SOLD
Sold on 23 May 2024 for $1,641,000

3/114 Kent Street
Millers Point NSW 2000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 111m2
Land area: 468m2
Improve this data
Share
Save

Property Details for 3/114 Kent St, Millers Point

3/114 Kent St, Millers Point is a 2 bedroom, 1 bathroom Unit and was built in 1880. The property has a land size of 468m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Millers Point in the last 12 months.

Building Type
Unit
Year Built
1880
Floor Size
111m2
Land Size
468m2
Local Government
Sydney
Lot/Plan
3/SP57193

Last Listing description (November 2023)

Perched at the entrance to central Barangaroo, this exciting offering is situated in the heart of Sydney's historic Rocks/Millers Point precincts, offering incredible business and investment prospects.

The position of this property is truly unique - it's set opposite the prestigious Langham Hotel and next to the historic Agar Steps, providing direct access to Observatory Hill and its beautiful parklands, commanding arguably Sydney's best harbour views.


The ground floor of the property consists of a retail shop front, currently a sandwich deli popular with locals, as well as a large commercial kitchen. The second and top floors consist of a living room, separate kitchen, study and one bedroom, all benefitting from a sun filled northerly aspect. The retail/shopfront and residence are separate, providing lucrative scope for business leases, residential tenancy and short term holiday rental.

Solid timber floorboards and high ceilings deliver classic appeal, while the rooftop terrace captures picturesque views incorporating the sparkling harbour scene and iconic heritage streetscape.

Garnering strong rental yields in one of Sydney's most highly sought-after positions, the opportunities are endless to capitalise on this prime parcel, with an array of world-class attractions just moments from the doorstep.

Directly connected to the CBD, it's strolling distance from the cafes and fine dining of Barangaroo and The Rocks, new waterfront parklands, historic pubs, The Crown Casino and Barangaroo's future metro station, as well as thriving Circular Quay.

- 1 bed | 1 bath
- Prime retail/residential premises in the heart of Millers Point
- Unique opportunity with highly lucrative business prospects
- Perched at the entrance to the central Barangaroo precinct
- Opposite prestigious Langham Hotel and next to Agar Steps
- Stairs lead to the harbour view parklands of Observatory Hill
- Ground floor consists of retail premises and commercial kitchen
- Separate dwelling with one bedroom, a bathroom, study and lounge
- Rooftop terrace with picturesque harbour and streetscape views
- Well presented interiors ready for tenants to move straight in
- Enjoys plenty of natural light from the sunny northerly aspect
- Lucrative scope for business leases/short term holiday rental
- Classic appeal with solid timber floorboards and high ceilings
- Strong rental yields in one of Sydney's most iconic locations
- World-class attractions just moments from the doorstep
- Stroll to cafes/fine dining at the Rocks and Barangaroo
- Surrounded by waterfront parklands and historic local pubs
- Short walk to Circular Quay and future Barangaroo Metro
- Exceedingly rare opportunity to acquire prime retail premises

Show More

Property History for 3/114 Kent St, Millers Point, NSW 2000

A timeline of how this property has performed in the market
Last Sold
$1,641,000
23 May 2024
  • 23 May 2024
    Sold for $1,641,000
  • 11 Aug 2023
    Listed for Sale Expressions of Interest

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

About Millers Point 2000

The size of Millers Point is approximately 0.2 square kilometres. It has 9 parks covering nearly 14.9% of total area. The population of Millers Point in 2011 was 1,735 people. By 2016 the population was 1,478 showing a population decline of 14.8% in the area during that time. The predominant age group in Millers Point is 30-39 years. Households in Millers Point are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Millers Point work in a professional occupation. In 2011, 34.6% of the homes in Millers Point were owner-occupied compared with 43.4% in 2016.

Millers Point has 1,838 properties. Over the last 5 years, Houses in Millers Point have seen a -19.31% decrease in median value, while Units have seen a 21.60% increase. As at 30 November 2024:

  • The median value for Houses in Millers Point is $2,711,964 while the median value for Units is $2,323,231.
  • Houses have a median rent of $1,475 while Units have a median rent of $1,295.
There are currently 7 properties listed for sale, and 1 property listed for rent in Millers point on OnTheHouse. According to CoreLogic's data, 56 properties were sold in the past 12 months in Millers point.

Millers Point Profile Page

Suburb Insights for Millers Point 2000

Visit Millers Point profile page
Market Insights
Millers Point Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Millers Point Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Millers Point profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED