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512/70 Macdonald Street
Erskineville NSW 2043

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Stylish contemporary living in highly regarded ERKO complex

Set on the 5th floor of the highly regarded ERKO complex, this spacious one-bedroom apartment delivers an outstanding opportunity for owner-occupiers and investors within a popular village community. Sleek and stylish with premium quality finishes, it reveals a spacious combined living/dining area with floor-to-ceiling glass doors opening to an undercover sunlit balcony. There is a modern stone kitchen with Smeg gas appliances, while the bedroom is well-sized and appointed with a mirrored built-in wardrobe. Further highlights include a chic fully-tiled bathroom, an internal laundry, ducted air conditioning and plentiful internal storage. The residence is currently leased until April 2025 and with a significant rental return of $720 per week. With convenient level lift access, it is located a five-minute walk to Erskineville Station, village shops and cafés, while minutes to Sydney Park, Newtown's vibrant King Street and boasting rapid access to the CBD.
• Sleek contemporary design with open living/dining
• Modern stone kitchen, Smeg gas cooktop, dishwasher
• Sliding glass doors open to covered sunlit balcony
• Well-proportioned bedroom appointed with built-in robe
• Fully-tiled bathroom, internal laundry, plentiful storage
• Ducted air conditioning, carpeted throughout
• Excellent investment opportunity in ultra-central locale
• Leased till April 2025, return of $720 per week
• Well-maintained security building with level lift access
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Property Details for 512/70 Macdonald St, Erskineville

512/70 Macdonald St, Erskineville is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Ray White Touma Group.

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Apartment

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About Erskineville 2043

The size of Erskineville is approximately 0.8 square kilometres. It has 11 parks covering nearly 9.5% of total area. The population of Erskineville in 2011 was 6,847 people. By 2016 the population was 8,021 showing a population growth of 17.1% in the area during that time. The predominant age group in Erskineville is 30-39 years. Households in Erskineville are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Erskineville work in a professional occupation. In 2011, 47% of the homes in Erskineville were owner-occupied compared with 47.1% in 2016.

Erskineville has 6,180 properties. Over the last 5 years, Houses in Erskineville have seen a 44.42% increase in median value, while Units have seen a 21.03% increase. As at 30 September 2024:

  • The median value for Houses in Erskineville is $1,918,601 while the median value for Units is $1,055,256.
  • Houses have a median rent of $900 while Units have a median rent of $800.
There are currently 38 properties listed for sale, and 24 properties listed for rent in Erskineville on OnTheHouse. According to CoreLogic's data, 283 properties were sold in the past 12 months in Erskineville.

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Sam Radal
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Ray White Touma Group
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