203/59 Great Buckingham StreetRedfern NSW 2016
Property Details for 203/59 Great Buckingham St, Redfern
Last Listing description (September 2023)
Ray White Commercial (SC) is pleased to present to the market this boutique creative office space in the heart of Redfern, one of Sydney's most sought-after city fringe suburbs. Currently tenanted by a non-profit organisation, this property is offered for sale as a going concern via Auction on Tuesday, 29th August 2023.
Located within walking distance to Redfern and Central Stations, this property offers unparalleled convenience and connectivity. The internal layout features an open rectangular space providing a blank canvas for future reconfiguration to suit various business needs.
Redfern has evolved into a thriving, eclectic, and creative hub, drawing on its proximity to major employment clusters like the University of Sydney, Royal Prince Alfred Hospital, and South Eveleigh (formerly Australian Technology Park), which have contributed to a revitalisation of the region over the years.
Additional highlights of the asset include:
Floor area - 60 sqm*
Current rental income of $24,000 + GST per annum*
180 m* to Redfern Park
900 m* to Redfern Station
1.1 km* to Central Station
2 km* to Sydney CBD
The property is offered for sale via Auction on Tuesday, 29th August 2023 at 10:30am (AEST). The Auction will be held at AuctionWorks, Mezzanine Level, 50 Margaret Street, Sydney.
For further information, please contact the exclusive selling agents below.
* Approximately
Property History for 203/59 Great Buckingham St, Redfern, NSW 2016
- 06 Sep 2023Sold for $260,000
- 01 Aug 2023Listed for Sale AUCTION
- 18 Sep 2018Listed for Rent - Price not available
Recent sales nearby
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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 8,000 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.
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