69 Abercrombie StreetChippendale NSW 2008
Property Details for 69 Abercrombie St, Chippendale
Last Listing description (July 2024)
Authentic, freestanding early century warehouse building in the centre of Chippendale. 3 level format with perfect northerly orientation. Corner of Levey Street, the warehouse is home to 2 well established tenancies. Agents interest.
Highlights
* Fully leased with total GR $221,000 pa
* Passing rent $101k pa. 3 year lease
* Level 1 & 2 tenancy - 269 sqm
* Passing rent $120k pa. Lease exp 02/26
* Zoned MU1 - current use commercial
* GFA 405 sqm across the 3 levels
* Original timber beams + soaring ceilings
* Car access into ground floor
* Versatile asset. Suit resi & commercial
Property History for 69 Abercrombie St, Chippendale, NSW 2008
- 16 Apr 2024Sold for $4,875,000
- 05 Sep 2023Listed for Sale Not Disclosed
- 26 Feb 2019Listed for Rent $132,790 / year
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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 5,635 properties. Over the last 5 years, Houses in Chippendale have seen a 23.37% increase in median value, while Units have seen a 0.90% increase. As at 31 August 2024:
- The median value for Houses in Chippendale is $1,683,516 while the median value for Units is $830,736.
- Houses have a median rent of $1,100 while Units have a median rent of $828.
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