152 Boundary Street, Paddington, NSW 2021 | Property Value & History | OnTheHouse
OFF MARKET

152 Boundary Street
Paddington NSW 2021

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 125m2
Land area: 240m2
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Property Details for 152 Boundary St, Paddington

Building Type
Commercial
Floor Size
125m2
Land Size
240m2
Local Government
Woollahra
Lot/Plan
1/DP90960

Last Listing description (November 2023)

I.B Property is pleased to present a truly exceptional opportunity at 152 Boundary Street, Paddington.

Nestled in the vibrant heart of Paddington, this unique property stands as a robust freehold asset within the suburb's expanding enclave. Beyond its present value, this property holds potential for future development, making it an appealing prospect for a diverse range of investors. The first level features a 1-bedroom, 1-bathroom warehouse-style apartment, distinguished by its soaring ceiling heights and abundant natural light pouring through large faade windows.

This asset opens up numerous avenues for the discerning purchaser, whether you're an astute long-term investor, a forward-thinking developer, or someone with a vision to transform the property into a residential gem.

Key Highlights:

Annual net income of $184,800 + GST (exclusive to the mechanic workshop)
Projected net income of $221,000* per annum.
Additional 1-bedroom apartment on level 1 (Vacant)
240sqm* Land Area with an approximate 320sqm* net lettable area
Exceptional visibility and exposure, with potential for future residential warehouse conversion development (STCA)
Conveniently located just moments away from Paddington's finest dining establishments and boutique fashion outlets.
Situated opposite the renowned St Vincent's Private hospital

*approx.

Join us in anticipation as I.B Property proudly presents 152 Boundary Street, Paddington for Sale through a Public Auction scheduled for Saturday, November 11th at 9:45am on-site.

Property History for 152 Boundary St, Paddington, NSW 2021

A timeline of how this property has performed in the market
Last Sold
$1,330,000
21 May 2007
  • 09 Oct 2023
    Listed for Sale $5,500,000
  • 21 May 2007
    Sold for $1,330,000
  • 12 Jan 1999
    Sold for $653,080
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About Paddington 2021

The size of Paddington is approximately 1.6 square kilometres. It has 28 parks covering nearly 12.1% of 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 7,668 properties. Over the last 5 years, Houses in Paddington have seen a 42.88% increase in median value, while Units have seen a 6.00% increase. As at 31 December 2025:

  • The median value for Houses in Paddington is $3,782,229 while the median value for Units is $1,047,978.
  • Houses have a median rent of $1,350 while Units have a median rent of $708.
There are currently 17 properties listed for sale, and 16 properties listed for rent in Paddington on OnTheHouse. According to Cotality's data, 358 properties were sold in the past 12 months in Paddington.

Suburb Insights for Paddington 2021

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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.