FOR SALE
For Sale $6,500,000

9/5-15 Orwell Street
Potts Point NSW 2011

Bedrooms: 15
Bathrooms: 10
Car spaces: 5
Floor area: 660m2
Land area: 739m2
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Exciting development opportunity on approx 739sqm in heart of Potts Point

An exceptional development opportunity exists in the heart of Potts Point, this 739sqm (approx.) building represents outstanding potential to reconfigure into five x 120sqm three-bedroom, two-bathroom apartments with secure parking for each and direct access to Springfield Apartments. Boasting its own private entrance from Orwell Street, this rare offering is positioned within footsteps of Macleay and Victoria Street's cosmopolitan shops, bars and cafés, while a stroll to Kings Cross Station, the weekend markets, harbourside parks and Woolloomooloo's celebrated waterfront dining.
-Zoned MU1 Mixed-use property in the heart of Potts Point
-Superb opportunity to recreate modern residential complex
-Potential to reconfigure into five x 120sqm new apartments
-Each apartment to comprise three x beds and two x baths
-Convenient lift access to five secure oversized car spaces
-Entrance via Orwell Street, part of Springfield Gardens
-Footsteps to Victoria and Macleay Street's shops, eateries
-Walk to Kings Cross Station, city buses, weekend markets
-Moments to Woolloomooloo's celebrated waterfront dining
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Property Details for 9/5-15 Orwell St, Potts Point

9/5-15 Orwell St, Potts Point is a 15 bedroom, 10 bathroom Other with 5 parking spaces. The property has a land size of 739m2 and floor size of 660m2. The place is currently for sale with Raine & Horne Double Bay/Bondi Beach.

Building Type
Other
Floor Size
660m2
Land Size
739m2

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About Potts Point 2011

The size of Potts Point is approximately 0.6 square kilometres. It has 3 parks covering nearly 2.5% of total area. The population of Potts Point in 2011 was 6,861 people. By 2016 the population was 9,425 showing a population growth of 37.4% in the area during that time. The predominant age group in Potts Point is 20-29 years. Households in Potts Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Potts Point work in a professional occupation. In 2011, 35.1% of the homes in Potts Point were owner-occupied compared with 31.3% in 2016.

Potts Point has 7,198 properties. Over the last 5 years, Houses in Potts Point have seen a -4.46% decrease in median value, while Units have seen a 15.38% increase. As at 31 October 2024:

  • The median value for Houses in Potts Point is $2,751,358 while the median value for Units is $1,051,909.
  • Houses have a median rent of $675 while Units have a median rent of $650.
There are currently 18 properties listed for sale, and 56 properties listed for rent in Potts point on OnTheHouse. According to CoreLogic's data, 271 properties were sold in the past 12 months in Potts point.

Suburb Insights for Potts Point 2011

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Dean Power
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Raine & Horne Double Bay/Bondi Beach
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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.