19/194 Pacific Hwy, Greenwich is a 1 bedroom, 1 bathroom Unit with 1 parking spaces 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 April 2022.
A quality addition to any investment portfolio, this 27sqm first floor studio/hotel room with sunny balcony offers guaranteed rental and capital gains potential in this key location. Leased to Hotel Urban until July 2027 with 10-year lease renewal options, it's an ideal set-and-forget investment returning $20,250 per annum with no vacancy factor and all outgoings paid by the tenant apart from land tax. Lot 19 at 194 Pacific Highway, Greenwich is being marketed for sale through Raine & Horne HM Group for $339,000.
The boutique hotel has been designer renovated with quality finishes, sophisticated colour schemes, sleek fully-tiled bathroom, built-in wardrobe, ducted A/C and cable internet. Located on the sunny western side of the building, Room 108 is light and quiet with wide windows enjoying an attractive leafy bushland outlook. Hotel Urban is a 4.5 star hotel catering to a business client base, with a cafe and health food store on the ground floor, 24-hour reception, a well-equipped gym, putting green, lift and basement parking.
Ideally located for business and lifestyle, 194 Pacific Highway is metres to City buses and Royal North Shore hospital, around 10 minutes walk to St Leonards rail, shops, cafes and business, and with easy access to Chatswood, North Sydney, the City and airport.
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 2,842 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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