18/194 Pacific Hwy, Greenwich is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 2436m2 and floor size of 27m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Delivering a guaranteed return of $20,250 per annum with no vacancy or outgoings, this sundrenched first floor hotel studio is a solid performer within any property investment portfolio. Holding a long-term lease until July 2027 with 10 year renewal option, capitalise on both the financial security and central location of Hotel Urban.
Transformed by a designer renovation, the studio's interior has been appointed with sophisticated furniture choices and quality fixtures. Spanning 27sqm, a balcony delights in the natural beauty of local leafy vistas and is complemented by the neutral colour palette internally.
Boasting a 4.5 star rating, Hotel Urban is positioned for business and lifestyle. Footsteps to Royal North Shore Hospital and North Shore Private Hospital, there is express access into the city centre by passing bus transport.
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The size of Greenwich is approximately 1.6 square kilometres. There are 17 parks, covering nearly 20.3% of the total area. The population of Greenwich in 2016 was 5613 people. By 2021 the population was 5469 showing a population decline of 2.6% in the area during that time. The predominant age group in Greenwich is 40-49 years. Households in Greenwich are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Greenwich work in a professional occupation.In 2021, 64.90% of the homes in Greenwich were owner-occupied compared with 65.80% in 2016.
Greenwich has 2,843 properties. Over the last 5 years, Houses in Greenwich have seen a -14.33% decrease in median value, while Units have seen a 1.86% increase. As at 31 July 2026:
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