SOLD
Sold on 15 Apr 2024 for $1,100,000

1/5 Mcgill Street
Lewisham NSW 2049

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 85m2
Land area: 170m2
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Property Details for 1/5 Mcgill St, Lewisham

1/5 Mcgill St, Lewisham is a 0 bedroom, 0 bathroom Unit and was built in 2017. The property has a land size of 170m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 0 bedroom Unit sold in Lewisham in the last 12 months.

Building Type
Unit
Year Built
2017
Floor Size
85m2
Land Size
170m2
Local Government
Inner West
Lot/Plan
55/SP96581

Last Listing description (November 2023)

Colliers are pleased to present For Sale Suite 1 in 1-5 McGill Street, a near-new, modern ground floor suite that enables astute owner occupier the opportunity to enter this lucrative retail pocket, or an investor the potential to add genuine value to the property via letting up or repositioning.

Key Highlights:
+ Immaculate modern existing fit out with polished concrete floors & a disabled bathroom

+ Great north-facing natural light; near floor-to-ceiling windows
+ Generous ~3.8m exposed ceiling
+ 2 secure, garaged on-grade car spaces on title
+ Flexible floorplate & Mixed Use zoning allows for a multitude of potential uses
+ Conveniently situated off two of the busiest conduits in the Inner West
+ 140m to Lewisham Tram Station, 450m to Lewisham Train Station
+ Supported by strong employment precincts in Lewisham, Petersham, Leichhardt and Ashfield
+ Short term lease in place to local Developer

For further information and/or to arrange a private inspection, please contact the exclusive Colliers listing agents.

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Property History for 1/5 Mcgill St, Lewisham, NSW 2049

A timeline of how this property has performed in the market
Last Sold
$1,100,000
15 Apr 2024
Listed for Rent
$1.78k/w
17 Jul 2018
  • 15 Apr 2024
    Sold for $1,100,000
  • 22 Nov 2023
    Listed for Sale Please contact agent
  • 10 Aug 2021
    Sold for $800,000
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About Lewisham 2049

The size of Lewisham is approximately 0.6 square kilometres. It has 3 parks covering nearly 3.2% of total area. The population of Lewisham in 2011 was 2,927 people. By 2016 the population was 3,138 showing a population growth of 7.2% in the area during that time. The predominant age group in Lewisham is 20-29 years. Households in Lewisham are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Lewisham work in a professional occupation. In 2011, 59.9% of the homes in Lewisham were owner-occupied compared with 52.4% in 2016.

Lewisham has 2,216 properties. Over the last 5 years, Houses in Lewisham have seen a 37.57% increase in median value, while Units have seen a 20.83% increase. As at 31 October 2024:

  • The median value for Houses in Lewisham is $2,097,795 while the median value for Units is $921,388.
  • Houses have a median rent of $850 while Units have a median rent of $650.
There are currently 9 properties listed for sale, and 6 properties listed for rent in Lewisham on OnTheHouse. According to CoreLogic's data, 98 properties were sold in the past 12 months in Lewisham.

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