194-196 Victoria StreetPotts Point NSW 2011
Property Details for 194-196 Victoria St, Potts Point
194-196 Victoria St, Potts Point is a 8 bedroom, 5 bathroom House with 5 parking spaces. The property has a land size of 271m2 and floor size of 819m2. While the property is not currently for sale or for rent, it was last sold in April 2015.
Last Listing description (March 2025)
BY APPOINTMENT - CONTACT Trish 0404893883
Please view our sale website https://www.194196victoriastreet.com.au/
This is a 273sqm* land area and 453sqm floor area, freehold building, mixed-use property with development upside in the heart of tightly held prestige street and suburb ? Victoria St, Potts Point. Close to cafes, eateries, amenities, and a few doors down from Kings Cross Train Station.
This property represents an extremely rare opportunity for purchasers seeking mixed-use re-development opportunities in Potts Point or those looking for a grand residential property with wide frontage and wide back access for car parking.
Property highlights:
? A large footprint / land area of 273sqm * (subject to survey) and floor area $453 sqm
? Current site: Ground floor retail 227sqm, Level-one 113sqm and Level-two 113 sqm, and 4 car spaces
? Tenanted investments: $346,920 per annum , over 4.5% return ($18k gst included)
? Frontage and rear lane access 11m wide
? Convenient rear lane access via Earl Street
? FSR of 1.5:1
? B4 Mixed Use Zoning
? 12m height limit
?. Neighbouring development demonstrates precedent of 16 units over 6 levels
? Limited mixed-use development opportunities in Potts Point
? An opportunity to capitalise an underutilised GFA
? Situated within one of Sydney's tightly held prestige suburbs ? Potts Point
? Opportunity to profit on strengthening residential boom
*approx.
* agent's interest
Property History for 194-196 Victoria St, Potts Point, NSW 2011
- 24 Mar 2024Listed for Sale $10,000,000
- 31 Mar 2022Listed for Sale $8,500,000
- 20 Apr 2020Listed for Rent - Price not available
Recent sales nearby
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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 7,232 properties. Over the last 5 years, Houses in Potts Point have seen a 70.58% increase in median value, while Units have seen a 5.07% increase. As at 31 January 2026:
- The median value for Houses in Potts Point is $3,703,279 while the median value for Units is $1,037,233.
- Houses have a median rent of $695 while Units have a median rent of $700.
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