OFF MARKET

266 Abercrombie Street
Darlington NSW 2008

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 108m2
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Last updated 11 Nov 2024
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Property Details for 266 Abercrombie St, Darlington

266 Abercrombie St, Darlington is a 2 bedroom, 1 bathroom Unit. The property has a land size of 108m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Land Size
108m2
Local Government
Sydney
Lot/Plan
7/DP31810

Last Listing description (August 2022)

Located in the middle of Redfern Station and the University of Sydney, this commercial terrace has enormous potential for either an owner occupier, investor or builder looking to add value (STCA).

Investors will have no issues securing a commercial tenant who will benefit from the enormous foot traffic directly at the front door and the additional income from the residential apartment on the first floor.

For owner occupiers, this is a rare chance to secure a freehold asset in one the most tightly held pockets of the Inner West / City Fringe. Locate your business on the ground floor and benefit from everything the location has to offer and either utilise the first floor for the business, as your residence, or generate a second income from the building.

Immediately add value through re-configuring and adding services to the retail component, cosmetic improvements to the residential, but most of all maximise the asset by capitalising any underutilised planning controls (STCA).

- Land area 108sqm*
- Floor area 140sqm*
- HOB 9m
- B1 Neighbourhood Centre
- Corner position

*Figures are approximate

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Property History for 266 Abercrombie St, Darlington, NSW 2008

A timeline of how this property has performed in the market
Last Sold
$1,900,000
04 Aug 2022
Listed for Rent
21 Oct 2024
  • 04 Aug 2022
    Sold for $1,900,000
  • 07 Apr 2022
    Listed for Sale For Sale $1,960,000.00
  • 01 May 2008
    Listed for Rent - Price not available
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About Darlington 2008

The size of Darlington is approximately 0.4 square kilometres. It has 1 park covering nearly 0.8% of total area. The population of Darlington in 2011 was 2,244 people. By 2016 the population was 3,101 showing a population growth of 38.2% in the area during that time. The predominant age group in Darlington is 20-29 years. Households in Darlington are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Darlington work in a professional occupation. In 2011, 38.3% of the homes in Darlington were owner-occupied compared with 25.2% in 2016.

Darlington has 1,379 properties. Over the last 5 years, Houses in Darlington have seen a 37.83% increase in median value, while Units have seen a 30.32% increase. As at 31 October 2024:

  • The median value for Houses in Darlington is $1,954,648 while the median value for Units is $1,036,486.
  • Houses have a median rent of $950 while Units have a median rent of $700.
There are currently 2 properties listed for sale, and 3 properties listed for rent in Darlington on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Darlington.

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