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

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 15m2
Land area: 1530m2
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Property Details for 24-30 Springfield Ave, Potts Point

Building Type
Commercial
Floor Size
15m2
Land Size
1530m2
Local Government
Sydney
Lot/Plan
CP/SP83116

Last Listing description (October 2024)

Discover a premium investment opportunity in Potts Point with the sale of G11 at 24-30 Springfield Ave. This property, currently leased to the well-loved Pizza Boccone restaurant, blends a vibrant location with a stable income, ideal for savvy investors looking to capitalize on Potts Point's dynamic commercial market.

Key Features:

+ Located in the lively Llankelly Place, this property is at the heart of one of Sydney's most culturally rich and bustling neighborhoods, renowned for its nightlife and dining scenes.

+ Enjoy a secure passing income of approximately $48,000 per annum from a reputable and well-established tenant.
+ The space includes approximately 54m of indoor area plus an exclusive use of approximately 33sqm used for outdoor dining.
+ Just moments from Kings Cross Station, the Eastern Distributor, and Cross City Tunnel.
+ CBD Access: Merely a 2-minute train ride to the Sydney CBD.
+ The additional benefit of dedicated onsite parking in the ever-growing Potts Point enclave.

This investment not only offers immediate financial returns but is also poised for significant capital appreciation due to its location. It represents a turnkey solution for investors seeking to expand their portfolio with a high-quality asset in a sought-after Eastern Suburbs location. Don't miss out on this rare opportunity to invest in the heart of Potts Point's thriving commercial and cultural hub.

For more information, or to arrange a private inspection contact Jake Fahd on 0419 951 324

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

A timeline of how this property has performed in the market
Last Sold
$10,200,000
25 Aug 2006
Listed for Rent
$15k/w
08 Aug 2023
  • 22 Aug 2024
    Listed for Sale Price on application
  • 27 Jul 2018
    Listed for Rent - Price not available
  • 13 Oct 2017
    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 7,227 properties. Over the last 5 years, Houses in Potts Point have seen a -5.22% decrease in median value, while Units have seen a 1.18% increase. As at 31 March 2026:

  • The median value for Houses in Potts Point is $3,314,352 while the median value for Units is $1,017,150.
  • Houses have a median rent of $750 while Units have a median rent of $700.
There are currently 25 properties listed for sale, and 35 properties listed for rent in Potts point on OnTheHouse. According to Cotality's data, 310 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.

Disclaimer
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