OFF MARKET

49-51 Shepherd Street
Chippendale NSW 2008

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 415m2
Land area: 217m2
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Property Details for 49-51 Shepherd St, Chippendale

49-51 Shepherd St, Chippendale is a 0 bedroom, 0 bathroom House. The property has a land size of 217m2 and floor size of 415m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Floor Size
415m2
Land Size
217m2
Local Government
Sydney
Lot/Plan
2/DP784484

Last Listing description (April 2022)

City Fringe free standing building ideal for owner occupiers, renovators and investors.

Built in c.1899, 49-51 Shepherd Street Chippendale is a multi-level converted warehouse currently occupied by two commercial tenants (leases expired).

Occupying 228sqm of land with approximately 400sqm internally, rear lane access and garage, this historic warehouse is zoned R1 with existing commercial use. There is also a current DA approval for a spectacular multi level residence (DA plans available on request).

Enjoying a north eastern aspect, the building is located within close proximity to Broadway Shopping Centre, UTS, USYD, Victoria Park, Central Park and Central Station.

Chippendale is only minutes from the Sydney CBD, Central Station, Surry Hills and on the border to South Sydney and the Inner West. The suburb has recently been in the news for the announcement of Tech Central, Australia's largest technology and innovation hub backed by Atlassian founders Mike Cannon-Brookes and Scott Farquhar. The Tech Central development will provide 250,000 square metres of affordable space for tech start-ups and scaleups.

The building features:
- 228sqm of land with 400sqm internal area (approx.)
- Abundant natural light with large warehouse windows
- Period brick facade with immense character
- Character foyer with soaring ceilings and feature staircase
- Roller door access to parking with direct access to office space
- High ceilings and exposed sand stock bricks throughout interior
- Kitchen and bathroom facilities for each tenancy
- Multifaceted building with flexible floor plan

Please contact Fringe Commercial for a copy of the information memorandum.

Open for inspection Wednesdays and Fridays 12 - 12:30pm
February 16th, 18th, 23rd and 25th.
March 2nd

Property History for 49-51 Shepherd St, Chippendale, NSW 2008

A timeline of how this property has performed in the market
Last Sold
$4,800,000
31 Mar 2022
Listed for Rent
$85k/w
10 Aug 2020
  • 31 Mar 2022
    Sold for $4,800,000
  • 11 Feb 2022
    Listed for Sale EOI closing 17 March 2022
  • 18 Aug 2021
    Listed for Sale Price on request
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About Chippendale 2008

The size of Chippendale is approximately 0.5 square kilometres. It has 5 parks covering nearly 2.9% of total area. The population of Chippendale in 2011 was 4,056 people. By 2016 the population was 8,597 showing a population growth of 112.0% in the area during that time. The predominant age group in Chippendale is 20-29 years. Households in Chippendale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chippendale work in a professional occupation. In 2011, 29% of the homes in Chippendale were owner-occupied compared with 23.9% in 2016.

Chippendale has 5,650 properties. Over the last 5 years, Houses in Chippendale have seen a 15.28% increase in median value, while Units have seen a -0.40% decrease. As at 30 November 2024:

  • The median value for Houses in Chippendale is $1,751,893 while the median value for Units is $841,730.
  • Houses have a median rent of $900 while Units have a median rent of $850.
There are currently 45 properties listed for sale, and 62 properties listed for rent in Chippendale on OnTheHouse. According to CoreLogic's data, 238 properties were sold in the past 12 months in Chippendale.

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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.