189 Regent Street, Redfern, NSW 2016 | Property Value & History | OnTheHouse
 
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189 Regent Street
Redfern NSW 2016

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 108m2
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Property Details for 189 Regent St, Redfern

Building Type
Land
Land Size
108m2
Local Government
Sydney
Lot/Plan
12/DP1171792

Last Listing description (June 2023)

Service First Commercial is pleased to present a rare offering to acquire a freehold mixed used building in the heart of Redfern; 193 Regent St, Redfern.

The Premise comprises a total area of 167 sqm zoned for mixed use with both tenanted ground floor retail and three-bedroom residential above.

193 Regent St boasts a prime location in the bustling precinct of Redfern, with only a 4 minute walk to Redfern Train Station and a 3 minute walk to the upcoming Waterloo Metro Station. With the new Metro, and Waterloo Masterplan you can expect a transformation within Redfern and Waterloo in regards to infrastructure and development.

Gentrification has transformed the suburb of Redfern into a prestige area. It has been recording consistent growth for at least five years, and this trend looks to continue into the near future.

Opportunities like this don't come often. Book an inspection today with the exclusive agent Andre Pang.

Current Gross Income $118,690 p.a incl GST*
Current Net Rental Income $99,930.40 p.a incl GST

Key commercial features of this property include:
- Rare investment opportunity to own a mixed-use asset located in an in-demand area with a mixture of residential and commercial retail
- Strategic hold for huge upside potential once Waterloo Metro and Masterplan is effected
- Great opportunity to operate business with high foot traffic and vehicles passing every day
- Retail and Residential spaces currently tenanted with flexible conditions
- 3 bedroom apartment with private terrace area
- Surrounded by Redfern Train Station, Australian Technology Park, and new Waterloo Metro Station
- Further development/renovation potential to add value (STCA)
- To be sold as a going concern

For Sale via Auction 10:30AM 5th October 2021 (AEST)

INSPECT ONSITE BY PRIVATE APPOINTMENT

*figures are based on yearly incomes and are approximate

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Property History for 189 Regent St, Redfern, NSW 2016

A timeline of how this property has performed in the market
Last Sold
$220,000
18 Jan 1999
Listed for Rent
07 May 2021
  • 16 Aug 2021
    Listed for Sale For Sale - $2,800,000
  • 16 Mar 2021
    Listed for Rent - Price not available
  • 01 Apr 2019
    Sold
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About Redfern 2016

The size of Redfern is approximately 1.2 square kilometres. It has 21 parks covering nearly 8.1% of total area. The population of Redfern in 2016 was 13213 people. By 2021 the population was 13072 showing a population decline of 1.1% in the area during that time. The predominant age group in Redfern is 30-39 years. Households in Redfern are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Redfern work in a professional occupation.In 2021, 35.10% of the homes in Redfern were owner-occupied compared with 33.50% in 2016.

Redfern has 7,998 properties. Over the last 5 years, Houses in Redfern have seen a 43.59% increase in median value, while Units have seen a 33.36% increase. As at 31 December 2025:

  • The median value for Houses in Redfern is $2,203,849 while the median value for Units is $1,217,903.
  • Houses have a median rent of $950 while Units have a median rent of $825.
There are currently 13 properties listed for sale, and 38 properties listed for rent in Redfern on OnTheHouse. According to Cotality's data, 268 properties were sold in the past 12 months in Redfern.

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