FOR SALE
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1 Macdonald Street
Paddington NSW 2021

Bedrooms: 4
Bathrooms: 4
Car spaces: -
Land area: 164m2
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Prized Corner Terrace With Unique Investment Opportunity

Occupying an impressive corner, and sitting on a wide street frontage, this property has been split up into 4 self-contained apartments and presents a unique investment opportunity, or the ability to convert back into one large residence (STCA). Tastefully updated, this property has retained much of its original charm as well as a sunny, oversized deck perfect for entertaining. Conveniently located on the cusp of Paddington and Darlinghurst and just a short stroll to Five Ways and Oxford Street.
Features include:
- Unique investment opportunity to rent 4 one bedroom apartments
- Potential to be converted into one primary residence (STCA)
- Modern kitchen boasts electric cooktop and stainless steel appliances
- Master bedroom with leafy views and north facing balcony
- Timber floors, updated interiors, large balcony with district views
- Moments to local schools, city buses, village shops and eateries
In conjunction with Mitch Dansey Dijones

Property Details for 1 Macdonald St, Paddington

1 Macdonald St, Paddington is a 4 bedroom, 4 bathroom House. The property has a land size of 164m2. The place is currently for sale with LJ Hooker Double Bay.

Building Type
House
Land Size
164m2

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About Paddington 2021

The size of Paddington is approximately 1.6 square kilometres. It has 28 parks covering nearly 12.1% of total area. The population of Paddington in 2011 was 12,135 people. By 2016 the population was 12,889 showing a population growth of 6.2% in the area during that time. The predominant age group in Paddington is 30-39 years. Households in Paddington are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Paddington work in a professional occupation. In 2011, 51.1% of the homes in Paddington were owner-occupied compared with 51.5% in 2016.

Paddington has 7,606 properties. Over the last 5 years, Houses in Paddington have seen a 46.37% increase in median value, while Units have seen a 23.43% increase. As at 30 September 2024:

  • The median value for Houses in Paddington is $3,417,735 while the median value for Units is $1,196,699.
  • Houses have a median rent of $1,350 while Units have a median rent of $700.
There are currently 33 properties listed for sale, and 38 properties listed for rent in Paddington on OnTheHouse. According to CoreLogic's data, 334 properties were sold in the past 12 months in Paddington.

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Lj Hooker Double Bay
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