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Sold on 02 Nov 2024 - Price Unavailable

57A Albert Street
Leichhardt NSW 2040

Bedrooms: 2
Bathrooms: 3
Car spaces: 1
Floor area: 182m2
Land area: 370m2
Sold By
Bresic Whitney Glebe
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Property Details for 57a Albert St, Leichhardt

Building Type
Commercial
Year Built
1920
Floor Size
182m2
Land Size
370m2
Local Government
Inner West
Lot/Plan
1/SP50424

Last Listing description (November 2024)

Auction Location: On site

An exemplar of adaptive reuse, this warehouse conversion masterfully retains its industrial spirit recast as a comfortable and inviting home. There is ample flexibility in the two-level floorplan, with a self-contained apartment on the ground level (with its own street access) along with a generous garage/workshop. The vast main level is lined in classic warehouse windows, pendants and ceiling beams, with a full wall of glass overlooking the private courtyard space. Well-separated from the main living space is the master wing with ensuite and dressing room, plus a home office/media lounge. Stroll to light rail, trains, buses, Norton Street, Marketplace, caf?s and Petersham Park. The home also generates passive income of around $50k a year as a popular space for commercial shoots and a film set.

Highlights

* Grandly scaled two-level warehouse
* High vaulted ceilings with timber beams
* Hardwood floors, pendant lights, fans
* Vast entertainer's kitchen, eat-in island
* Flexibility to add bedrooms/reconfigure
* Separate apartment with own street access
* Well-separated master wing and office
* Conservatory-style courtyard, so private
* Garage/workshop lined with storage
* Free Building & Pest Report: bw.com.au

Property History for 57a Albert St, Leichhardt, NSW 2040

A timeline of how this property has performed in the market
Last Sold
02 Nov 2024
  • 02 Nov 2024
    Sold
  • 08 Oct 2024
    Listed for Sale Guide $2,500,000
  • 21 Mar 2024
    Listed for Sale For Sale $3,000,000
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About Leichhardt 2040

The size of Leichhardt is approximately 2.6 square kilometres. It has 16 parks covering nearly 6.6% of total area. The population of Leichhardt in 2011 was 13,519 people. By 2016 the population was 14,608 showing a population growth of 8.1% in the area during that time. The predominant age group in Leichhardt is 30-39 years. Households in Leichhardt are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Leichhardt work in a professional occupation. In 2011, 57.8% of the homes in Leichhardt were owner-occupied compared with 57.6% in 2016.

Leichhardt has 8,671 properties. Over the last 5 years, Houses in Leichhardt have seen a 38.83% increase in median value, while Units have seen a 30.50% increase. As at 31 October 2024:

  • The median value for Houses in Leichhardt is $2,077,732 while the median value for Units is $1,091,523.
  • Houses have a median rent of $920 while Units have a median rent of $738.
There are currently 34 properties listed for sale, and 43 properties listed for rent in Leichhardt on OnTheHouse. According to CoreLogic's data, 434 properties were sold in the past 12 months in Leichhardt.

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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.