252 Johnston Street, Annandale, NSW 2038 | Property Value & History | OnTheHouse
OFF MARKET

252 Johnston Street
Annandale NSW 2038

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2893m2
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Property Details for 252 Johnston St, Annandale

Building Type
Commercial
Land Size
2893m2
Local Government
Inner West
Lot/Plan
1/DP612905

Last Listing description (November 2023)

Ray White Commercial are delighted to offer for sale this once in a generation Trophy Conversion opportunity in the heart of the city fringe located moments away from a variety of amenity and infrastructure.

The property benefits from:

Substantial, high-quality existing improvements across 2,977sqm* along with approved Development Approval in place for further expansion and additional level.

Former 83-room aged care facility featuring rooms with balconies, common areas and a commercial kitchen.
City views from upper floors
Flexible R1 Zoning allows for various uses including, seniors living, aged care, residential flat buildings, boarding houses, co-living, serviced apartments, shop top housing, hostels, hotels, student accommodation and health facilities. (STCA)

Located moments from Sydney University, Royal Prince Alfred Hospital, UTS, Tech Central, Sydney CBD, and some of the finest lifestyle amenities in Sydney. Enjoy the vibrant Annandale cafe culture, Tramsheds, Glebe foreshore parks, Broadway Shopping Centre, and King Street Newtown. Additionally, you'll be within close proximity to the Light Rail and the completion of the major tunnel network at Rozelle.

The property is offered for sale via Onsite Auction, Tuesday 27 June 2023 at 2:30pm.

For more information, please contact the below exclusive selling agents.

Property History for 252 Johnston St, Annandale, NSW 2038

A timeline of how this property has performed in the market
Last Sold
$18,980,500
27 Jun 2023
  • 27 Jun 2023
    Sold for $18,980,500
  • 19 May 2023
    Listed for Sale Onsite Auction
  • 21 Nov 2022
    Sold
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About Annandale 2038

The size of Annandale is approximately 1.5 square kilometres. There are 14 parks, covering nearly 7.0% of the total area. The population of Annandale in 2016 was 9451 people. By 2021 the population was 9487 showing a population growth of 0.4% in the area during that time. The predominant age group in Annandale is 30-39 years. Households in Annandale are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Annandale work in a professional occupation.In 2021, 56.40% of the homes in Annandale were owner-occupied compared with 54.30% in 2016.

Annandale has 5,310 properties. Over the last 5 years, Houses in Annandale have seen a 0.79% increase in median value, while Units have seen a 6.82% increase. As at 31 July 2026:

  • The median value for Houses in Annandale is $2,364,115 while the median value for Units is $1,051,691.
  • Houses have a median rent of $1,100 while Units have a median rent of $650.
There are currently 8 properties listed for sale, and 20 properties listed for rent in Annandale on OnTheHouse. According to Cotality's data, 179 properties were sold in the past 12 months in Annandale.

Suburb Insights for Annandale 2038

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.