2/8A-8B Hughes StreetPotts Point NSW 2011
Property Details for 2/8a-8b Hughes St, Potts Point
Last Listing description (August 2014)
SOLD BY IAN CAMPBELL - 0412 225 993 & TRISTAN BASSEY - 0402 466 859
Commercial Retail Shop in the Ryebrook Building Rarely available in this price sector, this 47sqm strata shop is conveniently located between Macleay Street and Victoria Street in Potts Point. It is offered with vacant possession, and presents an opportunity to improve the property with a new fit-out. If you are seeking an affordable investment property, you could expect a wide number of potential retail neighbourhood shops including food and drink outlets to show interest in this type of premises. It features a wide glass shopfront, kitchen area and internal bathroom facilities. Alternatively, the property can be utilized for home occupations. These charming premises are part or a mixed retail and residential strata building originally built in the 1930's. Strata Levies: $591.45 per quarter Council Rates: $162.10 per quarter Water Rates: $173.42 per quarter
Property History for 2/8a-8b Hughes St, Potts Point, NSW 2011
- 14 Aug 2014Sold for $425,000
- 30 May 2014Listed for Sale COMMERCIAL - FOR SALE
- 23 Dec 1998Sold for $140,000
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0About 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.
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