Presenting a wealth of opportunities, this vast warehouse style building on 752sqm offers outstanding commercial options, scope for redevelopment (STCA), or potential to create an exceptional residence, or multi residential development.
Set on a corner block in vibrant Paddington, the building is moments to Edgecliff transport hub, Rushcutters Bay, and the CBD.
- Northern aspect, three street frontages, rear lane access to loading dock
- Exceptional potential as whole building or two full floor head quarters
- Potential for creative industries, advertising/media and design studios
- Ideal for medical providers, moments to St Vincent's Precinct
- Possible conversion to multi-residences or single grand residence (STCA)
- Exciting opportunity for set up of co-working business spaces
- Possible substantial building additions over car park (STCA)
The size of Paddington is approximately 1.6 square kilometres. There are 28 parks, covering nearly 12.1% of the 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 7,686 properties. Over the last 5 years, Houses in Paddington have seen a 14.18% increase in median value, while Units have seen a -7.57% decrease. As at 31 May 2026:
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