1/24-30 Springfield Avenue, Potts Point, NSW 2011 | Property Value & History | OnTheHouse
OFF MARKET

1/24-30 Springfield Avenue
Potts Point NSW 2011

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 51m2
Land area: 1528m2
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Property Details for 1/24-30 Springfield Ave, Potts Point

Building Type
Commercial
Floor Size
51m2
Land Size
1528m2
Local Government
Sydney
Lot/Plan
46/SP83116

Last Listing description (August 2023)

CBRE as exclusive sales agent is pleased to present 1/24-30 Springfield Avenue, Potts Point. The offering represents a secure office investment with parking leased to Harris Farm Markets in the bustling commercial centre and prestigious harbourside locality of Potts Point.

1/24-30 Springfield Avenue, Potts Point benefits from following key attributes:


-Secure modern office investment in prestigious Potts Point
-Leased by bluechip tenant and proven grocery operator Harris Farm Markets on a recently renewed 5-year lease
-Secure passing annual net income of $40,224 p.a.*
-Modern well presented office space with 2 meetings rooms, suspended ceilings and great natural light
-Includes a secure basement carpark
-Positioned for absolute convenience only 200m* to Kings Cross Station in the heart of Potts Point amongst the areas extensive cafes, restaurant's and boutique retail stores

1/24-30 Springfield Avenue, Potts Point will be sold via private treaty with a price guide of $670,000 - 6% Net Yield

For more information or to arrange an inspection, please contact the exclusive listing agents

Property History for 1/24-30 Springfield Ave, Potts Point, NSW 2011

A timeline of how this property has performed in the market
Last Sold
$615,000
25 Aug 2023
Listed for Rent
22 Aug 2019
  • 25 Aug 2023
    Sold for $615,000
  • 01 May 2023
    Listed for Sale Contact Agent
  • 22 Aug 2019
    Listed for Rent - Price not available
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About Potts Point 2011

The size of Potts Point is approximately 0.6 square kilometres. It has 3 parks covering nearly 2.5% of total area. The population of Potts Point in 2016 was 9423 people. By 2021 the population was 7183 showing a population decline of 23.8% in the area during that time. The predominant age group in Potts Point is 30-39 years. Households in Potts Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Potts Point work in a professional occupation.In 2021, 33.20% of the homes in Potts Point were owner-occupied compared with 31.30% in 2016.

Potts Point has 7,234 properties. Over the last 5 years, Houses in Potts Point have seen a 66.90% increase in median value, while Units have seen a 1.77% increase. As at 31 December 2025:

  • The median value for Houses in Potts Point is $4,024,367 while the median value for Units is $1,035,092.
  • Houses have a median rent of $690 while Units have a median rent of $695.
There are currently 16 properties listed for sale, and 43 properties listed for rent in Potts point on OnTheHouse. According to Cotality's data, 306 properties were sold in the past 12 months in Potts point.

Suburb Insights for Potts Point 2011

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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.