FOR SALE
AUCTION

2 Kennedy Street
Kingsford NSW 2032

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 982m2
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Auction Time
Wed 13 Nov 10:30 am
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Unit Block / Development Site^ / 3 Street Frontages

Ray White Commercial (SC) is pleased to present a truly unique development opportunity at 2 Kennedy Street, Kingsford, just steps from UNSW. This rare offering provides a multitude of re-development options for investors, developers and owner occupiers. The property will be offered for sale via Public Auction.
This site is offered to the market for the first time in 70 years.
This asset features a substantial 982 sqm* landholding with three street frontages. The existing improvements include a block of four apartments, currently divided into a large 3-bedroom apartment, two spacious 2-bedroom apartments, and a studio apartment, offering solid holding income potential.
Located in Kingsford, part of Sydney's exclusive eastern suburbs, and only 7 kilometres* from the Sydney CBD, the property is positioned within a key growth corridor offering excellent access to major employment hubs, educational institutions like University of New South Wales (UNSW), and leading medical facilities such as Prince of Wales Hospital.
Additional highlights of the asset include:
• Land area - 982 sqm*
• Three street frontages
• Offered for the first time in 70 years
• Currently configured as 4 separate rental opportunities
• Zoned: R2
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Property Details for 2 Kennedy St, Kingsford

Building Type
Commercial
Land Size
982m2

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About Kingsford 2032

The size of Kingsford is approximately 2 square kilometres. It has 9 parks covering nearly 0.5% of total area. The population of Kingsford in 2011 was 14,100 people. By 2016 the population was 15,474 showing a population growth of 9.7% in the area during that time. The predominant age group in Kingsford is 20-29 years. Households in Kingsford are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Kingsford work in a professional occupation. In 2011, 49.2% of the homes in Kingsford were owner-occupied compared with 43% in 2016.

Kingsford has 6,839 properties. Over the last 5 years, Houses in Kingsford have seen a 48.59% increase in median value, while Units have seen a 18.59% increase. As at 30 September 2024:

  • The median value for Houses in Kingsford is $2,712,731 while the median value for Units is $979,961.
  • Houses have a median rent of $1,000 while Units have a median rent of $750.
There are currently 26 properties listed for sale, and 44 properties listed for rent in Kingsford on OnTheHouse. According to CoreLogic's data, 245 properties were sold in the past 12 months in Kingsford.

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Samuel Hadgelias
Henry Robertson
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RWC SC
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