15 Springfield Avenue, Potts Point, NSW 2011 | Property Value & History | OnTheHouse
 
OFF MARKET

15 Springfield Avenue
Potts Point NSW 2011

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 22m2
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Property Details for 15 Springfield Ave, Potts Point

Building Type
Commercial
Year Built
1930
Floor Size
22m2
Local Government
Sydney

Last Listing description (September 2023)

CBRE Hotels is proud to exclusively present for sale Sydney Potts Point Central Apartment Hotel - an in-one-line strata-titled Eastern suburbs hotel available with vacant possession.

The 4-star hotel comprises 70 serviced apartments at an average of 23 square metres, a ground floor food & beverage outlet and a rooftop public amenity offering expansive views of Sydney's CBD.


Noting the vacant possession nature of management and strata-titled structure of the rooms, an incoming purchaser has the immediate ability to reposition into one of Sydney's leading boutique hotel operations, or alternatively take advantage of the booming residential rental market.

The Property offers a superb location surrounded by some of Australia's leading retail and dining options, as well as connectivity to greater Sydney from Kings Cross Train Station located just 130 metres away.

Investment Highlights:
- Excellent Connectivity to Sydney & Beyond
- Vacant Possession
- Strata Titled Offering Available In-One-Line
- Reposition into One of Sydney's Boutique Hotels
- Surging Residential Rental Market
- Within Steps to World-Class Dining & Retail

For sale via expressions of interest closing Thursday, 13 July at 12:00pm (AEST). For more information, please contact the exclusive agents.

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Property History for 15 Springfield Ave, Potts Point, NSW 2011

A timeline of how this property has performed in the market
Listed for Rent
$958/w
01 Mar 2023
  • 15 Jun 2023
    Listed for Sale For sale via expression of interest
  • 07 Apr 2020
    Listed for Sale POA
  • 07 Apr 2020
    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 42 properties listed for rent in Potts point on OnTheHouse. According to Cotality's data, 308 properties were sold in the past 12 months in Potts point.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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