FOR SALE
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18-20 Oxford Street
Paddington NSW 2021

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 196m2
Land area: 152m2
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Prime Eastern Suburbs Investment

This prime mixed-use property is situated along the vibrant retail strip between Jersey Road and Queen Street, serving as a gateway to Centennial Park, Sydney Cricket Ground, and Allianz Stadium.
The property is occupied by the esteemed Wine Library, which operates on a long-term lease with options and attractive fixed increases. Generating a gross income of approximately $128,474 per annum (plus GST).
The property Features
• Capacity: Accommodates up to 79 patrons.
• Fit-Out: Modern restaurant design with a fully equipped kitchen, exhaust fan, grease trap, bar counter, and liquor license
• Exposure: High visibility on Oxford Street
• Access:Convenient rear lane access via*Melrose Lane with associated parking.
This location enjoys regular Sydney bus services along Oxford Street with a bus stop located directly outside the property
Summary
• Area: 196 sqm
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Property Details for 18-20 Oxford St, Paddington

Building Type
Commercial
Floor Size
196m2
Land Size
152m2

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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 7,610 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 34 properties listed for sale, and 35 properties listed for rent in Paddington on OnTheHouse. According to CoreLogic's data, 322 properties were sold in the past 12 months in Paddington.

Suburb Insights for Paddington 2021

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Contact agent
Randall Kemp
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Brodie Kemp
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Ray White The Woollahra Group - Woollahra
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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.