FOR SALE
Auction

1-9/4 Addison Street
Kensington NSW 2033

Bedrooms: 18
Bathrooms: 9
Car spaces: 10
Auction Time
Thu 17 Oct 6:00 pm
Inspection Times
No upcoming inspections scheduled.
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Price Guide $7m - Entire Block of 9 STRATA TITLE Apartments

Set on 692sqm of land in the heart of Kensington, this is an entire block of 9 strata title apartments. Consisting of all two bedrooms, internal laundries, lock up garages and oversized balconies, some with two balconies. Only metres from Kensington Light Rail directly into the CBD and moments to UNSW, NIDA, Prince of Wales Hospital and the Eastern Suburbs.
• Entire block of 9 strata title apartments, most with double balconies
• Only meters from Kensington Light Rail
• Set on 692sqm of land
• All apartments have high ceilings throughout and consist of 2 bedrooms
• Internal laundries, oversized balconies and under cover access to lock up garages
• Market rent circa $399,000pa
Ray White Double Bay - The Team of Professionals You Deserve
Our recommended loan broker https://broker.loanmarket.com.au/DOUBLE-BAY

Property Details for 1-9/4 Addison St, Kensington

1-9/4 Addison St, Kensington is a 18 bedroom, 9 bathroom BlockOfUnits with 10 parking spaces. The place is currently for sale with Ray White Double Bay.

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BlockOfUnits

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About Kensington 2033

The size of Kensington is approximately 2.7 square kilometres. It has 21 parks covering nearly 28.4% of total area. The population of Kensington in 2011 was 12,776 people. By 2016 the population was 14,993 showing a population growth of 17.4% in the area during that time. The predominant age group in Kensington is 20-29 years. Households in Kensington are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Kensington work in a professional occupation. In 2011, 45.2% of the homes in Kensington were owner-occupied compared with 38.9% in 2016.

Kensington has 6,066 properties. Over the last 5 years, Houses in Kensington have seen a 64.51% increase in median value, while Units have seen a 22.86% increase. As at 31 August 2024:

  • The median value for Houses in Kensington is $3,756,727 while the median value for Units is $1,058,364.
  • Houses have a median rent of $950 while Units have a median rent of $790.
There are currently 25 properties listed for sale, and 31 properties listed for rent in Kensington on OnTheHouse. According to CoreLogic's data, 196 properties were sold in the past 12 months in Kensington.

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Melanie Lahoud
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Breanna Skewes
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Ray White Double Bay
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.