2 Ridge Street, North Sydney, NSW 2060 | Property Value & History | OnTheHouse
OFF MARKET

2 Ridge Street
North Sydney NSW 2060

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 368m2
Land area: 216m2
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Property Details for 2 Ridge St, North Sydney

Building Type
Commercial
Year Built
1900
Floor Size
368m2
Land Size
216m2
Local Government
North Sydney
Lot/Plan
100/DP1034902

Last Listing description (December 2016)

Late Victorian Terrace Zoned B4. Ideal opportunity to combine your residence and business under one roof to take advantage of generous taxation benefits. Talk to your accountant about combining your home and business under one roof.
Elegance and grace in abundance, North Sydneys Playfair House offers a lifestyle of envy for a family or professional business. A landmark heritage building, this three-storey late nineteenth century terrace stands tall in a neighbourhood steeped in history. Lofty ceilings, leadlight, bay verandas marble-framed fireplaces and dark timber floors are among the features that distinguish this property for its timeless period grandeur. Footsteps to West St cafes, St Leonards Park, City Metro (planned) and North Sydney CBD, it enjoys a stellar position and a sun-dappled leafy outlook. Zoned for mixed use, this magnificent terrace drinks in the local village atmosphere and offers endless commercial and residential possibilities. Architectural plans are drawn up for a north-facing extension that redevelops the existing carpark space.
Floor area & layout

Approx. 340 m across three levels with the land area being 216 m. The current fit out would suit a professional office or a mix of commercial and/or residential. With three downstairs entry points, including level rear lane access from the carpark, there is the possibility of multiple occupancy. The ground floor consists of a large glass fronted office/living/consulting room opening up to Ridge St, a second room overlooking West Street, two more rooms at the rear with direct carpark access and a kitchen, comms room and separate male/female toilets. The fit out for the first floor comprises four rooms and a bathroom with toilet and shower. Its south facing glass fronted entrance opens up to a gorgeous balcony and a backdrop of light dappled leaves. One more level up the polished timber staircase takes you to the top storey, three more rooms, a separate male and female toilet and faceted bay window views to both the north and south.
Features
Mixed use zoning
Four car spaces
Secure intercom entry
Rear lane access and entry
Generous storage options
Dual entrance (entrance off Ridge St, West St and carpark)
Immediate occupation
Air conditioning
Ducted skirting for housing power and data cabling
Flexible layout to suit home or office
Natural light and large windows throughout
Freehold c1885 terrace with original features like 11 foot ceilings, leadlight, bay verandas, marble-framed fireplaces, dark timber floors, ornate cornicing, curved polished wood staircase, faceted bay windows and timber door frames.
Front courtyard and leafy upper balcony
Location
Its desirable location is a mere stroll from cafes, St Leonards Park, North Sydney library and produce market, City/Chatswood buses and the proposed City Metro stop. The convenience of the North Sydney business district, as well as the restaurants and shops of Crows Nest are only a short walk away.
History
One-time Sydney Lord Mayor and prominent meat merchant, Thomas Playfair, built this home as his personal residence. His family let or occupied the neighbouring houses, but Playfair House (originally known as Delamere) was designed as the largest and most elaborate on the row.
For Sale/Lease
Available for sale, asking price $3m
Available for lease, $155k + GST
OPEN FOR INSPECTION - WEDNESDAY 10-11am or by appointment.

Property History for 2 Ridge St, North Sydney, NSW 2060

A timeline of how this property has performed in the market
Last Sold
$2,900,000
03 May 2016
Listed for Rent
04 May 2016
  • 03 May 2016
    Sold for $2,900,000
  • 03 Mar 2016
    Listed for Sale Not Disclosed
  • 03 Mar 2016
    Listed for Rent - Price not available
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About North Sydney 2060

The size of North Sydney is approximately 1.5 square kilometres. There are 21 parks, covering nearly 7.7% of the total area. The population of North Sydney in 2016 was 7705 people. By 2021 the population was 8964 showing a population growth of 16.3% in the area during that time. The predominant age group in North Sydney is 30-39 years. Households in North Sydney are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in North Sydney work in a professional occupation.In 2021, 36.30% of the homes in North Sydney were owner-occupied compared with 37.80% in 2016.

North Sydney has 8,175 properties. Over the last 5 years, Houses in North Sydney have seen a -7.39% decrease in median value, while Units have seen a -4.36% decrease. As at 31 July 2026:

  • The median value for Houses in North Sydney is $2,934,308 while the median value for Units is $1,194,423.
  • Houses have a median rent of $1,275 while Units have a median rent of $820.
There are currently 33 properties listed for sale, and 33 properties listed for rent in North sydney on OnTheHouse. According to Cotality's data, 335 properties were sold in the past 12 months in North sydney.

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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.