of 1.6% in the area during that time. The predominant age group in Paddington is 30-39 years. Households in Paddington are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Paddington work in a professional occupation.In 2021, 52.60% of the homes in Paddington were owner-occupied compared with 51.50% in 2016.

Paddington has 7,696 properties. Over the last 5 years, Houses in Paddington have seen a 5.77% increase in median value, while Units have seen a -9.06% decrease. As at 31 July 2026:

  • The median value for Houses in Paddington is $3,504,677 while the median value for Units is $1,120,110.
  • Houses have a median rent of $1,500 while Units have a median rent of $745.
There are currently 19 properties listed for sale, and 33 properties listed for rent in Paddington on OnTheHouse. According to Cotality's data, 345 properties were sold in the past 12 months in Paddington.

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Nina Sokolov
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Raine & Horne Avalon Palm Beach
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