2-4 Sir John Young CrescentWoolloomooloo NSW 2011
Property Details for 2-4 Sir John Young Cres, Woolloomooloo
Last Listing description (November 2025)
Ray White Commercial (SC) is pleased to present 'The Merryfield' 2-4 Sir John Young Crescent, Woolloomooloo, offered for sale.
This iconic three-storey building, formerly known as the Merryfield Hotel and later home to the John Passmore Museum, represents a rare opportunity to secure a commanding freehold asset in one of Sydney's most tightly held fringe locations. Meticulously maintained and offered as a deceased estate, this asset presents significant value-add potential through repositioning, conversion or redevelopment (STCA).
Prominently positioned at the convergence of Woolloomooloo, Potts Point, and Sydney CBD, the property enjoys exceptional exposure and connectivity. Located moments from some of Sydney's most iconic destinations, including Art Gallery of NSW, Hyde Park, Domain, Royal Botanic Gardens the Finger Wharf dining precinct, and major transport links, this is a truly once-in-a-generation opportunity for visionary investors, developers or owner-occupiers to secure a landmark site in a blue-chip city-fringe setting.
Key highlights of the asset include:
• Landmark three-storey building comprising 696sqm* of GLA
• Prominent 238sqm* corner site with dual street frontages
• Rare secure on-site parking for 2-3 vehicles via lock up garage
• Generous internal spaces with potential for bespoke reconfiguration
• Previously strata-titled property (infrastructure still intact)
• Flexible MU1 Mixed Use zoning - ideal for conversion into a boutique hotel, high-end residential, mixed-use commercial, or creative arts space (STCA)
• Unrivalled exposure to 250,000+ passing vehicles daily
• Upper level harbour glimpses and CBD skyline views
• Moments from Sydney CBD, Finger Wharf, Domain, Hyde Park and major transport links
2-4 Sir John Young Crescent, Woolloomooloo is offered for sale.
For further information, please contact the exclusive selling team below.
*Approximately
Property History for 2-4 Sir John Young Cres, Woolloomooloo, NSW 2011
- 07 Nov 2025Sold
- 23 Jul 2025Listed for Sale FOR SALE (Price Guide $3.8m)
- 25 Oct 2001Sold for $1,100,000
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0About Woolloomooloo 2011
The size of Woolloomooloo is approximately 0.4 square kilometres. It has 9 parks covering nearly 4.6% of total area. The population of Woolloomooloo in 2016 was 4011 people. By 2021 the population was 3792 showing a population decline of 5.5% in the area during that time. The predominant age group in Woolloomooloo is 30-39 years. Households in Woolloomooloo are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Woolloomooloo work in a professional occupation.In 2021, 27.00% of the homes in Woolloomooloo were owner-occupied compared with 25.90% in 2016.
Woolloomooloo has 4,188 properties. Over the last 5 years, Houses in Woolloomooloo have seen a 49.94% increase in median value, while Units have seen a 0.85% increase. As at 31 December 2025:
- The median value for Houses in Woolloomooloo is $2,886,955 while the median value for Units is $1,187,837.
- Houses have a median rent of $920 while Units have a median rent of $800.
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